Nextera Energy Inc (NEE) Files Form 4 Insider Selling : Paul I Cutler Sells 4,903 Shares

Nextera Energy Inc (NEE): Paul I Cutler , Treasurer of Nextera Energy Inc sold 4,903 shares on May 24, 2016. The Insider selling transaction was reported by the company on May 25, 2016 to the Securities and Exchange Commission. The shares were sold at $120.00 per share for a total value of $588,360.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 20, 2016, James L Robo (director officer other (Chairman, President & CEO) sold 43,773 shares at $117.40 per share price.On Mar 22, 2016, Armando Jr Pimentel (other) sold 4,000 shares at $117.87 per share price.Also, On Mar 18, 2016, William L Yeager (EVP Eng, Const. & ISC) sold 5,318 shares at $116.84 per share price.On Mar 18, 2016, Miguel Arechabala (EVP, Power Generation Division) sold 4,000 shares at $116.85 per share price.

NextEra Energy Inc: On Friday, May 20, 2016 heightened volatility was witnessed in NextEra Energy Inc which led to swings in the share price. The shares opened for trading at $118.6 and hit $119.38 on the upside , eventually ending the session at $119.33, with a gain of 0.78% or 0.92 points. The heightened volatility saw the trading volume jump to 22,41,116 shares. The 52-week high of the share price is $121.51 and the company has a market cap of $55,064 M . The 52-week low of the share price is at $93.74.

NextEra Energy Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.NextEra Energy Inc is Downgraded by Macquarie to Neutral. Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Apr 5, 2016.NextEra Energy Inc is Reiterated by Argus to Buy and the brokerage firm has raised the Price Target to $ 128 from a previous price target of $118 .The Rating was issued on Mar 17, 2016.

NextEra Energy Inc. (NEE) is a holding company. The Company operates through its wholly owned subsidiaries Florida Power & Light Company (FPL) and NextEra Energy Resources LLC (NEER). It is an electric power company in North America with electric generating facilities located in 27 states in the United States and four provinces in Canada. Its segments are FPL and NEER. FPL is an electric utility engaged primarily in the generation transmission distribution and sale of electric energy in Florida. NEER owns develops constructs manages and operates electric generating facilities in wholesale energy markets primarily in the United States as well as in Canada and Spain. Corporate and Other segment represents other business activities primarily NextEra Energy Transmission LLC (NEET) and FPL FiberNet. NEET operates through Lone Star Transmission LLC a transmission service provider in Texas and New Hampshire Transmission LLC a transmission owner in ISO New England.

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