Exelon Corp (EXC) Files Form 4 Insider Selling : Calvin Jr Butler Sells 6,403 Shares

Exelon Corp (EXC): Calvin Jr Butler , CEO, BGE of Exelon Corp sold 6,403 shares on Sep 22, 2016. The Insider selling transaction was reported by the company on Sep 22, 2016 to the Securities and Exchange Commission. The shares were sold at $35.00 per share for a total value of $224,105.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jul 18, 2016, Kenneth W. Cornew (Sr. EVP, Pres & CEO Generation) sold 30,000 shares at $36.47 per share price.On May 13, 2016, Mayo A Iii Shattuck (director other) sold 327,000 shares at $35.30 per share price.Also, On Feb 8, 2016, Calvin Jr Butler (CEO, BGE) sold 5,000 shares at $32.42 per share price.On Feb 5, 2016, Duane M Desparte (SVP and Controller) sold 3,000 shares at $32.36 per share price.

Shares of Exelon Corporation (EXC) ended Tuesday, Sep 21, 2016 session in red amid volatile trading. The shares closed down -0.25 points or -0.73% at $33.91 with 60,34,775 shares getting traded. Post opening the session at $34.25, the shares hit an intraday low of $33.84 and an intraday high of $34.42 and the price vacillated in this range throughout the day. The company has a market cap of $31,295 M and the number of outstanding shares has been calculated to be 92,28,72,370 shares. The 52-week high of Exelon Corporation is $37.7 and the 52-week low is $25.09.

Exelon Corporation Money Flow Index Chart

Company has been under the radar of several Street Analysts.Exelon Corporation is Upgraded by Deutsche Bank to Buy and the brokerage firm has raised the Price Target to $ 39 from a previous price target of $36 .Earlier the firm had a rating of Hold on the company shares. The Rating was issued on Jul 22, 2016.

Exelon Corporation (Exelon) is a utility services holding company. The Company operates through nine segments consisting of Exelon Generation Company LLC’s (Generation) six marketing segments Commonwealth Edison Company (ComEd) PECO Energy Company (PECO) and Baltimore Gas and Electric Company (BGE). Generation’s business consists of the generation physical delivery and marketing of power across geographical regions. ComEd’s business consists of the purchase and regulated retail sale of electricity and the provision of electricity transmission and distribution services to retail customers. PECO’s business consists of the purchase and regulated retail sale of electricity and the provision of electricity distribution and transmission services. BGE’s business consists of the purchase and regulated retail sale of electricity and natural gas and the provision of electricity distribution and transmission and gas distribution services.

Leave a Reply

Exelon Corporation - Is it time to Sell?

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