CRO resignation & mixed flows/insider sells (Vanguard +2.23M to $17B; Allspring +4.2% to 2.5M/$204M Q4; exec sells 399k/24mo ~190k/$17M 90d; Vest Financial -148k 17.5%; Stock Yards +41k Q4/Carrera Capital +2799/Strategic Blueprint -5.7k; Arnaboldi director 392 phantom units; aggregate net buys $75.2M vs $16.6M sells past yr); Perigon trim; Czech +26k reconfirmed; Global Trust +33% to 59k/$4.74M; Comerica -33k; M&T +20k; Wealthfront +15k/Rathbones -13k; Savvy Advisors $3M
Key Questions
Who resigned as CRO at NextEra Energy and when?
CRO Crews resigned effective March 20. An 8-K and Form 4s are awaited for further details.
What recent insider selling activity has occurred at NextEra Energy?
Insiders sold 399k shares over 24 months, including 190k shares worth $17M in the last 90 days by executives like Crews (27k), Daggs (5k), Ketchum (100k), and Sieving. Specific sales include a director granted 392 Phantom Stock Units.
What is the net insider buying vs. selling over the past year?
Insiders net bought $75.2M worth of shares versus $16.6M in sells across 100 transactions over the past year. This contrasts with recent sells totaling $17.08M in the last three months.
How has Vanguard changed its position in NextEra Energy?
Vanguard increased its holdings by 2.23 million shares to $17 billion.
What changes did Allspring and Stock Yards make to their NextEra Energy positions?
Allspring boosted its stake by 4.2% to 2.5M shares worth $204M in Q4. Stock Yards also increased its position.
Which institutions reduced their NextEra Energy holdings?
Vest Financial reduced by 148k shares (17.5%), Perigon trimmed its stake, Comerica cut by 33k shares, and Assenagon also trimmed. Aggregate institutional ownership stands at 78.72%.
What are some positive institutional moves in NextEra Energy?
Global Trust increased by 33% to 59k shares worth $4.74M, Czech reconfirmed +26k, M&T added 20k, Wealthfront +15k, Savvy Advisors added $3M, and Nisa Investment Advisors boosted its stake. IMC-Chicago bought 49,878 shares.
What is the current analyst price target for NextEra Energy?
The price target was raised to $89.00, but caution is flagged amid insider sells and CRO resignation.
CRO Crews out 03-20 (sells Crews27k/Daggs5k/Ketchum100k/Sieving; 399k/24mo net insider buys $75.2M vs sells $16.6M). Instit mixed: Vanguard/Allspring/Capital Group/Stock Yards +41k/Carrera +2799/Nisa buys/Strategic Blueprint -5.7k (51% to 5.4k $434k) vs Vest -148k/Assenagon/Comerica trims; Arnaboldi director granted 392 phantom stock units @ $92.73 (total 8003); Savvy $3M/Global Trust+33%; own 78.72%. Await 8-K/Form4s. PT $89 flags caution.