Insider Selling: Duke Energy Corp EVP Sells 1,947 Shares of Stock (DUK)
Duke Energy Corp (NYSE:DUK) EVP Julia S. Janson sold 1,947 shares of the stock in a transaction that occurred on Thursday, August 28th. The stock was sold at an average price of $73.27, for a total value of $142,656.69. Following the completion of the transaction, the executive vice president now directly owns 23,126 shares in the company, valued at approximately $1,694,442. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Duke Energy Corp (NYSE:DUK) traded down 0.73% during mid-day trading on Tuesday, hitting $73.45. 4,079,167 shares of the company’s stock traded hands. Duke Energy Corp has a 52-week low of $64.16 and a 52-week high of $75.13. The stock has a 50-day moving average of $72. and a 200-day moving average of $71.7. The company has a market cap of $51.949 billion and a price-to-earnings ratio of 23.77.
Duke Energy Corp (NYSE:DUK) last posted its quarterly earnings results on Thursday, August 7th. The company reported $1.11 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.00 by $0.11. The company had revenue of $5.95 billion for the quarter, compared to the consensus estimate of $6.13 billion. During the same quarter in the prior year, the company posted $0.87 earnings per share. The company’s quarterly revenue was up 1.2% on a year-over-year basis. On average, analysts predict that Duke Energy Corp will post $4.60 earnings per share for the current fiscal year.
A number of analysts have recently weighed in on DUK shares. Analysts at SunTrust raised their price target on shares of Duke Energy Corp from $73.00 to $74.00 in a research note on Tuesday. Separately, analysts at RBC Capital raised their price target on shares of Duke Energy Corp from $80.00 to $81.00 in a research note on Monday, August 25th. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Duke Energy Corp in a research note on Friday, August 22nd. They now have a $77.00 price target on the stock. Five analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $76.75.
Duke Energy Corporation (NYSE:DUK) is an energy company.
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