Insider Selling: Just Energy Group Inc (JE) Insider Sells C$557,000.00 in Stock

Just Energy Group Inc (TSE:JE) (NYSE:JE) insider Ron Joyce sold 100,000 shares of the stock in a transaction on Wednesday, April 11th. The stock was sold at an average price of C$5.57, for a total transaction 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 opened at C$5.57 on Friday. Just Energy Group Inc has a 52-week low of C$4.84 and a 52-week high of C$8.62.

Just Energy Group (TSE:JE) (NYSE:JE) last issued its quarterly earnings results on Wednesday, February 7th. The company reported C$1.13 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of C$0.17 by C$0.96. The business had revenue of C$912.20 million during the quarter, compared to analyst estimates of C$987.50 million.

The business also recently announced a quarterly dividend, which was paid on Thursday, March 29th. Investors of record on Thursday, March 29th were paid a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 8.98%. The ex-dividend date was Wednesday, March 14th.

Several brokerages have recently issued reports on JE. National Bank Financial raised Just Energy Group from a “sector perform” rating to an “outperform” rating and raised 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. Canaccord Genuity raised Just Energy Group from a “hold” rating to a “buy” rating and set a C$6.25 price target on the stock in a research report on Thursday, February 8th. Finally, Royal Bank of Canada raised Just Energy Group from a “sector perform” rating to an “outperform” rating and lowered their price target for the company from C$7.50 to C$7.00 in a research report on Monday, December 18th. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target 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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