Xcel Energy (XEL) : On Friday, The money flowed into the Xcel Energy (XEL) stock with an uptick to downtick ratio was recorded at 1.06. Transactions worth $5.7 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $5.39 million. The total money flow into the stock was $0.31 million. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $1.24 million of block transactions on upticks. The total money flow in block trades was $1.24 million. In terms of price action, Xcel Energy (XEL) traded down $0.04 during the session at $41.23. Compared to the previous days closing, the stock was down only by -0.1%. For the week, the stock is -0.39%, over previous weeks closing.
The company Insiders own 0.2% of Xcel Energy shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -14.73% . Institutional Investors own 71.43% of Xcel Energy shares. During last six month period, the net percent change held by insiders has seen a change of -14.73%.
In a related news,The officer (EVP, Group Pres, & CAO) of Xcel Energy Inc, Mcdaniel Marvin E. Jr. sold 11,900 shares at $41.78 on August 26, 2016. The Insider selling transaction had a total value worth of $497,182. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Xcel Energy (NYSE:XEL): The stock opened at $41.32 and touched an intraday high of $41.83 on Friday. During the day, the stock corrected to an intraday low of $41.208, however, the bulls stepped in and pushed the price higher to close in the green at $41.71 with a gain of 1.07% for the day. The total traded volume for the day was 2,625,193. The stock had closed at $41.27 in the previous trading session.
Xcel Energy (XEL) has been under a strong bear grip, hence the stock is down -2.12% 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 0.27% in the past 1 week. The stock has risen by 0.77% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.25% in the past 4 weeks.
Xcel Energy Inc. is a public utility holding company. The Companys operations include the activity of four wholly owned utility subsidiaries that serve electric and natural gas customers in eight states. These utility subsidiaries are NSP-Minnesota NSP-Wisconsin, Public Service Company of Colorado (PSCo) and Southwestern Public Service Co. (SPS) and serve customers in portions of Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas and Wisconsin. Its segments include regulated electric utility, regulated natural gas utility and all other. The regulated electric utility segment generates, transmits and distributes electricity in Minnesota, Wisconsin, Michigan, North Dakota, South Dakota, Colorado, Texas and New Mexico. Regulated electric utility also includes commodity trading operations. The regulated natural gas utility segment transports, stores and distributes natural gas primarily in portions of Minnesota, Wisconsin, North Dakota, Michigan and Colorado.