Insider Trading Alert: MGE Energy Inc. $MGEE

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MGE Energy Inc. (MGEE) insider have most recently took part in a trading activity. On Jun 6, 2017 Renlund Cari Anne, VP and General Counsel bought 15 shares having total worth of $992 at the price of $66.12 per share, following the transaction a total of 15 shares owned by Renlund Cari Anne.

Furthermore, over the past 12 months , the stock was traded 1 times by insiders. an employee of the company was the buyer in 1 instances.

Shares of MGE Energy Inc. (MGEE) traded down 0.53% on Jun 6, 2017, hitting $66.1. 53,411 shares of the company’s stock traded hands. MGE Energy Inc. has a 52 week low of $45.34 and a 52 week high of $67.2. The company’s market cap is $2,000 million.

MGE Energy Inc. (MGEE) last announced its earnings results on Feb 24, 2017. The company reported 0.42 earnings per share (EPS) for the quarter. The company had revenue of $139 million for the quarter During the same quarter in the previous year, the company posted 0.32 earnings per share. The company’s revenue for the quarter was up 6% on a year-over-year basis.

2017-02-24 2016-02-25 2015-11-05 2015-08-06 2015-02-26 2014-11-06 2014-08-06 2014-05-08 2014-02-27 2013-11-07
earnings per share 0.42 0.32 0.82 0.39 0.44 0.67 0.41 0.80 0.41 1.05
Revenue(M) 138.93 130.97 140.8 122.13 0 135.1 128.77 210.25 0 0

MGE Energy, Inc. was organized as a Wisconsin corporation in 2001. MGE was organized as a Wisconsin corporation in 1896. The Company has several business segments which include regulated electric utility operations; regulated gas utility operations; non regulated energy operations; Transmission investments; and all other. Regulated electric utility operations segment is engaged in generating, purchasing, and distributing electricity through MGE. Regulated gas utility operations segment is engaged in purchasing and distributing natural gas through MGE. Non regulated energy operations segment is engaged in constructing, owning, and leasing electric generating capacity that assists MGE through MGE Energy’s wholly owned subsidiaries MGE Power Elm Road and MGE Power West Campus. Transmission investments segment is engaged in representing its investment in American Transmission Company LLC, a company engaged in the business of providing electric transmission services primarily in Wisconsin. All other segment is engaged in investing in companies and property that relate to the regulated operations and financing the regulated operations, through its wholly owned subsidiaries MAGAEL and CWDC, and Corporate functions. MGE distributes electricity in a service area covering a 316 square-mile area of Dane County, Wisconsin. The service area includes the city of Madison, Wisconsin. It owns or leases ownership interests in electric generation facilities located in Wisconsin and Iowa. MGE is subject to frequently changing local, state, and federal regulations concerning air quality, water quality, land use, threatened and endangered species, hazardous materials handling, and solid waste disposal.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.