The EVP & CFO of American Electric Power (NYSE: AEP) is Selling Shares

By Carrie Williams

Today, the EVP & CFO of American Electric Power (AEPResearch Report), Brian X. Tierney, sold shares of AEP for $377.8K.

In addition to Brian X. Tierney, 10 other AEP executives reported Sell trades in the last month. This is Tierney’s first Sell trade following 3 Buy transactions.

See today’s analyst top recommended stocks >>

AEP’s market cap is $42.22B and the company has a P/E ratio of 20.71. Currently, American Electric Power has an average volume of 448.6K.

Based on 6 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $87.00, reflecting a 1.4% upside.

In the last 30 days, insiders have sold $506.8K worth of AEP shares and purchased $2.18M worth of AEP shares. The insider sentiment on American Electric Power has been positive according to 26 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

Company insider trades’ information is brought to you by the DailyInsider, a proprietary algorithm that analyzes insider trading activity to detect the most attractive trading opportunities. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

American Electric Power Co., Inc. is a public utility holding company that engages in the business of generation, transmission and distribution of electricity. It operates through the following segments: Vertically Integrated Utilities, Transmission & Distribution Utilities, AEP Transmission Holdco and Generation & Marketing.