Insider Selling: Just Energy Group Inc (JE) Insider Sells 250,500 Shares of Stock

Just Energy Group Inc (TSE:JE) (NYSE:JE) insider Ron Joyce sold 250,500 shares of the firm’s stock in a transaction on Thursday, April 5th. The shares were sold at an average price of C$5.75, for a total transaction of C$1,440,375.00.

Ron Joyce also recently made the following trade(s):

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  • On Tuesday, April 3rd, Ron Joyce sold 86,877 shares of Just Energy Group stock. The shares were sold at an average price of C$5.70, for a total transaction of C$495,198.90.
  • On Wednesday, March 28th, Ron Joyce sold 232,900 shares of Just Energy Group stock. The shares were sold at an average price of C$5.64, for a total transaction of C$1,313,556.00.
  • On Monday, March 26th, Ron Joyce sold 174,900 shares of Just Energy Group stock. The shares were sold at an average price of C$5.63, for a total transaction of C$984,687.00.
  • On Friday, March 23rd, Ron Joyce sold 167,100 shares of Just Energy Group stock. The shares were sold at an average price of C$5.70, for a total transaction of C$952,470.00.

JE opened at C$5.74 on Friday. Just Energy Group Inc has a 52-week low of C$4.84 and a 52-week high of C$8.62.

Just Energy Group (TSE:JE) (NYSE:JE) last posted its quarterly earnings data on Wednesday, February 7th. The company reported C$1.13 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of C$0.17 by C$0.96. The company had revenue of C$912.20 million for the quarter, compared to analysts’ expectations of C$987.50 million.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 29th. Shareholders of record on Thursday, March 29th were issued a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 8.71%. The ex-dividend date was Wednesday, March 14th.

Several analysts recently commented on JE shares. Royal Bank of Canada upgraded shares of Just Energy Group from a “sector perform” rating to an “outperform” rating and dropped their price target for the company from C$7.50 to C$7.00 in a research report on Monday, December 18th. CIBC upgraded shares of Just Energy Group from a “neutral” rating to an “outperform” rating and dropped their price target for the company from C$7.50 to C$6.50 in a research report on Thursday, February 8th. Canaccord Genuity upgraded shares of Just Energy Group from a “hold” rating to a “buy” rating and set a C$6.25 price target on the stock in a research report on Thursday, February 8th. Finally, National Bank Financial upgraded shares of Just Energy Group from a “sector perform” rating to an “outperform” rating and raised their price target for the company from C$6.00 to C$6.25 in a research report on Thursday, February 8th. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. Just Energy Group has a consensus rating of “Buy” and a consensus target price of C$6.50.

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About Just Energy Group

Just Energy Group Inc (Just Energy) is an energy management solutions provider engaged in electricity, natural gas, solar and green energy. The Company’s segments include Consumer Energy and Commercial Energy. The Company operates in the United States, Canada and the United Kingdom, offering a range of energy products, including long-term fixed-price, variable rate and flat bill programs; home energy management services, including smart thermostats and tools to manage energy use at the appliance level, and residential solar panel installations.

Insider Buying and Selling by Quarter for Just Energy Group (TSE:JE)

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