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Insider Trends: Duke Energy Insider Receives Stock Award, Buy Trend Intact

05/07/2021 17:48

09:48 PM EDT, 05/07/2021 (MT Newswires) -- Melody Birmingham, SVP & Chief Admin Officer, was awarded 1,010 Duke Energy (DUK) shares May 05, 2021 which had an approximate daily closing price value of $101,545. Birmingham, subsequent to the transactions outlined in the SEC Form 4 filing, has control over 5,321 company shares of which 4,319 shares are held directly and 1,002 shares are controlled indirectly. The market value of the direct and indirect holdings, based on the prior-day closing price, is approximately $534,973.

In the 90 days prior to the date of this filing, there have been 42 insider transactions reported to the SEC for Duke Energy. These transactions came from the activities of 9 individual insiders that resulted in a net acquisition of 130,541 company shares. Relative to the preceding 90-day window of time, there was 1 transaction from 1 insider that resulted in the disposition of 3,500 shares.

This is a lower level of transactions than the peer group average in the 76-company Electric Utilities peer group over the last 90-day period. Within the peer group activity averaged 115.4 transactions per company, with company insiders acquiring on average 19,688 shares.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1326160/000132616021000125/xslF345X03/wf-form4_162043840385128.xml

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.