Alliant Energy Corp (LNT) Files Form 4 Insider Selling : James H Gallegos Sells 5,000 Shares

Alliant Energy Corp (LNT): James H Gallegos , SVP, Gen Cnsl and Corp Sec of Alliant Energy Corp sold 5,000 shares on Jul 11, 2016. The Insider selling transaction was reported by the company on Jul 12, 2016 to the Securities and Exchange Commission. The shares were sold at $40.29 per share for a total value of $201,457.50 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jul 12, 2016, James H Gallegos (SVP, Gen Cnsl and Corp Sec) sold 5,000 shares at $40.29 per share price.On May 10, 2016, Deborah B. Dunie (director) purchased 1,000 shares at $73.11 per share price.Also, On Mar 4, 2016, Thomas L Hanson (Senior Vice President, CFO) sold 7,500 shares at $68.15 per share price.On Feb 29, 2016, John O Larsen (Senior Vice President) sold 3,000 shares at $69.94 per share price.

Shares of Alliant Energy Corporation (LNT) ended Monday, Jul 11, 2016 session in red amid volatile trading. The shares closed down -0.09 points or -0.22% at $40.46 with 16,29,303 shares getting traded. Post opening the session at $40.37, the shares hit an intraday low of $39.81 and an intraday high of $40.46 and the price vacillated in this range throughout the day. The company has a market cap of $9,189 M and the number of outstanding shares has been calculated to be 22,71,25,300 shares. The 52-week high of Alliant Energy Corporation is $40.99 and the 52-week low is $27.135.

Alliant Energy Corporation Money Flow Index Chart

Company has been under the radar of several Street Analysts.Alliant Energy Corporation is Downgraded by Barclays to Equal Weight and the brokerage firm has set the Price Target at $39. Earlier the firm had a rating of Overweight on the company shares. The Rating was issued on Jun 10, 2016.

Alliant Energy Corporation (Alliant Energy) is a regulated investor-owned public utility holding company. The Company provides regulated electric and natural gas services in Iowa Wisconsin and Minnesota. The Company’s business segments are Utility and Non-regulated Parent and Other. The Utility segment includes the operations of Interstate Power and Light Company (IPL) and Wisconsin Power and Light Company (WPL). The utility business segment includes utility electric operations utility gas operations and utility other which includes steam operations and the unallocated portions of the utility business. The Company’s Non-regulated Parent and Other segment includes the operations of Alliant Energy Resources LLC (Resources) and its subsidiaries; Alliant Energy Corporate Services Inc. (Corporate Services); the Alliant Energy parent company and any Alliant Energy parent company consolidating adjustments.

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