Tuesday, November 07, 2017 10:15 PM ET
Insider at Xcel Energy (XEL) Makes Significant Sale of Stock
There was a substantial sale of shares of Xcel Energy by an insider today, as indicated in a form 4 document filed with the SEC. One insider — Mark E Stoering, Officer — disposed of 20,187 shares in the company having a market value of approximately $1,002,392. There have been 2 insiders with buy/sell transactions in the past 90 days prior to this filing. These trades have resulted in the acquisition of 1,000 company shares and the disposition of 3,000 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 22,187 shares and have averaged 8,062 shares per transaction over this time period.
Over the last 90 days, the number of insider buy/sell trades at Xcel Energy is greater than its 69-company peer group average. The Electric Utilities peer group saw 82 buy/sell trades during this period for an average of 1.2 transactions per company. However, the number of shares traded per transaction by Xcel Energy insiders is lower than its peers. Within the peer group there were 251,014 shares purchased and 1,143,005 shares sold with company insiders disposing of 10,878 shares on average over this time period.
Significant insider buying and selling activity has been determined by eliminating all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers in data used in composing and writing this story.
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