Brazilian Electric Power Co (NYSE:AXIA – Get Free Report) Director De Lima Filho Pedro Batista sold 234,300 shares of the firm’s stock in a transaction that occurred on Monday, May 25th. The shares were sold at an average price of $10.46, for a total value of $2,450,778.00. Following the completion of the sale, the director directly owned 524,546 shares of the company’s stock, valued at $5,486,751.16. This trade represents a 30.88% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.
De Lima Filho Pedro Batista also recently made the following trade(s):
- On Friday, May 22nd, De Lima Filho Pedro Batista sold 714,500 shares of Brazilian Electric Power stock. The stock was sold at an average price of $10.40, for a total value 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 value of $9,979,900.00.
- On Monday, May 18th, De Lima Filho Pedro Batista sold 751,200 shares of Brazilian Electric Power stock. The shares were sold at an average price of $10.51, for a total transaction of $7,895,112.00.
- On Monday, May 18th, De Lima Filho Pedro Batista purchased 49,600 shares of Brazilian Electric Power stock. The shares were acquired at an average price of $11.27 per share, with a total value of $558,992.00.
- On Friday, May 15th, De Lima Filho Pedro Batista sold 861,500 shares of Brazilian Electric Power stock. The stock was sold at an average price of $10.48, for a total transaction of $9,028,520.00.
- On Wednesday, May 13th, De Lima Filho Pedro Batista sold 666,300 shares of Brazilian Electric Power stock. The shares were sold at an average price of $10.74, for a total transaction of $7,156,062.00.
- On Monday, May 11th, De Lima Filho Pedro Batista sold 646,900 shares of Brazilian Electric Power stock. The shares were sold at an average price of $11.05, for a total transaction of $7,148,245.00.
- On Friday, May 8th, De Lima Filho Pedro Batista sold 3,938,700 shares of Brazilian Electric Power stock. The stock was sold at an average price of $11.86, for a total transaction of $46,712,982.00.
- On Friday, May 8th, De Lima Filho Pedro Batista bought 3,656,500 shares of Brazilian Electric Power stock. The stock was acquired at an average price of $11.90 per share, for a total transaction of $43,512,350.00.
- On Monday, April 20th, De Lima Filho Pedro Batista sold 1,397,982 shares of Brazilian Electric Power stock. The shares were sold at an average price of $12.54, for a total transaction of $17,530,694.28.
Brazilian Electric Power Trading Down 0.7%
AXIA stock opened at $10.34 on Friday. The stock has a market cap of $23.28 billion, a price-to-earnings ratio of 57.46, a P/E/G ratio of 1.50 and a beta of 0.52. The company has a debt-to-equity ratio of 0.52, a current ratio of 2.11 and a quick ratio of 2.11. Brazilian Electric Power Co has a 52-week low of $6.71 and a 52-week high of $13.54.
Analyst Upgrades and Downgrades
Read Our Latest Report on AXIA
Institutional Trading of Brazilian Electric Power
A number of institutional investors and hedge funds have recently modified their holdings of AXIA. Traveka Wealth LLC purchased a new position in Brazilian Electric Power in the first quarter worth $118,000. Bank of New York Mellon Corp purchased a new stake in shares of Brazilian Electric Power during the 1st quarter valued at $150,000. Sequoia Financial Advisors LLC raised its stake in shares of Brazilian Electric Power by 4.5% during the 1st quarter. Sequoia Financial Advisors LLC now owns 18,654 shares of the company’s stock worth $210,000 after purchasing an additional 802 shares during the period. Sanctuary Advisors LLC raised its stake in shares of Brazilian Electric Power by 28.2% during the 1st quarter. Sanctuary Advisors LLC now owns 21,953 shares of the company’s stock worth $248,000 after purchasing an additional 4,834 shares during the period. Finally, Walleye Capital LLC purchased a new position in shares of Brazilian Electric Power in the 1st quarter worth about $274,000. 2.64% of the stock is owned by hedge funds and other institutional investors.
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.
Featured Articles
- Five stocks we like better than Brazilian Electric Power
- Shares Fall, Targets Rise—Markets and Analysts Diverge on Synopsys
- Salesforce Stock Finds Support as AI Momentum Builds
- Dollar Tree Keeps Winning After Family Dollar Divorce
- Apple’s Agentic AI Plans Could Be Its Biggest Growth Story Yet
Receive News & Ratings for Brazilian Electric Power Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brazilian Electric Power and related companies with MarketBeat.com's FREE daily email newsletter.
