The EVP, Group Pres, Operations of Xcel Energy Inc (NASDAQ: XEL) is Selling Shares

By Carrie Williams

Today, the EVP, Group Pres, Operations of Xcel Energy Inc (XELResearch Report), Kent Larson, sold shares of XEL for $1.61M.

Following Kent Larson’s last XEL Sell transaction on May 22, 2019, the stock climbed by 6.1%. In addition to Kent Larson, 2 other XEL executives reported Sell trades in the last month.

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The company has a one-year high of $65.29 and a one-year low of $46.01. XEL’s market cap is $33.07B and the company has a P/E ratio of 26.21.

The insider sentiment on Xcel Energy Inc has been negative according to 62 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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Xcel Energy, Inc. operates as a holding company, which engages in the generation, purchase, transmission, distribution and sale of electricity. It operates through the following three segments: Regulated Electric Utility, Regulated Natural Gas Utility and All Others.