Constellation Energy major shareholder Sells $239,070 in Stock (CEP)
Constellation Energy (NYSE:CEP) major shareholder & Guill Energy L.P. Edelman unloaded 96,012 shares of the stock in a transaction that occurred on Thursday, June 26th. The stock was sold at an average price of $2.49, for a total value of $239,069.88. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.
Constellation Energy (NYSE:CEP) traded up 2.38% on Friday, hitting $2.58. 293,969 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 $76.2 million.
Constellation Energy (NYSE:CEP) last issued its quarterly earnings data 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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