The President of Xcel Energy Inc (NASDAQ: XEL) is Selling Shares

By Carrie Williams

Yesterday, the President of Xcel Energy Inc (XELResearch Report), Mark Stoering, sold shares of XEL for $316.6K.

Following Mark Stoering’s last XEL Sell transaction on November 07, 2017, the stock climbed by 15.7%. In addition to Mark Stoering, 3 other XEL executives reported Sell trades in the last month.

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The company has a one-year high of $66.05 and a one-year low of $46.01. XEL’s market cap is $33.37B and the company has a P/E ratio of 25.87.

The insider sentiment on Xcel Energy Inc has been negative according to 61 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.