The SVP, Corp Secretary, Exec Svcs of Xcel Energy Inc (XEL) is Selling Shares


Today, the SVP, Corp Secretary, Exec Svcs of Xcel Energy Inc (NASDAQ: XEL), Judy Poferl, sold shares of XEL for $349.5K.

Following Judy Poferl’s last XEL Sell transaction on November 10, 2011, the stock climbed by 28.7%. In addition to Judy Poferl, one other XEL executive reported Sell trades in the last month.

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Based on Xcel Energy Inc’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $2.66 billion and quarterly net profit of $265 million. In comparison, last year the company earned revenue of $2.64 billion and had a net profit of $227 million. XEL’s market cap is $24.94B and the company has a P/E ratio of 20.17. Currently, Xcel Energy Inc has an average volume of 3.33M.

Based on 4 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $48.13, reflecting a -1.2% downside.

In the last 30 days, insiders have sold $349.5K worth of XEL shares and purchased $48.88K worth of XEL shares. The insider sentiment on Xcel Energy Inc has been positive according to 47 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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Xcel Energy, Inc. operates as a holding company, which engages in the generation, purchase, transmission, distribution and sale of electricity and natural gas business through its subsidiaries. It operates through the following segments: Regulated Electric Utility, Regulated Natural Gas Utility and All Others.

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