Brazilian Electric Power Co (NYSE:AXIA – Get Free Report) Director De Lima Filho Pedro Batista sold 460,000 shares of the business’s stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $10.16, for a total value of $4,673,600.00. Following the completion of the transaction, the director directly owned 4,630,163 shares of the company’s stock, valued at approximately $47,042,456.08. The trade was a 9.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.
De Lima Filho Pedro Batista also recently made the following trade(s):
- On Monday, June 15th, De Lima Filho Pedro Batista sold 597,500 shares of Brazilian Electric Power stock. The stock was sold at an average price of $10.13, for a total value of $6,052,675.00.
- On Wednesday, June 10th, De Lima Filho Pedro Batista sold 30,200 shares of Brazilian Electric Power stock. The shares were sold at an average price of $9.59, for a total value of $289,618.00.
- On Wednesday, June 3rd, De Lima Filho Pedro Batista sold 400,000 shares of Brazilian Electric Power stock. The shares were sold at an average price of $9.90, for a total value of $3,960,000.00.
- On Wednesday, June 3rd, De Lima Filho Pedro Batista acquired 45,000 shares of Brazilian Electric Power stock. The stock was acquired at an average price of $10.60 per share, with a total value of $477,000.00.
- On Monday, June 1st, De Lima Filho Pedro Batista sold 555,300 shares of Brazilian Electric Power stock. The stock was sold at an average price of $9.88, for a total value of $5,486,364.00.
- On Friday, May 29th, De Lima Filho Pedro Batista sold 2,249,200 shares of Brazilian Electric Power stock. The stock was sold at an average price of $10.43, for a total transaction of $23,459,156.00.
- On Friday, May 29th, De Lima Filho Pedro Batista purchased 1,234,900 shares of Brazilian Electric Power stock. The stock was bought at an average cost of $10.78 per share, for a total transaction of $13,312,222.00.
- On Monday, May 25th, De Lima Filho Pedro Batista sold 234,300 shares of Brazilian Electric Power stock. The shares were sold at an average price of $10.46, for a total transaction of $2,450,778.00.
- On Friday, May 22nd, De Lima Filho Pedro Batista sold 714,500 shares of Brazilian Electric Power stock. The shares were sold at an average price of $10.40, for a total transaction of $7,430,800.00.
- On Wednesday, May 20th, De Lima Filho Pedro Batista sold 941,500 shares of Brazilian Electric Power stock. The stock was sold at an average price of $10.60, for a total transaction of $9,979,900.00.
Brazilian Electric Power Stock Down 0.7%
Shares of NYSE:AXIA opened at $10.40 on Thursday. Brazilian Electric Power Co has a 12 month low of $6.71 and a 12 month high of $13.54. The company has a current ratio of 2.11, a quick ratio of 2.11 and a debt-to-equity ratio of 0.52. The stock’s fifty day moving average is $11.22. The firm has a market capitalization of $23.42 billion, a price-to-earnings ratio of 57.81, a price-to-earnings-growth ratio of 1.51 and a beta of 0.46.
Institutional Trading of Brazilian Electric Power
Analyst Ratings Changes
A number of equities analysts have issued reports on the company. Weiss Ratings began coverage on Brazilian Electric Power in a report on Tuesday, April 7th. They set a “hold (c)” rating for the company. Wall Street Zen raised Brazilian Electric Power from a “hold” rating to a “buy” rating in a research report on Saturday, May 30th. One analyst has rated the stock with a Hold rating, According to MarketBeat, the stock currently has an average rating of “Hold”.
Check Out Our Latest Stock Analysis on AXIA
Brazilian Electric Power Company Profile
Centrais ElĂ©tricas Brasileiras SA – Eletrobras, through its subsidiaries, engages in the generation, transmission, and distribution of electricity in Brazil. The company generates electricity through hydroelectric, thermal, nuclear, wind, and solar plants. As of December 31, 2020, it owned and operated 31 hydroelectric plants with a total installed capacity of 50,648 megawatts; seven thermal plants, including coal, and oil and gas power generation units with a total installed capacity of 1,595 megawatts; and two nuclear power plants comprising Angra I with an installed capacity of 640 megawatts and Angra II with an installed capacity of 1,350 megawatts.
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