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New Jersey Resources Corp (NJR) Chairman & CEO Laurence M Downes Sold $990,000 of Shares

Chairman & CEO of New Jersey Resources Corp (30-Year Financial, Insider Trades) Laurence M Downes (insider trades) sold 22,000 shares of NJR on 08/13/2019 at an average price of $45 a share. The total sale was $990,000.

New Jersey Resources Corp is a utilities service provider. The company mainly provides other retail and wholesale energy services. New Jersey Resources Corp has a market cap of $3.99 billion; its shares were traded at around $44.35 with a P/E ratio of 29.18 and P/S ratio of 1.43. The dividend yield of New Jersey Resources Corp stocks is 2.66%. New Jersey Resources Corp had annual average EBITDA growth of 6.70% over the past ten years. GuruFocus has detected 2 severe warning signs with New Jersey Resources Corp. .

CEO Recent Trades:

  • Chairman & CEO Laurence M Downes sold 22,000 shares of NJR stock on 08/13/2019 at the average price of $45. The price of the stock has decreased by 1.44% since.

For the complete insider trading history of NJR, click here

.This article first appeared on GuruFocus.