Today it was reported that the EVP & Pres. External Affairs of Southern Co (SO – Research Report), Christopher Womack, exercised options to sell 54,966 SO shares at $44.06 a share, for a total transaction value of $3.55M.
Following Christopher Womack’s last SO Sell transaction on June 06, 2019, the stock climbed by 10.3%. In addition to Christopher Womack, 2 other SO executives reported Sell trades in the last month.
Based on Southern Co’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $6 billion and quarterly net profit of $1.32 billion. In comparison, last year the company earned revenue of $5.38 billion and had a net profit of $282 million. The company has a one-year high of $64.92 and a one-year low of $46.07. SO’s market cap is $67.69B and the company has a P/E ratio of 14.84.
The insider sentiment on Southern Co has been negative according to 74 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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The Southern Co. is a holding company, which engages in the sale of electricity. It operates through the following segments: Traditional Electric Operating Companies, Southern Power and Southern Company Gas.