Oppenheimer Asset Management Inc. Sells 19,663 Shares of Sempra Energy $SRE

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Oppenheimer Asset Management Inc. significantly reduced its stake in Sempra Energy by selling 19,663 shares in Q4, bringing its total holdings to 204,104 shares valued at approximately $18 million. This comes as Sempra Energy reported stronger-than-expected EPS but slightly missed revenue estimates, with the stock trading near $95 and a P/E of 34.45. The company also announced an increase in its quarterly dividend to $0.6575, and while insiders were net sellers overall, there was a notable director purchase offsetting a CAO sale.

SRE-2.51%
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