The SVP & CFO of DTE Energy (DTE) is Selling Shares


Today, the SVP & CFO of DTE Energy (DTE), Peter Oleksiak, sold shares of DTE for $219.5K.

Following Peter Oleksiak’s last DTE Sell transaction on August 02, 2018, the stock climbed by 11.2%. In addition to Peter Oleksiak, one other DTE executive reported Sell trades in the last month.

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Based on DTE Energy’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $3.56 billion and quarterly net profit of $333 million. In comparison, last year the company earned revenue of $3.23 billion and had a net profit of $269 million. DTE’s market cap is $21.65B and the company has a P/E ratio of 17.71. Currently, DTE Energy has an average volume of 809.7K.

Based on 5 analyst ratings, the analyst consensus is Hold with an average price target of $116.75, reflecting a -2.1% downside.

The insider sentiment on DTE Energy has been negative according to 60 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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DTE Energy Co. is a diversified energy company, which engages in the business of providing electricity and natural gas sales, distribution and storage services throughout Michigan through its subsidiaries. It operates through the following segments: Electric, Gas, Non-Utility Operations, and Corporate & Other.

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