Today, the COB, Pres & CEO of Xcel Energy Inc (XEL), Benjamin Fowke, sold shares of XEL for $2.99M.
Following Benjamin Fowke’s last XEL Sell transaction on March 08, 2019, the stock climbed by 4.0%. In addition to Benjamin Fowke, 2 other XEL executives reported Sell trades in the last month.
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Based on Xcel Energy Inc’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $3.14 billion and quarterly net profit of $315 million. In comparison, last year the company earned revenue of $2.95 billion and had a net profit of $291 million. XEL’s market cap is $30.5B and the company has a P/E ratio of 23.61. Currently, Xcel Energy Inc has an average volume of 1.13M.
Based on 7 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $60.29, reflecting a 1.8% upside.
The insider sentiment on Xcel Energy Inc has been negative according to 55 insider trades in the past three months. This sentiment is lower 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. It operates through the following three segments: Regulated Electric Utility, Regulated Natural Gas Utility and All Others.
