Nextera Energy treasurer sells $168,717 in stock

Published 23/07/2025, 23:04
Nextera Energy treasurer sells $168,717 in stock

James Michael May, Treasurer and Asst. Secretary at NextEra Energy Inc (NYSE:NEE), sold 2,177 shares of the company’s common stock on July 22, 2025, at a price of $77.50, for a total value of $168,717. The sale occurred at a premium to the current market price of $72.82, with NextEra Energy maintaining its position as a $159.6 billion market cap utility giant. According to InvestingPro, the company has an impressive track record of raising dividends for 29 consecutive years, currently offering a 3.11% yield.

Following the transaction, May directly owns 27,662 shares of NextEra Energy. May also indirectly owns 1,604 shares through a Retirement Savings Plan Trust. With an overall Financial Health score of "FAIR" and analysts maintaining a bullish outlook, InvestingPro subscribers can access detailed insider trading patterns and 8 additional key insights about NextEra Energy’s financial position.

The sale was executed under a Rule 10b5-1 trading plan adopted on November 5, 2024. The company’s comprehensive Pro Research Report, available on InvestingPro, provides in-depth analysis of insider trading patterns and executive compensation trends.

In other recent news, NextEra Energy reported its financial results for the second quarter of 2025. The company posted adjusted earnings of $1.05 per share, surpassing analyst expectations of $0.98 per share. However, revenue came in at $6.7 billion, which did not meet the consensus estimate of $7.29 billion. These developments highlight a mixed performance for the quarter, with earnings exceeding forecasts but revenue falling short. The results were announced on Wednesday from the company’s headquarters in Juno Beach, Florida. The earnings figures indicate a positive surprise for investors, while the revenue miss suggests potential challenges in sales or market conditions. These recent developments are crucial for investors keeping an eye on the company’s financial health and market performance.

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