Northwestern Corp (NWE): H. Grahame Heather , VP & General Counsel of Northwestern Corp sold 3,300 shares on Jun 9, 2016. The Insider selling transaction was reported by the company on Jun 10, 2016 to the Securities and Exchange Commission. The shares were sold at $60.55 per share for a total value of $199,816.66 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 8, 2016, Robert C Rowe (President & CEO) sold 7,000 shares at $59.32 per share price.On Apr 27, 2016, Jan Robert Horsfall (director) sold 3,200 shares at $56.38 per share price.Also, On Mar 14, 2016, H. Grahame Heather (VP & General Counsel) sold 5,469 shares at $60.11 per share price.On Mar 14, 2016, Bobbi L Schroeppel (VP Cust. Care & Communications) sold 2,000 shares at $59.56 per share price.
NorthWestern Corp: On Thursday, Jun 9, 2016 heightened volatility was witnessed in NorthWestern Corp which led to swings in the share price. The shares opened for trading at $59.9 and hit $60.71 on the upside , eventually ending the session at $60.58, with a gain of 1.24% or 0.74 points. The heightened volatility saw the trading volume jump to 1,79,247 shares. The 52-week high of the share price is $62.51 and the company has a market cap of $2,926 M . The 52-week low of the share price is at $48.44.
Company has been under the radar of several Street Analysts.NorthWestern Corp is Initiated by Mizuho to Neutral and the brokerage firm has set the Price Target at $65. The Rating was issued on Mar 31, 2016.
North-Western Corporation doing business as North-Western Energy provides electricity and natural gas. The Company operates its business under segments: Electric operations Natural gas operations and All other which primarily consists of unallocated corporate costs. Electric operations segment consists of an electric utility business in Montana which includes generation transmission and distribution. The Company also transmits electricity for non-regulated entities owning generation facilities other utilities and power marketers serving the Montana electricity market. The Company’s South Dakota electric utility business operates as a vertically integrated generation transmission and distribution utility. Natural gas operations segment consists of a natural gas utility business in Montana which includes production storage transmission and distribution.