Insider Selling: & Guill Energy L.P. Edelman Unloads 206,188 Shares of Constellation Energy Stock (CEP)
Constellation Energy (NYSE:CEP) major shareholder & Guill Energy L.P. Edelman sold 206,188 shares of Constellation Energy stock on the open market in a transaction dated Tuesday, June 24th. The shares were sold at an average price of $2.41, for a total value of $496,913.08. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Major shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.
Shares of Constellation Energy (NYSE:CEP) traded down 1.01% on Tuesday, hitting $2.445. 22,574 shares of the company’s stock traded hands. Constellation Energy has a 52-week low of $1.82 and a 52-week high of $3.20. The stock’s 50-day moving average is $2.41 and its 200-day moving average is $2.40. The company’s market cap is $72.2 million.
Constellation Energy (NYSE:CEP) last announced its earnings results on Thursday, May 15th. The company reported $0.20 EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.04) by $0.24. On average, analysts predict that Constellation Energy will post $0.17 earnings per share for the current fiscal year.
Constellation Energy Partners LLC (NYSE:CEP) is engaged in the acquisition, development and production of oil and natural gas properties, as well as related midstream assets.
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