De Lima Filho Pedro Batista Sells 597,500 Shares of Brazilian Electric Power (NYSE:AXIA) Stock

Posted by ABMN Staff on Jun 19th, 2026

Brazilian Electric Power Co (NYSE:AXIA – Get Free Report) Director De Lima Filho Pedro Batista sold 597,500 shares of Brazilian Electric Power stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $10.13, for a total value of $6,052,675.00. Following the completion of the transaction, the director directly owned 4,687,963 shares of the company’s stock, valued at $47,489,065.19. This represents a 11.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

De Lima Filho Pedro Batista also recently made the following trade(s):

On Wednesday, June 10th, De Lima Filho Pedro Batista sold 30,200 shares of Brazilian Electric Power stock. The stock was sold at an average price of $9.59, for a total transaction of $289,618.00.
On Wednesday, June 3rd, De Lima Filho Pedro Batista sold 400,000 shares of Brazilian Electric Power stock. The stock was sold at an average price of $9.90, for a total transaction of $3,960,000.00.
On Wednesday, June 3rd, De Lima Filho Pedro Batista acquired 45,000 shares of Brazilian Electric Power stock. The stock was bought at an average price of $10.60 per share, with a total value of $477,000.00.
On Monday, June 1st, De Lima Filho Pedro Batista sold 555,300 shares of Brazilian Electric Power stock. The shares were sold at an average price of $9.88, for a total transaction of $5,486,364.00.
On Friday, May 29th, De Lima Filho Pedro Batista sold 2,249,200 shares of Brazilian Electric Power stock. The stock was sold at an average price of $10.43, for a total transaction of $23,459,156.00.
On Friday, May 29th, De Lima Filho Pedro Batista bought 1,234,900 shares of Brazilian Electric Power stock. The shares were bought at an average price of $10.78 per share, for a total transaction of $13,312,222.00.
On Monday, May 25th, De Lima Filho Pedro Batista sold 234,300 shares of Brazilian Electric Power stock. The stock was sold at an average price of $10.46, for a total transaction of $2,450,778.00.
On Friday, May 22nd, De Lima Filho Pedro Batista sold 714,500 shares of Brazilian Electric Power stock. The shares were sold at an average price of $10.40, for a total transaction of $7,430,800.00.
On Wednesday, May 20th, De Lima Filho Pedro Batista sold 941,500 shares of Brazilian Electric Power stock. The shares were sold at an average price of $10.60, for a total transaction of $9,979,900.00.
On Monday, May 18th, De Lima Filho Pedro Batista sold 751,200 shares of Brazilian Electric Power stock. The shares were sold at an average price of $10.51, for a total transaction of $7,895,112.00.

Brazilian Electric Power Price Performance

Shares of Brazilian Electric Power stock opened at $9.97 on Friday. The company has a current ratio of 2.11, a quick ratio of 2.11 and a debt-to-equity ratio of 0.52. The firm has a 50 day moving average of $11.41. Brazilian Electric Power Co has a fifty-two week low of $6.71 and a fifty-two week high of $13.54. The firm has a market capitalization of $22.43 billion, a price-to-earnings ratio of 55.37, a P/E/G ratio of 1.48 and a beta of 0.46.

Institutional Investors Weigh In On Brazilian Electric Power

Institutional investors have recently modified their holdings of the business. Kapitalo Investimentos Ltda raised its stake in shares of Brazilian Electric Power by 146.9% during the first quarter. Kapitalo Investimentos Ltda now owns 187,303 shares of the company’s stock worth $2,113,000 after buying an additional 111,448 shares during the last quarter. Principal Financial Group Inc. lifted its holdings in Brazilian Electric Power by 1.8% in the first quarter. Principal Financial Group Inc. now owns 89,314 shares of the company’s stock valued at $1,007,000 after buying an additional 1,559 shares during the period. Sei Investments Co. bought a new position in Brazilian Electric Power in the first quarter valued at approximately $461,000. Cetera Investment Advisers boosted its stake in Brazilian Electric Power by 53.6% in the first quarter. Cetera Investment Advisers now owns 37,934 shares of the company’s stock valued at $428,000 after acquiring an additional 13,237 shares during the last quarter. Finally, Measured Wealth Private Client Group LLC acquired a new stake in Brazilian Electric Power during the 1st quarter worth $323,000. Institutional investors and hedge funds own 2.64% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on AXIA shares. Weiss Ratings assumed coverage on Brazilian Electric Power in a research note on Tuesday, April 7th. They issued a “hold (c)” rating for the company. Wall Street Zen raised Brazilian Electric Power from a “hold” rating to a “buy” rating in a research note on Saturday, May 30th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock has an average rating of “Hold”.

Get Our Latest Stock Analysis on AXIA

About Brazilian Electric Power

(Get Free Report)

Centrais Elétricas Brasileiras SA – Eletrobras, through its subsidiaries, engages in the generation, transmission, and distribution of electricity in Brazil. The company generates electricity through hydroelectric, thermal, nuclear, wind, and solar plants. As of December 31, 2020, it owned and operated 31 hydroelectric plants with a total installed capacity of 50,648 megawatts; seven thermal plants, including coal, and oil and gas power generation units with a total installed capacity of 1,595 megawatts; and two nuclear power plants comprising Angra I with an installed capacity of 640 megawatts and Angra II with an installed capacity of 1,350 megawatts.