Insider Selling: Constellation Energy major shareholder Sells 300,000 Shares of Stock (CEP)
Constellation Energy (NYSE:CEP) major shareholder & Guill Energy L.P. Edelman sold 300,000 shares of Constellation Energy stock in a transaction that occurred on Wednesday, August 6th. The stock was sold at an average price of $2.73, for a total value of $819,000.00. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.
Shares of Constellation Energy (NYSE:CEP) traded down 0.36% on Thursday, hitting $2.74. The stock had a trading volume of 47,678 shares. Constellation Energy has a 52 week low of $1.90 and a 52 week high of $3.20. The stock has a 50-day moving average of $2.66 and a 200-day moving average of $2.49. The company’s market cap is $80.9 million.
Constellation Energy (NYSE:CEP) last issued its quarterly earnings data on Thursday, May 15th. The company reported $0.20 earnings per share (EPS) for the quarter, beating the 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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