Constellation Energy major shareholder & Guill Energy L.P. Edelman Unloads 273,700 Shares (CEP)
Constellation Energy (NYSE:CEP) major shareholder & Guill Energy L.P. Edelman unloaded 273,700 shares of the company’s stock on the open market in a transaction that occurred on Wednesday, July 9th. The stock was sold at an average price of $2.70, for a total value of $738,990.00. The transaction was disclosed in a document filed 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 sales and purchases with the SEC.
Shares of Constellation Energy (NYSE:CEP) traded down 0.74% during mid-day trading on Wednesday, hitting $2.70. The stock had a trading volume of 336,552 shares. 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 $2.48 and its 200-day moving average is $2.43. The company’s market cap is $79.8 million.
Constellation Energy (NYSE:CEP) last released its 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. Analysts expect that Constellation Energy will post $0.17 EPS 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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.