The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. NextEra Energy Inc shares valued at $3,194,980 were sold by Sieving Charles E on Sep 16 ’24. At $85.00 per share, Sieving Charles E sold 37,588 shares. The insider’s holdings dropped to 197,692 shares worth approximately $15.67 million following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, Sieving Charles E purchased 37,588 shares, netting a total of over 3,194,980 in proceeds.
Before that, Pimentel Armando Jr had sold 99,412 shares from its account. In a trade valued at $7,952,960, the Director, Pres & CEO of Sub traded NextEra Energy Inc shares for $80.00 each. Upon closing the transaction, the insider’s holdings decreased to 99,412 shares, worth approximately $11.74 million.
As published in their initiating research note from Jefferies on September 19, 2024, NextEra Energy Inc [NEE] has been a Hold and the price target has been revised to $87. Analysts at Mizuho downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in mid June. As of April 10, 2024, Barclays has initiated its “an Equal weight” rating for NEE. Earlier on December 08, 2023, Citigroup initiated its rating. Their recommendation was “a Buy” for NEE stock.
Analyzing NEE Stock Performance
During the last five days, there has been a drop of approximately -4.30%. Over the course of the year, NextEra Energy Inc shares have jumped approximately 30.47%. Shares of the company reached a 52-week high of $86.10 on 10/03/24 and a 52-week low of $53.95 on 03/04/24. A 50-day SMA is recorded $82.40, while a 200-day SMA reached $71.31. Nevertheless, trading volume fell to 12.99 million shares from 11.65 million shares the previous day.
Support And Resistance Levels for NextEra Energy Inc (NEE)
According to the 24-hour chart, there is a support level at 78.31, which, if violated, would cause prices to drop to 77.37. In the upper region, resistance lies at 80.02. The next price resistance is at 80.78. RSI (Relative Strength Index) is 38.78 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -3.27, which suggests the price will decrease in the coming days. Percent R is at 85.88%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
