Today, the VP, Controller, CAO of CMS Energy (NYSE: CMS), Glenn Barba, sold shares of CMS for $468.5K.
Following Glenn Barba’s last CMS Sell transaction on May 10, 2017, the stock climbed by 2.7%. In addition to Glenn Barba, one other CMS executive reported Sell trades in the last month.
See today’s analyst top recommended stocks >>
Based on CMS Energy’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $1.95 billion and quarterly net profit of $241 million. In comparison, last year the company earned revenue of $1.83 billion and had a net profit of $199 million. The company has a one-year high of $50.85 and a one-year low of $40.48. CMS’s market cap is $13.24B and the company has a P/E ratio of 26.27.
Based on 7 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $47.42, reflecting a -2.0% downside.
The insider sentiment on CMS Energy has been negative according to 73 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Company insider trades’ information is brought to you by the DailyInsider, a proprietary algorithm that analyzes insider trading activity to detect the most attractive trading opportunities. 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.
CMS Energy Corp. is a holding company, which engages in business through its subsidiaries. It operates through the following business segments: Electric Utility, Gas Utility, and Enterprises. The Electric Utility segment refers to the generation, purchase, transmission, distribution, and sale of electricity.
