Brazilian Electric Power Co (NYSE:AXIA – Get Free Report) Director De Lima Filho Pedro Batista sold 33,200 shares of the stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $9.71, for a total transaction of $322,372.00. Following the completion of the transaction, the director owned 364,685 shares in the company, valued at $3,541,091.35. This trade represents a 8.34% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
De Lima Filho Pedro Batista also recently made the following trade(s):
- On Monday, August 17th, De Lima Filho Pedro Batista acquired 12,800 shares of Brazilian Electric Power stock. The stock was bought at an average cost of $9.70 per share, for a total transaction of $124,160.00.
- On Wednesday, August 12th, De Lima Filho Pedro Batista sold 45,000 shares of Brazilian Electric Power stock. The shares were sold at an average price of $9.63, for a total transaction of $433,350.00.
- On Friday, August 7th, De Lima Filho Pedro Batista sold 136,200 shares of Brazilian Electric Power stock. The shares were sold at an average price of $10.27, for a total transaction of $1,398,774.00.
- On Friday, August 7th, De Lima Filho Pedro Batista purchased 85,200 shares of Brazilian Electric Power stock. The shares were purchased at an average cost of $10.25 per share, with a total value of $873,300.00.
- On Wednesday, July 8th, De Lima Filho Pedro Batista sold 293,200 shares of Brazilian Electric Power stock. The shares were sold at an average price of $10.04, for a total transaction of $2,943,728.00.
- On Friday, July 3rd, De Lima Filho Pedro Batista sold 255,800 shares of Brazilian Electric Power stock. The stock was sold at an average price of $10.38, for a total transaction of $2,655,204.00.
- On Wednesday, July 1st, De Lima Filho Pedro Batista sold 800,000 shares of Brazilian Electric Power stock. The stock was sold at an average price of $10.24, for a total value of $8,192,000.00.
- On Wednesday, July 1st, De Lima Filho Pedro Batista acquired 362,600 shares of Brazilian Electric Power stock. The shares were bought at an average price of $10.26 per share, with a total value of $3,720,276.00.
- On Monday, June 29th, De Lima Filho Pedro Batista sold 478,900 shares of Brazilian Electric Power stock. The shares were sold at an average price of $10.55, for a total transaction of $5,052,395.00.
- On Wednesday, June 17th, De Lima Filho Pedro Batista sold 460,000 shares of Brazilian Electric Power stock. The stock was sold at an average price of $10.16, for a total value of $4,673,600.00.
Brazilian Electric Power Price Performance
Brazilian Electric Power stock remained flat at $10.22 during mid-day trading on Wednesday. Brazilian Electric Power Co has a fifty-two week low of $7.55 and a fifty-two week high of $13.54. The business has a fifty day moving average of $10.27. The firm has a market cap of $28.94 billion, a P/E ratio of 56.78, a P/E/G ratio of 3.07 and a beta of 0.47. The company has a quick ratio of 2.11, a current ratio of 2.11 and a debt-to-equity ratio of 0.52.
Institutional Inflows and Outflows
Wall Street Analysts Forecast Growth
A number of analysts recently commented on AXIA shares. Wall Street Zen cut shares of Brazilian Electric Power from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 18th. Weiss Ratings restated a “hold (c)” rating on shares of Brazilian Electric Power in a research report on Monday, July 6th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Brazilian Electric Power presently has an average rating of “Hold”.
Check Out Our Latest Analysis on Brazilian Electric Power
Brazilian Electric Power Company Profile
Centrais Elétricas 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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