The Pres. and CEO-WEC Energy Group of WEC Energy Group is Exercising Options

Today it was reported that the Pres. and CEO-WEC Energy Group of WEC Energy Group (WEC), Joseph Kevin Fletcher, exercised options to sell 27,105 WEC shares at $51.85 a share, for a total transaction value of $2.59M.

Following Joseph Kevin Fletcher’s last WEC Sell transaction on November 29, 2018, the stock climbed by 26.5%. In addition to Joseph Kevin Fletcher, 4 other WEC executives reported Sell trades in the last month.

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The company has a one-year high of $96.46 and a one-year low of $64.96. WEC’s market cap is $30.26B and the company has a P/E ratio of 27.68.

The insider sentiment on WEC Energy Group has been negative according to 84 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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WEC Energy Group, Inc. is a holding company, which engages in the generation and distribution of electricity and natural gas. It operates through the following segments: Wisconsin, Illinois, Other States, Electric Transmission, Non-Utility Energy Infrastructure and Corporate & Other. The Wisconsin segment refers to the electric and gas utility operations.

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