Insider Selling: Brazilian Electric Power (NYSE:AXIA) Director Sells $2,943,728.00 in Stock

Posted by ABMN Staff on Jul 13th, 2026

Brazilian Electric Power Co (NYSE:AXIA – Get Free Report) Director De Lima Filho Pedro Batista sold 293,200 shares of the company’s stock in a transaction that occurred on Wednesday, July 8th. The stock was sold at an average price of $10.04, for a total value of $2,943,728.00. Following the completion of the sale, the director owned 4,464,519 shares of the company’s stock, valued at $44,823,770.76. This trade represents a 6.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed 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 Friday, July 3rd, De Lima Filho Pedro Batista sold 255,800 shares of Brazilian Electric Power stock. The shares were sold at an average price of $10.38, for a total value of $2,655,204.00.
On Wednesday, July 1st, De Lima Filho Pedro Batista sold 800,000 shares of Brazilian Electric Power stock. The shares were sold at an average price of $10.24, for a total value of $8,192,000.00.
On Wednesday, July 1st, De Lima Filho Pedro Batista acquired 362,600 shares of Brazilian Electric Power stock. The stock was purchased at an average cost of $10.26 per share, for a total transaction of $3,720,276.00.
On Monday, June 29th, De Lima Filho Pedro Batista sold 478,900 shares of Brazilian Electric Power stock. The stock was sold at an average price of $10.55, for a total value of $5,052,395.00.
On Wednesday, June 17th, De Lima Filho Pedro Batista sold 460,000 shares of Brazilian Electric Power stock. The shares were sold at an average price of $10.16, for a total value of $4,673,600.00.
On Monday, June 15th, De Lima Filho Pedro Batista sold 597,500 shares of Brazilian Electric Power stock. The shares were sold at an average price of $10.13, for a total value of $6,052,675.00.
On Wednesday, June 10th, De Lima Filho Pedro Batista sold 30,200 shares of Brazilian Electric Power stock. The shares were sold at an average price of $9.59, for a total value 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 value of $3,960,000.00.
On Wednesday, June 3rd, De Lima Filho Pedro Batista bought 45,000 shares of Brazilian Electric Power stock. The shares were purchased at an average cost of $10.60 per share, for a total transaction of $477,000.00.
On Monday, June 1st, De Lima Filho Pedro Batista sold 555,300 shares of Brazilian Electric Power stock. The stock was sold at an average price of $9.88, for a total transaction of $5,486,364.00.

Brazilian Electric Power Trading Down 0.0%

Shares of NYSE AXIA opened at $10.48 on Monday. Brazilian Electric Power Co has a twelve month low of $6.71 and a twelve month high of $13.54. The company has a quick ratio of 2.11, a current ratio of 2.11 and a debt-to-equity ratio of 0.52. The firm has a market cap of $29.69 billion, a P/E ratio of 58.25, a price-to-earnings-growth ratio of 1.51 and a beta of 0.45. The firm has a 50-day simple moving average of $10.66.

Institutional Investors Weigh In On Brazilian Electric Power

Several hedge funds have recently modified their holdings of the stock. Cetera Investment Advisers boosted its position in shares of Brazilian Electric Power by 53.6% in the 1st quarter. Cetera Investment Advisers now owns 37,934 shares of the company’s stock valued at $428,000 after purchasing an additional 13,237 shares during the period. Bank of New York Mellon Corp acquired a new stake in Brazilian Electric Power during the 1st quarter worth about $150,000. Sei Investments Co. purchased a new stake in Brazilian Electric Power during the first quarter valued at about $461,000. Principal Financial Group Inc. lifted its stake in Brazilian Electric Power by 1.8% during 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 in the last quarter. Finally, Sanctuary Advisors LLC lifted its stake in Brazilian Electric Power by 28.2% during the first quarter. Sanctuary Advisors LLC now owns 21,953 shares of the company’s stock valued at $248,000 after buying an additional 4,834 shares in the last quarter. 2.64% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts recently commented on AXIA shares. Wall Street Zen raised shares of Brazilian Electric Power from a “buy” rating to a “strong-buy” rating in a research note on Saturday, July 4th. Weiss Ratings restated a “hold (c)” rating on shares of Brazilian Electric Power in a research report on Monday, July 6th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, Brazilian Electric Power has an average rating of “Hold”.

View Our Latest Report 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.