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Ex-Dividend Reminder: L Brands, MGE Energy and Brookfield Infrastructure Partners
Tuesday, May 29, 10:39 AM ET, by Market News Video Staff

On 5/31/18, L Brands, Inc (LB), MGE Energy Inc (MGEE), and Brookfield Infrastructure Partners LP ...

MGEE Dividend Yield Pushes Above 2%
Monday, July 9, 3:10 PM ET, by Market News Video Staff

In trading on Monday, shares of MGE Energy Inc (MGEE) were yielding above the 2% ...

Ex-Dividend Reminder: TerraForm Power, MGE Energy and Brookfield Infrastructure Partners
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On 8/30/18, TerraForm Power Inc (TERP), MGE Energy Inc (MGEE), and Brookfield Infrastructure Partners LP ...

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MGEE Dividend Yield Pushes Above 2%
Thursday, December 13, 3:09 PM ET, by Market News Video Staff

In trading on Thursday, shares of MGE Energy Inc (MGEE) were yielding above the 2% ...

MGEE Trading Below CEO's Recent Buy Price

By Energy Stock Channel Staff, Tuesday, April 2, 3:09 PM ET
Play Video: One Reason For Insiders to Buy


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There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on March 25, MGE Energy Inc's CEO, Jeffrey M. Keebler, invested $34,973.75 into 525 shares of MGEE, for a cost per share of $66.62. Bargain hunters tend to pay particular attention to insider buys like this one, because presumably the only reason an insider would take their hard-earned cash and use it to buy stock of their company in the open market, is that they expect to make money.

In trading on Tuesday, bargain hunters could buy shares of MGE Energy Inc (NASDAQ:MGEE) and achieve a cost basis even cheaper than Keebler, with shares changing hands as low as $66.57 per share. MGE Energy Inc shares are currently trading up about 0.6% on the day. The chart below shows the one year performance of MGEE shares, versus its 200 day moving average:

MGE Energy Inc Chart

Looking at the chart above, MGEE's low point in its 52 week range is $55.0699 per share, with $68.95 as the 52 week high point — that compares with a last trade of $67.85. By comparison, below is a table showing the prices at which MGEE insider buying was recorded over the last six months:

Purchased Insider Title Shares Price/Share Value
03/25/2019 Jeffrey M. Keebler Chairman, President and CEO 525 $66.62 $34,973.75

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