An Insider At National Fuel Gas Co. (NFG) Raises Exposure By Over 10,000 Shares

National Fuel Gas Co. (NYSE:NFG), watched as a top tier insider altered her positioning with the company through a myriad of transactions that began earlier this week and were officially filed today, August 27th. President, Nfg Distribution Corporation Marie Anna Cellino purchased a total of 12,725 shares of common stock at average prices ranging from $29.88 to $75.67 per share. Following this move, Cellino now holds 175,461 shares directly, while having 29,031 shares indirectly invested in the company. A $6.32 billion market cap corporation, National Fuel Gas Co. (NYSE:NFG) is a holding company that operates in five segments: Utility segment, Pipeline and Storage segment, Exploration and Production segment, Energy Marketing segment and Gathering segment.
In addition, Billionaire Mario Gabelli is betting on the company this quarter. His hedge fund, Gamco Investors, decreased its holdings by 1% last quarter, and currently has about 3.74 million shares worth nearly $293 million.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.
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