.jpg "Xcel Energy (NYSE: XEL)")
Today, the COB, Pres & CEO of Xcel Energy (NYSE: XEL), Benjamin Fowke, sold shares of XEL for $3.76M.
Following Benjamin Fowke’s last XEL Sell transaction on November 15, 2011, the stock climbed by 26.2%.
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Based on Xcel Energy’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $2.95 billion and quarterly net profit of $291 million. In comparison, last year the company earned revenue of $2.95 billion and had a net profit of $239 million. The company has a one-year high of $52.22 and a one-year low of $41.51. XEL’s market cap is $23.78B and the company has a P/E ratio of 19.85.
Three different firms, including Merrill Lynch and Goldman Sachs, currently also have a Sell rating on the stock. Based on 4 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $46.25, reflecting a 0.9% upside.
The insider sentiment on Xcel Energy has been positive according to 39 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.
