Peabody Energy Corporation (BTU): Karn Follows on Coley’s Steps

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Robert B. Karn III, Director at Peabody Energy Corporation (NYSE:BTU) disclosed today the acquisition of 9,000 shares of common stock at an average unit price of $10.3463 on October 24, 2014. This is Mr. Karn’s first purchase this year, and now indirectly owns a total of 27,541 shares and an additional 21,771 directly.

William A. Coley, Director at Peabody Energy Corporation (NYSE:BTU) has also been trading the stock this year. Mr. Coley acquired a total of 5,000 shares at a unit price of $10.46 earlier this month, and currently owns a total of 41,121 shares.

Mark Kingdon’s Kingdon Capital is the largest shareholding institution (amongst those we track) at Peabody Energy Corporation (NYSE:BTU) with a total of 5,000,000 shares, valued at an estimate $3.7 million, having reported no changes in its holding for the last filling period.

Peabody Energy Corporation (NYSE:BTU) is a private-sector coal company that owns interests in 28 active coal mining operations located in the United States and Australia.

Disclosure: The author, Jodor Jalit, holds no position in any stocks or funds mentioned.

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