Insider Purchase and Sale at Southwestern Energy Company (SWN): Director Vello Kuuskraa, Director Harold Korell and Officer Gregory Kerley


Director Vello Kuuskraa at Southwestern Energy Company (NYSE:SWN) purchased 6,000 shares of common stock, at a price of $27.18 per share, exempted pursuant to Rule 16b-3. Moreover, Mr. Kuuskraa sold 3,574 shares, at an average Price of $46.15 per share. Mr. Kuuskraa’s acquisition has been the only insider acquisition registered during 2014 at this $ 16.11 billion Market Cap independent energy company. Moreover, other two insiders at the company have made important sales this last quarter. Director D Gregory Kerley and officer M Harold Korell sold respectively 50,000 shares of common stock, at an average weighted Price of $46.41, and 21,415 shares of common stock, at an average weighted Price of $46.63 per share.

Ken Griffin’s Citadel Investment Group increased its stake by 294% over the last reported quarter. The fund currently holds more than 5.4 million shares, worth over $252 million, and represents 0.34% of the fund’s Equity Portfolio. Dmitry Balyasny’s Balyasny Asset Management has started investing at Southwestern Energy Company (NYSE:SWN) and owns now more than 2 million shares, valued at $97 million, accounting for 1.1% of its Equity Portfolio.

Disclosure: None.

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