Large Inflow of Money Witnessed in WEC Energy Group

WEC Energy Group (NYSE:WEC) : Wednesdays money flow data in WEC Energy Group (NYSE:WEC) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $3.78 million, whereas, $3.57 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.06, in favor of the bulls. The total money flow into the stock was $0.21 million clearly indicating that the smart money has been buying into the stock on weakness.

In comparison, the money flow in block deals was $0.83 million. The total value of block trades done on upticks was $0.83 million. WEC Energy Group (NYSE:WEC) fell $0.11 and traded at $64.21, down -0.17% for the day, over previous days close. On a weekly basis, the shares are 1.41% over the previous weeks close.


In an insider trading activity, Klappa Gale E, director of Wec Energy Group, Inc., unloaded 22,000 shares at an average price of $61.53 on June 3, 2016. The total amount of the transaction was worth $1,353,660, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing. Currently the company Insiders own 0.81% of WEC Energy Group shares according to the proxy statements. Institutional Investors own 70.09% of WEC Energy Group shares. During last six month period, the net percent change held by insiders has seen a change of -10.14%.

The company shares have rallied 40.04% from its 1 Year high price. On Jun 27, 2016, the shares registered one year high at $64.63 and the one year low was seen on Jul 1, 2015. The 50-Day Moving Average price is $61.09 and the 200 Day Moving Average price is recorded at $57.35. WEC Energy Group (NYSE:WEC): The stock opened at $64.63 on Wednesday but the bulls could not build on the opening and the stock topped out at $64.81 for the day. The stock traded down to $63.79 during the day, due to lack of any buying support eventually closed down at $64.16 with a loss of -0.25% for the day. The stock had closed at $64.32 on the previous day. The total traded volume was 2,644,462 shares.

WEC Energy Group,Inc., formerly Wisconsin Energy Corporation is a holding company. The Company operates through two segments: utility energy segment and non-utility energy segment. Its utility energy segment consists of Wisconsin Electric and Wisconsin Gas, operating together under the trade name of We Energies. Its non-utility energy segment consists of We Power, which owns and leases to Wisconsin Electric generation plants constructed as part of its Power the Future (PTF) strategy. Its other non-utility operations consist of the operations of its subsidiaries, Wispark LLC and Bostco LLC. Its principal utilities include Wisconsin Public Service, Peoples Gas, North Shore Gas, Michigan Gas Utilities and Minnesota Energy Resources, among others. Its primary subsidiaries are Wisconsin Electric Power Company (Wisconsin Electric), Wisconsin Gas LLC (Wisconsin Gas), W.E. Power, LLC (We Power), Integrys Energy Group, Inc. and Integrys Holding, Inc., among others.

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