Idacorp Inc (IDA) Files Form 4 Insider Selling : J Lamont Keen Sells 4,000 Shares

Idacorp Inc (IDA): J Lamont Keen , director of Idacorp Inc sold 4,000 shares on Jul 14, 2016. The Insider selling transaction was reported by the company on Jul 18, 2016 to the Securities and Exchange Commission. The shares were sold at $80.65 per share for a total value of $322,609.44 , 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 17, 2016, Tessia Park (VP of Power Supply) sold 550 shares at $74.99 per share price.On Jun 13, 2016, J Lamont Keen (director) sold 4,000 shares at $74.80 per share price.Also, On May 12, 2016, Lisa A Grow (Sr. VP of Operations (IPC) sold 1,700 shares at $73.49 per share price.On Mar 10, 2016, Steven R Keen (SVP, CFO & Treasurer) sold 2,742 shares at $73.32 per share price.

Shares of IDACORP Inc (IDA) ended Friday, Jul 15, 2016 session in red amid volatile trading. The shares closed down -0.08 points or -0.10% at $80.49 with 2,31,078 shares getting traded. Post opening the session at $80.66, the shares hit an intraday low of $79.85 and an intraday high of $81.17 and the price vacillated in this range throughout the day. The company has a market cap of $4,058 M and the number of outstanding shares has been calculated to be 5,04,15,427 shares. The 52-week high of IDACORP Inc is $83.4 and the 52-week low is $57.23.

IDACORP Inc Money Flow Index Chart

IDACORP Inc. (IDACORP) is a holding company. The Company’s principal operating subsidiary is Idaho Power Company (Idaho Power) which is an electric utility engaged in the generation transmission distribution sale and purchase of electric energy and capacity. IDACORP’s other subsidiaries include IDACORP Financial Services Inc. Ida-West Energy Company and IDACORP Energy Services Co. Idaho Power is also engaged in the sale of electricity to retail and wholesale customers and the provision of transmission service. Idaho Power provides electric utility service to approximately 516000 general business customers in southern Idaho and eastern Oregon. Idaho Power holds franchises in 71 cities in Idaho and nine cities in Oregon and holds certificates to serve all or a portion of 25 counties in Idaho and three counties in Oregon. Idaho Power’s system consists of 17 hydroelectric generating plants three natural gas-fired plants and three coal-fired steam electric generating plants.

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