The President & CEO of AES Corp is Exercising Options


Today it was reported that the President & CEO of AES Corp (NYSE: AES), Andres Gluski, exercised options to buy 91,030 AES shares at $6.71 a share, for a total transaction value of $610.8K.

This recent transaction increases Andres Gluski’s holding in the company by 8.51% to a total of $15.73 million. Following Andres Gluski’s last AES Buy transaction on May 16, 2018, the stock climbed by 1.4%.

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AES’s market cap is $8.97B and the company has a P/E ratio of 22.86. Currently, AES Corp has an average volume of 1.

Seven different firms, including Argus Research and Barclays, currently also have a Buy rating on the stock.

The insider sentiment on AES Corp has been positive according to 33 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

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AES Corp. operates as a power generation and utility company. It operates through two business lines: Generation and Utilities. The Generation business line refers to the utilization of fuels and technologies to generate electricity such as coals, gas, hydro, wind, solar and biomass.

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