Insider Selling: Sempra (NYSE:SRE) SVP Sells 2,755 Shares of Stock

Sempra (NYSE:SREGet Free Report) SVP Alexander Lisa Larroque sold 2,755 shares of Sempra stock in a transaction that occurred on Tuesday, February 11th. The stock was sold at an average price of $81.93, for a total transaction of $225,717.15. Following the completion of the transaction, the senior vice president now directly owns 13,905 shares in the company, valued at $1,139,236.65. This represents a 16.54 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Sempra Stock Up 1.4 %

SRE stock traded up $1.19 during mid-day trading on Tuesday, hitting $83.40. The stock had a trading volume of 3,019,462 shares, compared to its average volume of 4,497,280. Sempra has a 1-year low of $66.40 and a 1-year high of $95.77. The company has a fifty day moving average of $85.20 and a 200 day moving average of $84.58. The company has a current ratio of 0.52, a quick ratio of 0.47 and a debt-to-equity ratio of 0.89. The stock has a market capitalization of $52.82 billion, a price-to-earnings ratio of 18.37, a PEG ratio of 2.09 and a beta of 0.78.

Hedge Funds Weigh In On Sempra

A number of hedge funds have recently added to or reduced their stakes in the company. Lindbrook Capital LLC lifted its position in shares of Sempra by 5.4% in the fourth quarter. Lindbrook Capital LLC now owns 2,410 shares of the utilities provider’s stock worth $211,000 after buying an additional 124 shares during the last quarter. Pinnacle West Asset Management Inc. raised its stake in shares of Sempra by 5.1% in the 4th quarter. Pinnacle West Asset Management Inc. now owns 2,585 shares of the utilities provider’s stock valued at $227,000 after acquiring an additional 125 shares in the last quarter. Private Advisor Group LLC lifted its holdings in Sempra by 1.6% in the 3rd quarter. Private Advisor Group LLC now owns 8,742 shares of the utilities provider’s stock worth $731,000 after purchasing an additional 139 shares during the last quarter. Avantax Planning Partners Inc. grew its holdings in Sempra by 2.0% during the fourth quarter. Avantax Planning Partners Inc. now owns 7,423 shares of the utilities provider’s stock valued at $651,000 after purchasing an additional 147 shares during the last quarter. Finally, LVM Capital Management Ltd. MI grew its holdings in Sempra by 2.4% during the fourth quarter. LVM Capital Management Ltd. MI now owns 6,677 shares of the utilities provider’s stock valued at $586,000 after purchasing an additional 155 shares during the last quarter. Institutional investors and hedge funds own 89.65% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on SRE. Morgan Stanley raised Sempra from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $85.00 to $98.00 in a research report on Friday, December 13th. Evercore ISI upped their price target on shares of Sempra from $84.00 to $88.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. Barclays decreased their price objective on shares of Sempra from $99.00 to $95.00 and set an “overweight” rating for the company in a research note on Monday, January 27th. Wells Fargo & Company increased their target price on Sempra from $87.00 to $96.00 and gave the company an “overweight” rating in a report on Thursday, November 7th. Finally, BMO Capital Markets lifted their price target on Sempra from $93.00 to $96.00 and gave the company an “outperform” rating in a report on Monday, October 21st. One research analyst has rated the stock with a sell rating and ten have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $91.20.

Get Our Latest Stock Analysis on Sempra

Sempra Company Profile

(Get Free Report)

Sempra operates as an energy infrastructure company in the United States and internationally. It operates through three segments: Sempra California, Sempra Texas Utilities, and Sempra Infrastructure. The Sempra California segment provides electric services; and natural gas services to San Diego County.

Featured Stories

Insider Buying and Selling by Quarter for Sempra (NYSE:SRE)

Receive News & Ratings for Sempra Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sempra and related companies with MarketBeat.com's FREE daily email newsletter.