Northwestern Corp (NWE) Files Form 4 Insider Selling : Robert C Rowe Sells 7,000 Shares

Northwestern Corp (NWE): Robert C Rowe , President & CEO of Northwestern Corp sold 7,000 shares on Jun 7, 2016. The Insider selling transaction was reported by the company on Jun 8, 2016 to the Securities and Exchange Commission. The shares were sold at $59.32 per share for a total value of $415,240.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 27, 2016, Jan Robert Horsfall (director) sold 3,200 shares at $56.38 per share price.On Mar 14, 2016, H. Grahame Heather (VP & General Counsel) sold 5,469 shares at $60.11 per share price.Also, On Mar 14, 2016, Bobbi L Schroeppel (VP Cust. Care & Communications) sold 2,000 shares at $59.56 per share price.On Mar 11, 2016, Robert C Rowe (President & CEO) sold 4,500 shares at $60.71 per share price.

Shares of NorthWestern Corp (NWE) ended Tuesday, Jun 7, 2016 session in red amid volatile trading. The shares closed down -0.18 points or -0.30% at $59.23 with 1,31,362 shares getting traded. Post opening the session at $59.4, the shares hit an intraday low of $59.1 and an intraday high of $59.61 and the price vacillated in this range throughout the day. The company has a market cap of $2,861 M and the number of outstanding shares has been calculated to be 4,83,06,885 shares. The 52-week high of NorthWestern Corp is $62.51 and the 52-week low is $48.44.

NorthWestern Corp Money Flow Index Chart

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.

Leave a Reply

NorthWestern Corp - Is it time to Sell?

Top Brokerage Firms are advising their investors on NorthWestern Corp. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.