Large Outflow of Money Witnessed in NextEra Energy

NextEra Energy (NEE): The stock had negative money flow to the tune of ($11.53 million) on Friday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $56.79 million, whereas, the outflow of money on downticks was $68.32 million and the ratio between the two was 0.83. The block trade had a negative net money flow of ($12 million). The total block trade value undertaken on upticks was $5 million. On the other hand, downticks amounted to $17 million of the traded value, which shows distribution in the stock by traders. The ratio between uptick and downtick was 0.29. NextEra Energy (NEE) closed with marginal gains of 213 cents to end the day at $123.13, an increase of 1.76% over the previous days close. The stock recorded 1.24% for the week.


The company Insiders own 0.66% of NextEra Energy shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -15.8% . Institutional Investors own 76.99% of NextEra Energy shares. During last six month period, the net percent change held by insiders has seen a change of -7.98%.

In a related news, The Securities and Exchange Commission has divulged that Kelliher Joseph T, officer (EVP, Federal Reg. Affairs) of Nextera Energy Inc, had unloaded 11,697 shares at an average price of $124.31 in a transaction dated on June 15, 2016. The total value of the transaction was worth $1,454,054.

NextEra Energy (NYSE:NEE): The stock opened at $122.01 and touched an intraday high of $123.69 on Friday. During the day, the stock corrected to an intraday low of $121.31, however, the bulls stepped in and pushed the price higher to close in the green at $123.13 with a gain of 1.76% for the day. The total traded volume for the day was 2,356,464. The stock had closed at $121 in the previous trading session.

NextEra Energy (NEE) has been under a strong bear grip, hence the stock is down -2.14% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.73% in the past 1 week. The stock has risen by 1.24% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.27% in the past 4 weeks.

NextEra Energy, Inc. (NEE) is a holding company. The Company operates through its wholly owned subsidiaries, Florida Power & Light Company (FPL) and NextEra Energy Resources, LLC (NEER). It is an electric power company in North America with electric generating facilities located in 27 states in the United States and four provinces in Canada. Its segments are FPL and NEER. FPL is an electric utility engaged primarily in the generation, transmission, distribution and sale of electric energy in Florida. NEER owns, develops, constructs, manages and operates electric generating facilities in wholesale energy markets primarily in the United States, as well as in Canada and Spain. Corporate and Other segment represents other business activities, primarily NextEra Energy Transmission, LLC (NEET) and FPL FiberNet. NEET operates through Lone Star Transmission, LLC, a transmission service provider in Texas, and New Hampshire Transmission, LLC, a transmission owner in ISO New England.

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