On February 23, 2024, Brandon Hofmeister, Senior Vice President, sold 3,500 shares of CMS Energy Corp (CMS, Financial) as reported in a recent SEC Filing. Over the past year, the insider has sold a total of 8,667 shares and has not made any purchases of the stock.
CMS Energy Corp is an energy company operating primarily in Michigan. It is engaged in independent power production and owns power generation facilities fueled by natural gas and renewable sources. The company's subsidiaries include Consumers Energy Company and CMS Enterprises Company.
The insider transaction history for CMS Energy Corp shows a pattern of selling activity, with 8 insider sells and no insider buys over the past year.
On the date of the insider's recent sale, shares of CMS Energy Corp were trading at $57.78, giving the company a market capitalization of $16,721.454 billion.
The stock's price-earnings ratio stands at 18.94, which is above the industry median of 14.56 but below the company's historical median price-earnings ratio.
According to the GuruFocus Value chart, with a share price of $57.78 and a GF Value of $64.28, CMS Energy Corp's price-to-GF-Value ratio is 0.9, indicating that the stock is considered Modestly Undervalued.
The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor related to the company's past performance, and future business performance estimates provided by Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
