Ugi Corp /pa/ (UGI) Files Form 4 Insider Selling : Kirk R Oliver Sells 14,062 Shares

Ugi Corp /pa/ (UGI): Kirk R Oliver , CFO of Ugi Corp /pa/ sold 14,062 shares on Jun 21, 2016. The Insider selling transaction was reported by the company on Jun 23, 2016 to the Securities and Exchange Commission. The shares were sold at $43.77 per share for a total value of $615,440.31 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 17, 2016, Robert F. Beard (President & CEO of subsidiary) sold 16,500 shares at $42.08 per share price.On May 17, 2016, Jerry E Sheridan (President & CEO of Subsidiary) sold 64,125 shares at $41.09 per share price.Also, On May 11, 2016, Bradley C Hall (VP New Business Development) sold 126,000 shares at $41.19 per share price.On Mar 16, 2016, Marie-dominiq Ortiz-landazabal (Chief Accounting Officer) sold 10,000 shares at $39.03 per share price.

UGI Corp: On Tuesday, Jun 21, 2016 heightened volatility was witnessed in UGI Corp which led to swings in the share price. The shares opened for trading at $43.53 and hit $44.195 on the upside , eventually ending the session at $43.98, with a gain of 1.24% or 0.54 points. The heightened volatility saw the trading volume jump to 9,48,058 shares. The 52-week high of the share price is $44.35 and the company has a market cap of $7,595 M . The 52-week low of the share price is at $31.505.

UGI Corp Money Flow Index Chart

Company has been under the radar of several Street Analysts.UGI Corp is Downgraded by Barclays to Underweight and the brokerage firm has raised the Price Target to $ 42 from a previous price target of $39 .Earlier the firm had a rating of Equal Weight on the company shares. The Rating was issued on Jun 20, 2016.

UGI Corporation is a holding company that through subsidiaries distributes stores transports and markets energy products and related services. The Company is a domestic and international retail distributor of propane and butane and provides natural gas and electric service through regulated local distribution utilities. The Company generates electricity and markets energy commodities. It owns and manages midstream assets. The Company’s subsidiaries and affiliates operate in six business segments: AmeriGas Propane; UGI International – Antargaz; UGI International – Flaga & Other; Energy Services; Electric Generation and Gas Utility. In addition to the segments UGI Corporation owns and operates electric distribution business in Pennsylvania through UGI Utilities and a heating ventilation air-conditioning refrigeration and electrical contracting service business in portions of eastern Pennsylvania and the Mid-Atlantic region of the United States through UGI HVAC Enterprises Inc.

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