Nextera Energy Inc (NEE) Files Form 4 Insider Selling : Paul I Cutler Sells 4,796 Shares

Nextera Energy Inc (NEE): Paul I Cutler , Treasurer of Nextera Energy Inc sold 4,796 shares on Jun 30, 2016. The Insider selling transaction was reported by the company on Jul 1, 2016 to the Securities and Exchange Commission. The shares were sold at $130.00 per share for a total value of $623,480.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 16, 2016, Joseph T Kelliher (EVP, Federal Reg. Affairs) sold 11,697 shares at $124.31 per share price.On Jun 14, 2016, Eric E Silagy (other) sold 5,000 shares at $123.77 per share price.Also, On May 25, 2016, Paul I Cutler (Treasurer) sold 4,903 shares at $120.00 per share price.On May 20, 2016, James L Robo (director officer other (Chairman, President & CEO) sold 43,773 shares at $117.40 per share price.

Shares of NextEra Energy Inc (NEE) ended Wednesday, Jun 29, 2016 session in red amid volatile trading. The shares closed down -0.71 points or -0.55% at $127.75 with 24,13,784 shares getting traded. Post opening the session at $128.84, the shares hit an intraday low of $127.29 and an intraday high of $129.285 and the price vacillated in this range throughout the day. The company has a market cap of $58,950 M and the number of outstanding shares has been calculated to be 46,14,45,950 shares. The 52-week high of NextEra Energy Inc is $129.285 and the 52-week low is $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. (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.

Leave a Reply

NextEra Energy Inc - Is it time to Sell?

Top Brokerage Firms are advising their investors on NextEra Energy Inc. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.