Northeast Utilities System SVP Sells $1,275,300 in Stock (NU)
Northeast Utilities System (NYSE:NU) SVP Gregory B. Butler sold 30,000 shares of Northeast Utilities System stock in a transaction dated Thursday, August 7th. The stock was sold at an average price of $42.51, for a total value of $1,275,300.00. Following the completion of the sale, the senior vice president now directly owns 120,710 shares of the company’s stock, valued at approximately $5,131,382. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Northeast Utilities System (NYSE:NU) traded down 0.46% during mid-day trading on Monday, hitting $43.28. The stock had a trading volume of 1,229,063 shares. Northeast Utilities System has a 52-week low of $40.01 and a 52-week high of $47.60. The stock has a 50-day moving average of $45. and a 200-day moving average of $45.06. The company has a market cap of $13.693 billion and a P/E ratio of 18.29.
Northeast Utilities System (NYSE:NU) last released its earnings data on Thursday, July 31st. The company reported $0.52 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.50 by $0.02. The company had revenue of $1.68 billion for the quarter, compared to the consensus estimate of $1.54 billion. During the same quarter in the prior year, the company posted $0.54 earnings per share. The company’s quarterly revenue was up 2.5% on a year-over-year basis. Analysts expect that Northeast Utilities System will post $2.69 EPS for the current fiscal year.
Northeast Utilities (NYSE:NU) is a public utility holding company.
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