Entergy Corporation (NYSE:ETR) insider Haley Fisackerly sold 3,934 shares of the business’s stock in a transaction that occurred on Monday, October 16th. The stock was sold at an average price of $82.49, for a total value of $324,515.66. Following the sale, the insider now owns 4,367 shares of the company’s stock, valued at approximately $360,233.83. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Haley Fisackerly also recently made the following trade(s):
- On Tuesday, August 8th, Haley Fisackerly sold 500 shares of Entergy Corporation stock. The shares were sold at an average price of $77.17, for a total value of $38,585.00.
Entergy Corporation (NYSE ETR) opened at 86.18 on Friday. The firm’s market cap is $15.47 billion. Entergy Corporation has a one year low of $66.71 and a one year high of $87.00. The company’s 50-day moving average price is $79.98 and its 200-day moving average price is $78.02.
Entergy Corporation (NYSE:ETR) last issued its earnings results on Tuesday, October 24th. The utilities provider reported $2.35 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $2.24 by $0.11. The business had revenue of $3.24 billion for the quarter, compared to analysts’ expectations of $3.13 billion. Entergy Corporation had a positive return on equity of 14.76% and a negative net margin of 7.82%. During the same period in the previous year, the firm posted $2.31 EPS. On average, analysts anticipate that Entergy Corporation will post $6.88 EPS for the current year.
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A number of equities research analysts have weighed in on ETR shares. Morgan Stanley boosted their price objective on Entergy Corporation from $82.00 to $84.00 and gave the company an “underweight” rating in a research note on Friday, September 8th. Jefferies Group LLC reiterated a “hold” rating and issued a $78.00 price objective on shares of Entergy Corporation in a research note on Thursday, July 6th. BidaskClub cut Entergy Corporation from a “hold” rating to a “sell” rating in a research note on Saturday, July 8th. Citigroup Inc. upgraded Entergy Corporation from a “neutral” rating to a “buy” rating and set a $91.00 price objective for the company in a research note on Friday, October 13th. Finally, J P Morgan Chase & Co boosted their target price on Entergy Corporation from $83.00 to $84.00 and gave the company a “neutral” rating in a report on Thursday, October 12th. Nine equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $81.83.
Several hedge funds and other institutional investors have recently modified their holdings of ETR. Benjamin F. Edwards & Company Inc. grew its holdings in shares of Entergy Corporation by 46.1% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 1,300 shares of the utilities provider’s stock worth $100,000 after acquiring an additional 410 shares during the last quarter. V Wealth Management LLC acquired a new position in shares of Entergy Corporation in the 2nd quarter worth $106,000. Advisory Services Network LLC grew its holdings in shares of Entergy Corporation by 2.1% in the 2nd quarter. Advisory Services Network LLC now owns 2,335 shares of the utilities provider’s stock worth $179,000 after acquiring an additional 49 shares during the last quarter. Parallel Advisors LLC grew its holdings in shares of Entergy Corporation by 291.6% in the 1st quarter. Parallel Advisors LLC now owns 2,377 shares of the utilities provider’s stock worth $182,000 after acquiring an additional 1,770 shares during the last quarter. Finally, BlueMountain Capital Management LLC acquired a new position in shares of Entergy Corporation in the 2nd quarter worth $204,000. Institutional investors and hedge funds own 84.73% of the company’s stock.
About Entergy Corporation
Entergy Corporation is a holding company. The Company is an integrated energy company engaged in electric power production and retail electric distribution operations. The Company operates through two business segments: Utility and Entergy Wholesale Commodities. The Utility segment includes the generation, transmission, distribution and sale of electric power to retail and wholesale customers in areas of Arkansas, Mississippi, Texas and Louisiana, including the City of New Orleans and operates a natural gas distribution business.
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