Key Points
- Insider sale: Sampaio Araujo Camila Gualda sold 20,575 shares on April 7 at an average price of $11.31 for $232,703, leaving her with 83,077 shares — a 19.85% reduction in her stake (worth ~ $939,600.87).
- Market and valuation: AXIA was trading up about 5.5% and opened at $12.12; the company has a market cap of $27.28 billion, a PE of 17.44, and a 12‑month range of $6.69–$12.66.
- Analyst commentary: Wall Street Zen upgraded AXIA to a buy, Weiss Ratings initiated coverage at "hold (c)," and the MarketBeat consensus remains an overall "Hold."
Brazilian Electric Power Co (NYSE:AXIA - Get Free Report) insider Sampaio Araujo Camila Gualda sold 20,575 shares of the business's stock in a transaction that occurred on Tuesday, April 7th. The stock was sold at an average price of $11.31, for a total value of $232,703.25. Following the transaction, the insider owned 83,077 shares of the company's stock, valued at approximately $939,600.87. This represents a 19.85% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Brazilian Electric Power Trading Up 5.5%
Shares of NYSE AXIA opened at $12.12 on Thursday. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.68 and a quick ratio of 1.67. The company has a market cap of $27.28 billion, a PE ratio of 17.44, a price-to-earnings-growth ratio of 1.66 and a beta of 0.53. Brazilian Electric Power Co has a 12-month low of $6.69 and a 12-month high of $12.66.
Analysts Set New Price Targets
Several equities research analysts recently commented on the company. Wall Street Zen raised Brazilian Electric Power from a "hold" rating to a "buy" rating in a report on Saturday, March 14th. Weiss Ratings assumed coverage on Brazilian Electric Power in a report on Tuesday. They set a "hold (c)" rating on the stock. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, Brazilian Electric Power has an average rating of "Hold".
View Our Latest Research Report on Brazilian Electric Power
Brazilian Electric Power Company Profile
(
Get Free Report)
Centrais Elétricas Brasileiras SA - Eletrobras, through its subsidiaries, engages in the generation, transmission, and distribution of electricity in Brazil. The company generates electricity through hydroelectric, thermal, nuclear, wind, and solar plants. As of December 31, 2020, it owned and operated 31 hydroelectric plants with a total installed capacity of 50,648 megawatts; seven thermal plants, including coal, and oil and gas power generation units with a total installed capacity of 1,595 megawatts; and two nuclear power plants comprising Angra I with an installed capacity of 640 megawatts and Angra II with an installed capacity of 1,350 megawatts.
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