An Insider at Eversource Energy (ES) is Selling Shares


Today, an Insider at Eversource Energy (ES), Sanford Cloud, sold shares of ES for $71.76K.

Following Sanford Cloud’s last ES Sell transaction on September 12, 2016, the stock climbed by 19.2%. In addition to Sanford Cloud, 6 other ES executives reported Sell trades in the last month.

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Based on Eversource Energy’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $2.03 billion and quarterly net profit of $231 million. In comparison, last year the company earned revenue of $1.9 billion and had a net profit of $237 million. ES’s market cap is $21.86B and the company has a P/E ratio of 21.23. Currently, Eversource Energy has an average volume of 1.96M.

Based on 6 analyst ratings, the analyst consensus is Hold with an average price target of $69.17, reflecting a 0.8% upside.

The insider sentiment on Eversource Energy has been negative according to 48 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Sanford Cloud’s trades have generated a -10.2% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Eversource Energy engages in the generation, transmission, and distribution of natural gas and electricity. It operates through the following segments: Electric Distribution, Electric Transmission, Water Distribution and Natural Gas Distribution. The Electric Distribution segment distributes electricity to retail customers.

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