CONSOL Energy Inc. (NYSE:CEIX) CEO Sells $169,235.00 in Stock

CONSOL Energy Inc. (NYSE:CEIX) CEO James A. Brock sold 1,700 shares of the company’s stock in a transaction dated Thursday, June 27th. The stock was sold at an average price of $99.55, for a total value of $169,235.00. Following the transaction, the chief executive officer now directly owns 529,487 shares of the company’s stock, valued at $52,710,430.85. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

CONSOL Energy Stock Down 0.4 %

Shares of NYSE CEIX opened at $102.80 on Thursday. The stock has a market cap of $3.02 billion, a PE ratio of 6.23 and a beta of 1.77. The company has a quick ratio of 1.21, a current ratio of 1.47 and a debt-to-equity ratio of 0.13. CONSOL Energy Inc. has a 52-week low of $61.72 and a 52-week high of $114.30. The business has a 50-day moving average price of $94.54 and a 200 day moving average price of $91.24.

CONSOL Energy (NYSE:CEIX) last announced its earnings results on Tuesday, May 7th. The company reported $3.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.19 by $1.20. The firm had revenue of $565.00 million during the quarter, compared to analysts’ expectations of $516.85 million. CONSOL Energy had a return on equity of 39.24% and a net margin of 21.57%. The business’s revenue was down 17.9% on a year-over-year basis. During the same period in the prior year, the firm earned $6.55 EPS. Equities research analysts forecast that CONSOL Energy Inc. will post 11.58 earnings per share for the current year.

Institutional Trading of CONSOL Energy

A number of large investors have recently made changes to their positions in CEIX. PNC Financial Services Group Inc. boosted its position in shares of CONSOL Energy by 17.6% in the 3rd quarter. PNC Financial Services Group Inc. now owns 2,876 shares of the company’s stock valued at $302,000 after purchasing an additional 431 shares during the period. Envestnet Asset Management Inc. lifted its position in CONSOL Energy by 15.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 67,703 shares of the company’s stock worth $7,103,000 after acquiring an additional 9,051 shares during the period. Tower Research Capital LLC TRC lifted its position in CONSOL Energy by 23.7% during the 3rd quarter. Tower Research Capital LLC TRC now owns 3,042 shares of the company’s stock worth $319,000 after acquiring an additional 582 shares during the period. Schonfeld Strategic Advisors LLC acquired a new stake in CONSOL Energy during the 3rd quarter worth approximately $1,937,000. Finally, Alps Advisors Inc. acquired a new stake in CONSOL Energy during the 3rd quarter worth approximately $380,000. 86.54% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, B. Riley lowered their price objective on CONSOL Energy from $100.00 to $98.00 and set a “buy” rating for the company in a research report on Wednesday, April 10th.

About CONSOL Energy

CONSOL Energy Inc, together with its subsidiaries, produces and sells bituminous coal in the United States and internationally. It operates through two segments, Pennsylvania Mining Complex (PAMC) and CONSOL Marine Terminal. The company's PAMC segment engages in the mining, preparing, and marketing of bituminous coal to power generators, industrial end-users, and metallurgical end-users.