Large Outflow of Money Witnessed in WEC Energy Group

WEC Energy Group (NYSE:WEC) jumped 0.14 points or 0.22% on strong buying and was last priced at $63.28 per share. The shares saw huge fund flow intraday; a massive $10.76 million made their way in through the upticks but an even bigger $25.83 million made their way out through downticks. As per the last observation, the net money flow stood at $(-15.07) million and the up/down ratio was found to be 0.42. The shares have seen a weekly value change of 1.2% .A block trade was recorded in the company shares with a net money flow of $(-15.69) million. The composite value of the funds in upticks was $0 million and the total value of funds in downticks was $15.69. As can be seen from the data, the block transaction had the up/down ratio of 0.

Shares of WEC Energy Group, Inc. rose by 1.23% in the last five trading days and 9.35% for the last 4 weeks. WEC Energy Group, Inc. is up 9.1% in the last 3-month period. Year-to-Date the stock performance stands at 25.48%.

Currently the company Insiders own 0.81% of WEC Energy Group shares according to the proxy statements. Institutional Investors own 69.85% of WEC Energy Group shares. During last six month period, the net percent change held by insiders has seen a change of -10.14%. . On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Wec Energy Group, Inc., Klappa Gale E had sold 22,000 shares worth of $1,353,660 in a transaction dated June 3, 2016. In this transaction, 22,000 shares were sold at $61.53 per share.

WEC Energy Group (NYSE:WEC) rose 0.25% or 0.16 points on Friday and made its way into the gainers of the day. After trading began at $62.99 the stock was seen hitting $63.41 as a peak level and $62.54 as the lowest level. The stock ended up at $63.3. The daily volume was measured at 2,635,193 shares. The 52-week high of the share price is $63.41 and the 52-week low is $44.93. The company has a market cap of $19,980 million.

WEC Energy Group,Inc., formerly Wisconsin Energy Corporation is a holding company. The Company operates through two segments: utility energy segment and non-utility energy segment. Its utility energy segment consists of Wisconsin Electric and Wisconsin Gas, operating together under the trade name of We Energies. Its non-utility energy segment consists of We Power, which owns and leases to Wisconsin Electric generation plants constructed as part of its Power the Future (PTF) strategy. Its other non-utility operations consist of the operations of its subsidiaries, Wispark LLC and Bostco LLC. Its principal utilities include Wisconsin Public Service, Peoples Gas, North Shore Gas, Michigan Gas Utilities and Minnesota Energy Resources, among others. Its primary subsidiaries are Wisconsin Electric Power Company (Wisconsin Electric), Wisconsin Gas LLC (Wisconsin Gas), W.E. Power, LLC (We Power), Integrys Energy Group, Inc. and Integrys Holding, Inc., among others.

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