Duke Energy Corp (NYSE:DUK) was downgraded by research analysts at Argus from a “buy” rating to a “hold” rating in a research note issued to investors on Wednesday, The Fly reports.
In other Duke Energy Corp news, CEO Lynn J. Good sold 13,333 shares of the firm’s stock in a transaction dated Friday, February 26th. The shares were sold at an average price of $74.07, for a total transaction of $987,575.31. Following the completion of the transaction, the chief executive officer now directly owns 178,451 shares in the company, valued at approximately $13,217,865.57. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Julia S. Janson sold 2,959 shares of the firm’s stock in a transaction dated Friday, February 26th. The shares were sold at an average price of $74.07, for a total transaction of $219,173.13. Following the transaction, the executive vice president now owns 36,107 shares of the company’s stock, valued at $2,674,445.49. The disclosure for this sale can be found here.
Source: South Florida Hedge Fund Managers