D - Dominion Energy Director Makes $285K Stock Purchase | Benzinga
Allen Vanessa Sutherland, Director at Dominion Energy (NYSE:D), disclosed an insider purchase on May 8, based on a new SEC filing.
What Happened: Sutherland made a significant move by purchasing 5,544 shares of Dominion Energy as reported in a Form 4 filing with the U.S. Securities and Exchange Commission. The transaction's total worth stands at $285,017.
Dominion Energy's shares are actively trading at $52.77, experiencing a up of 1.19% during Thursday's morning session.
Delving into Dominion Energy's Background
Based in Richmond, Virginia, Dominion Energy is an integrated energy company with over 30 gigawatts of electric generation capacity and more than 90,000 miles of electric transmission and distribution lines. Dominion is constructing a rate-regulated 5.2 GW wind farm off the Virginia Beach coast.
Unraveling the Financial Story of Dominion Energy
Revenue Challenges: Dominion Energy's revenue growth over 3 months faced difficulties. As of 31 March, 2024, the company experienced a decline of approximately -6.46%. This indicates a decrease in top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Utilities sector.
Profitability Metrics:
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Gross Margin: ...