Friday, November 03, 2017 10:15 PM ET
Insider Selling at Nextera Energy (NEE) Continues with Significant Sale
There was a significant sale of shares of Nextera Energy by an insider today, as disclosed in a form 4 document filed with the SEC. One insider — James L Robo, Director and Officer — disposed of 30,000 shares in the company having a market value of approximately $4,545,566. There have been 2 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the disposition of 4,900 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 34,900 shares and have averaged 11,633 shares per transaction over this time period.
Over the last 90 days, the number of insider buy/sell trades at Nextera Energy is greater than its 16-company peer group average. The Renewable Utilities peer group saw 3 buy/sell trades during this period for an average of 0.2 transactions per company. However, the number of shares traded per transaction by Nextera Energy insiders is lower than its peers. Within the peer group there were 0 shares purchased and 629,900 shares sold with company insiders having sold 209,967 shares on average over this time period.
In determining significant insider buying and selling, trades reported to the SEC that involve awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers have been eliminated in data used to compose and write this story.
Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.
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