The President of Public Service Enterprise (PEG) is Selling Shares


Today, the President of Public Service Enterprise (PEG), Derek Dirisio, sold shares of PEG for $121.9K.

Following Derek Dirisio’s last PEG Sell transaction on November 21, 2017, the stock climbed by 3.2%.

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Based on Public Service Enterprise’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $2.39 billion and quarterly net profit of $412 million. In comparison, last year the company earned revenue of $2.24 billion and had a net profit of $395 million. PEG’s market cap is $26.7B and the company has a P/E ratio of 12.26. Currently, Public Service Enterprise has an average volume of 1.27M.

Based on 5 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $57.80, reflecting a 8.6% upside.

Derek Dirisio’s trades have generated a -7.5% 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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Public Service Enterprise Group, Inc. is a holding company, which engages in the provision of electric and gas services. It operates through the Public Service Electric & Gas Co. (PSE&G) and Power segments. The PSE&G segment engages in the transmission of electricity and distribution of electricity and natural gas.

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