Brazilian Electric Power (NYSE:AXIA) Director Sells $8,192,000.00 in Stock

Posted by Michael Walen on Jul 6th, 2026

Brazilian Electric Power Co (NYSE:AXIA – Get Free Report) Director De Lima Filho Pedro Batista sold 800,000 shares of the firm’s stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $10.24, for a total transaction of $8,192,000.00. Following the sale, the director owned 4,504,719 shares of the company’s stock, valued at $46,128,322.56. The trade was a 15.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

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

On Wednesday, July 1st, De Lima Filho Pedro Batista acquired 362,600 shares of Brazilian Electric Power stock. The shares were bought at an average price 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 transaction of $5,052,395.00.
On Wednesday, June 17th, De Lima Filho Pedro Batista sold 460,000 shares of Brazilian Electric Power stock. The stock was sold at an average price of $10.16, for a total transaction 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 transaction of $6,052,675.00.
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 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 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 value 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 stock was acquired at an average cost of $10.78 per share, with a total value of $13,312,222.00.

Brazilian Electric Power Stock Performance

NYSE:AXIA traded up $0.07 during trading hours on Monday, hitting $10.46. 1,780,406 shares of the company’s stock traded hands, compared to its average volume of 2,296,504. The stock has a market cap of $29.60 billion, a price-to-earnings ratio of 58.08, a P/E/G ratio of 1.49 and a beta of 0.45. Brazilian Electric Power Co has a twelve month low of $6.71 and a twelve month high of $13.54. The company has a debt-to-equity ratio of 0.52, a quick ratio of 2.11 and a current ratio of 2.11. The stock has a fifty day moving average price of $10.83.

Institutional Trading of Brazilian Electric Power

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in AXIA. Traveka Wealth LLC bought a new position in Brazilian Electric Power in the 1st quarter worth approximately $118,000. Bank of New York Mellon Corp bought a new stake in shares of Brazilian Electric Power in the first quarter valued at approximately $150,000. Sequoia Financial Advisors LLC grew its stake in shares of Brazilian Electric Power by 4.5% in the first quarter. Sequoia Financial Advisors LLC now owns 18,654 shares of the company’s stock worth $210,000 after acquiring an additional 802 shares during the last quarter. Sanctuary Advisors LLC increased its position in Brazilian Electric Power by 28.2% during the first quarter. Sanctuary Advisors LLC now owns 21,953 shares of the company’s stock worth $248,000 after acquiring an additional 4,834 shares during the period. Finally, Walleye Capital LLC acquired a new position in Brazilian Electric Power during the 1st quarter valued at $274,000. Institutional investors and hedge funds own 2.64% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Wall Street Zen raised shares of Brazilian Electric Power from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Weiss Ratings started coverage on shares of Brazilian Electric Power in a research note on Tuesday, April 7th. They issued a “hold (c)” rating on the stock. One analyst has rated the stock with a Hold rating, According to MarketBeat, the company presently has an average rating of “Hold”.

Read Our Latest Research Report on Brazilian Electric Power

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.