Yesterday it was reported that the VP & Controller of WEC Energy Group (WEC), William Guc, exercised options to sell 7,005 WEC shares at $55.36 a share, for a total transaction value of $617.1K.
This is Guc’s first transaction since reporting a Sell transaction on TEG back in March 2015 In addition to William Guc, 2 other WEC executives reported Sell trades in the last month.
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WEC’s market cap is $28.35B and the company has a P/E ratio of 26.01. Currently, WEC Energy Group has an average volume of 1.34M.
Based on 5 analyst ratings, the analyst consensus is Hold with an average price target of $87.75, reflecting a -2.5% downside.
The insider sentiment on WEC Energy Group has been negative according to 79 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.
