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Siemens Energy Announces Share Sale by Managing Body Member

Story Highlights
  • Siemens Energy operates in the energy sector, offering products and services for energy generation and transmission.
  • Maria Ferraro sold 21,007 Siemens Energy shares to cover tax obligations, linked to share option programs.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Siemens Energy Announces Share Sale by Managing Body Member

TipRanks Black Friday Sale

Siemens Energy ( (DE:ENR) ) has provided an update.

Siemens Energy AG announced a transaction involving the sale of 21,007 shares by Maria Ferraro, a member of the managing body, as part of a program to cover tax and contribution obligations. This transaction, linked to the exercise of share option programs, was conducted outside a trading venue, reflecting the company’s ongoing efforts to manage its share-based compensation schemes effectively.

The most recent analyst rating on (DE:ENR) stock is a Hold with a EUR77.00 price target. To see the full list of analyst forecasts on Siemens Energy stock, see the DE:ENR Stock Forecast page.

More about Siemens Energy

Siemens Energy AG operates in the energy sector, focusing on providing solutions for the generation, transmission, and storage of electrical energy. The company is known for its comprehensive portfolio of products and services that cater to the energy needs of various markets globally.

Average Trading Volume: 2,245,096

Technical Sentiment Signal: Buy

Current Market Cap: €97.33B

Learn more about ENR stock on TipRanks’ Stock Analysis page.

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