The President of Canadian Natural (NYSE: CNQ) is Selling Shares

By Carrie Williams

Today, the President of Canadian Natural (CNQResearch Report), Stephen W Laut, sold shares of CNQ for $334.4K.

In addition to Stephen W Laut, 4 other CNQ executives reported Sell trades in the last month. Over the last month, Stephen W Laut has reported another 3 Sell trades on CNQ for a total of $511.1K.

See today’s analyst top recommended stocks >>

The company has a one-year high of $32.25 and a one-year low of $6.71. CNQ’s market cap is $29.25 billion and the company has a P/E ratio of -105.20. Currently, Canadian Natural has an average volume of 10.98M.

Based on 14 analyst ratings, the analyst consensus is Strong Buy with an average price target of $28.91, reflecting a -11.2% downside.

In the last 30 days, insiders have sold $1.46M worth of CNQ shares and purchased $108.9K worth of CNQ shares. The insider sentiment on Canadian Natural has been negative according to 128 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Company insider trades’ information is brought to you by the DailyInsider, a proprietary algorithm that analyzes insider trading activity to detect the most attractive trading opportunities. 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.

Canadian Natural Resources Ltd. is a senior oil and natural gas production company. It engages in the exploration, development, marketing, and production of crude oil and natural gas. The company was founded on November 7, 1973 and is headquartered in Calgary, Canada.