A Director at UGI Corp (NYSE: UGI) is Buying Shares

By Carrie Williams

Today, a Director at UGI Corp (UGIResearch Report), Frank Hermance, bought shares of UGI for $5.41M.

This recent transaction increases Frank Hermance’s holding in the company by 55.07% to a total of $15.3 million. Following Frank Hermance’s last UGI Buy transaction on March 06, 2013, the stock climbed by 33.5%.

See today’s analyst top recommended stocks >>

UGI’s market cap is $9.46B and the company has a P/E ratio of 24.89. Currently, UGI Corp has an average volume of 1.05M.

Based on 4 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $58.00, reflecting a 7.1% upside. Three different firms, including Merrill Lynch and Jefferies, currently also have a Buy rating on the stock.

In the last 30 days, insiders have sold $2.71M worth of UGI shares and purchased $5.41M worth of UGI shares.

Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

UGI Corp. operates as a holding company, which engages in the distribution, storage, transport, and marketing of energy products and related services. Through its subsidiaries, it operates through the following segments: AmeriGas Propane; UGI International; Midstream and Marketing; UGI Utilities; and Corporate & Other.