Today, the EVP & Pres. External Affairs of Southern Co (NYSE: SO), Christopher Womack, sold shares of SO for $776K.
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Based on Southern Co’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $5.66 billion and GAAP net loss of $150 million. In comparison, last year the company earned revenue of $5.41 billion and had a GAAP net loss of $1.37 billion. SO’s market cap is $48.17B and the company has a P/E ratio of 20.47. Currently, Southern Co has an average volume of 5.42M.
Five different firms, including Merrill Lynch and Citigroup, currently also have a Sell rating on the stock. Based on 6 analyst ratings, the analyst consensus is Moderate Sell with an average price target of $45.50, reflecting a 3.2% upside.
Christopher Womack’s trades have generated a -7.3% 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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The Southern Co. is a holding company, which engages in the sale of electricity. It operates through the following segments: Traditional Electric Operating Companies, Southern Power, Southern Company Gas, and All Other.
