Insider Selling: Just Energy Group Inc (TSE:JE) Insider Sells 100,000 Shares of Stock

Just Energy Group Inc (TSE:JE) (NYSE:JE) insider Ron Joyce sold 100,000 shares of the company’s stock in a transaction dated Wednesday, April 11th. The stock was sold at an average price of C$5.57, for a total value of C$557,000.00.

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

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  • On Monday, April 9th, Ron Joyce sold 300 shares of Just Energy Group stock. The shares were sold at an average price of C$5.75, for a total value of C$1,725.00.
  • On Thursday, April 5th, Ron Joyce sold 250,500 shares of Just Energy Group stock. The shares were sold at an average price of C$5.75, for a total value of C$1,440,375.00.
  • 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 value 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 value 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 value 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 value of C$952,470.00.

Shares of TSE:JE remained flat at $C$5.53 during trading on Thursday. The stock had a trading volume of 225,370 shares, compared to its average volume of 434,845. Just Energy Group Inc has a 12-month low of C$4.84 and a 12-month high of C$8.62.

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

The business also recently declared a quarterly dividend, which was paid on Thursday, March 29th. Investors of record on Thursday, March 29th were paid a $0.125 dividend. The ex-dividend date was Wednesday, March 14th. This represents a $0.50 annualized dividend and a dividend yield of 9.04%.

A number of research analysts have commented on JE shares. National Bank Financial raised Just Energy Group from a “sector perform” rating to an “outperform” rating and upped their price target for the company from C$6.00 to C$6.25 in a research report on Thursday, February 8th. CIBC raised Just Energy Group from a “neutral” rating to an “outperform” rating and lowered their price target for the company from C$7.50 to C$6.50 in a research report on Thursday, February 8th. Finally, Canaccord Genuity raised Just Energy Group from a “hold” rating to a “buy” rating and set a C$6.25 price target for the company in a research report on Thursday, February 8th. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average 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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