NextEra Energy (NYSE:NEE) CEO John Ketchum sold 99,603 shares of the company’s stock for over $8.8 million, reducing his stake by nearly 25%. This transaction comes as the company reported Q1 EPS that beat estimates but revenue that missed forecasts, with the stock trading around $90.85. Analysts currently maintain a “Moderate Buy” rating for NextEra Energy, with an average target price of $92.95.
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NextEra Energy (NYSE:NEE) CEO Sells $8,898,532.02 in Stock
NextEra Energy (NYSE:NEE) CEO John Ketchum sold 99,603 shares of the company’s stock for over $8.8 million, reducing his stake by nearly 25%. This transaction comes as the company reported Q1 EPS that beat estimates but revenue that missed forecasts, with the stock trading around $90.85. Analysts currently maintain a “Moderate Buy” rating for NextEra Energy, with an average target price of $92.95.