A Director at WEC Energy Group (NYSE: WEC) is Buying Shares

By Carrie Williams

Yesterday, a Director at WEC Energy Group (WECResearch Report), Curt Culver, bought shares of WEC for $31.31K.

This recent transaction increases Curt Culver’s holding in the company by 18.25% to a total of $208.5K. In addition to Curt Culver, 7 other WEC executives reported Buy trades in the last month.

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The company has a one-year high of $98.19 and a one-year low of $64.96. WEC’s market cap is $30.8B and the company has a P/E ratio of 28.22.

In the last 30 days, insiders have sold $22.49M worth of WEC shares and purchased $31.31K worth of WEC shares. The insider sentiment on WEC Energy Group has been negative according to 85 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.