NextEra Energy (NEE) has risen sharply, recording gains of 1.98% in the past 4 weeks. However, the stock has corrected -1.81% in the past 1 week, providing a good buying opportunity on dips. NextEra Energy (NEE) : During the past 4 weeks, traders have been relatively bearish on NextEra Energy (NEE), hence the stock is down -2.29% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -3.25% relative to the S&P 500. The stock has recorded a 20-day Moving Average of 0.2% and the 50-Day Moving Average is 3.71%.
NextEra Energy (NYSE:NEE): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $127.54 and $127.09 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $128.29. The buying momentum continued till the end and the stock did not give up its gains. It closed at $127.58, notching a gain of 0.27% for the day. The total traded volume was 1,349,005 . The stock had closed at $127.24 on the previous day.
The company Insiders own 0.66% of NextEra Energy shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -15.8% . Institutional Investors own 76.31% of NextEra Energy shares. During last six month period, the net percent change held by insiders has seen a change of -13.87%. In a related news,The officer (EVP, Federal Reg. Affairs) of Nextera Energy Inc, Kelliher Joseph T sold 11,697 shares at $124.31 on June 15, 2016. The Insider selling transaction had a total value worth of $1,454,054. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
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.