Today, the VP, Contr & CAO of Pinnacle West Capital Corp (PNW), Denise Danner, sold shares of PNW for $294.7K.
Following Denise Danner’s last PNW Sell transaction on March 08, 2017, the stock climbed by 11.8%. In addition to Denise Danner, one other PNW executive reported Sell trades in the last month.
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Based on Pinnacle West Capital Corp’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $1.26 billion and quarterly net profit of $315 million. In comparison, last year the company earned revenue of $1.18 billion and had a net profit of $276 million. PNW’s market cap is $9.98B and the company has a P/E ratio of 19.75. Currently, Pinnacle West Capital Corp has an average volume of 1.21M.
Based on 7 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $89.17, reflecting a 0.4% upside.
The insider sentiment on Pinnacle West Capital Corp has been negative according to 63 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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Pinnacle West Capital Corp. is a holding company, which engages in providing energy and energy-related products. It offers regulated retail and wholesale electricity businesses and related activities, such as electricity generation, transmission and distribution through its subsidiary, Arizona Public Service Co.
