medium
Sell
15,000 shares
$580,136
Significance
4/10
UGI subsidiary president sold 15,000 shares at $38.68; holds 33,492 shares post-sale
Joseph L. Hartz, President of a UGI subsidiary, sold 15,000 shares for $580,135.50, reducing his stake by 30.9% to 33,492 shares. The sale occurred at $38.68, below the current price of $39.55 and near the 52-week high of $39.55, during a period when the stock has rallied 19.1% over 30 days and 14.2% over 90 days. UGI is currently unprofitable with net income of $-163,000,000.00 for the latest quarter, despite modest annual revenue growth of 1.1%, creating a backdrop where insider sales merit attention. The substantial reduction in a subsidiary president's holdings warrants monitoring alongside the company's ongoing operational losses.