The CAO of Enable Midstream (ENBL) is Selling Shares

Today, the CAO of Enable Midstream (ENBL), Thomas Levescy, sold shares of ENBL for $592.6K.

In addition to Thomas Levescy, one other ENBL executive reported Sell trades in the last month.

See today’s analyst top recommended stocks >>

Based on Enable Midstream’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $901 million and quarterly net profit of $174 million. In comparison, last year the company earned revenue of $810 million and had a net profit of $108 million. ENBL’s market cap is $6.4B and the company has a P/E ratio of 13.25. Currently, Enable Midstream has an average volume of 180.2K.

Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $17.00, reflecting a 14.6% upside.

In the last 30 days, insiders have sold $592.6K worth of ENBL shares and purchased $15.06K worth of ENBL shares. The insider sentiment on Enable Midstream has been positive according to 27 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Enable Midstream Partners LP owns, operates and develops natural gas and crude oil infrastructure assets. The company operates through two business segments: Gathering & Processing and Transportation & Storage.