SR - Doyle Scott E. Takes a Bullish Stance: Acquires $199K In Spire Stock | Benzinga
On January 18, a substantial insider purchase was made by Doyle Scott E., EVP at Spire (NYSE:SR), as per the latest SEC filing.
What Happened: E. made a significant move by purchasing 3,420 shares of Spire as reported in a Form 4 filing with the U.S. Securities and Exchange Commission. The transaction's total worth stands at $199,762.
At Friday morning, Spire shares are down by 0.0%, trading at $58.2.
About Spire
Spire Inc is a public utility holding company with three reportable business segments: Gas Utility , Gas Marketing and Midstream. The Gas Utility segment includes the regulated operations of Laclede Gas, Alabama Gas Corporation (Alagasco), and EnergySouth Inc. The Utilities businesses operations include the purchase, retail, distribution, and sale of natural gas in Missouri, Alabama, and Mississippi. The Gas Utility segment generates a majority of the company's revenue but is subject to seasonal fluctuations. The Gas Marketing segment includes Laclede Energy Resources, Inc, whose operations include the marketing of natural gas and related activities on a non-regulated basis and the Midstream segment includes transportation and storage of natural gas.
Key Indicators: Spire's Financial Health
Revenue Growth: Spire's revenue growth over a period of 3 months has faced challenges. As of 30 September, ...