De Lima Filho Pedro Batista Sells 313,000 Shares of Brazilian Electric Power (NYSE:AXIA) Stock

Posted by James Conley on Aug 23rd, 2026

Brazilian Electric Power Co (NYSE:AXIA – Get Free Report) Director De Lima Filho Pedro Batista sold 313,000 shares of the stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $9.76, for a total transaction of $3,054,880.00. Following the completion of the transaction, the director owned 350,885 shares in the company, valued at $3,424,637.60. This represents a 47.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

On Monday, August 17th, De Lima Filho Pedro Batista sold 33,200 shares of Brazilian Electric Power stock. The stock was sold at an average price of $9.71, for a total transaction of $322,372.00.
On Monday, August 17th, De Lima Filho Pedro Batista acquired 12,800 shares of Brazilian Electric Power stock. The shares were bought at an average price of $9.70 per share, with a total value of $124,160.00.
On Wednesday, August 12th, De Lima Filho Pedro Batista sold 45,000 shares of Brazilian Electric Power stock. The shares were sold at an average price of $9.63, for a total transaction of $433,350.00.
On Friday, August 7th, De Lima Filho Pedro Batista sold 136,200 shares of Brazilian Electric Power stock. The shares were sold at an average price of $10.27, for a total transaction of $1,398,774.00.
On Friday, August 7th, De Lima Filho Pedro Batista bought 85,200 shares of Brazilian Electric Power stock. The stock was bought at an average cost of $10.25 per share, for a total transaction of $873,300.00.
On Wednesday, July 8th, De Lima Filho Pedro Batista sold 293,200 shares of Brazilian Electric Power stock. The shares were sold at an average price of $10.04, for a total transaction of $2,943,728.00.
On Friday, July 3rd, De Lima Filho Pedro Batista sold 255,800 shares of Brazilian Electric Power stock. The stock was sold at an average price of $10.38, for a total transaction 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 transaction of $8,192,000.00.
On Wednesday, July 1st, De Lima Filho Pedro Batista purchased 362,600 shares of Brazilian Electric Power stock. The stock was bought at an average cost of $10.26 per share, with a total value of $3,720,276.00.
On Monday, June 29th, De Lima Filho Pedro Batista sold 478,900 shares of Brazilian Electric Power stock. The shares were sold at an average price of $10.55, for a total transaction of $5,052,395.00.

Brazilian Electric Power Stock Performance

Shares of AXIA stock opened at $10.22 on Friday. The business’s 50-day moving average price is $10.28. The stock has a market capitalization of $28.94 billion, a price-to-earnings ratio of 56.78, a price-to-earnings-growth ratio of 3.07 and a beta of 0.47. Brazilian Electric Power Co has a 1 year low of $7.55 and a 1 year 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.

Institutional Investors Weigh In On Brazilian Electric Power

Several hedge funds have recently made changes to their positions in the business. Traveka Wealth LLC purchased a new position in shares of Brazilian Electric Power during the first quarter worth about $118,000. Sequoia Financial Advisors LLC increased its position in Brazilian Electric Power by 4.5% in the 1st quarter. Sequoia Financial Advisors LLC now owns 18,654 shares of the company’s stock valued at $210,000 after acquiring an additional 802 shares during the period. Principal Financial Group Inc. increased its position in Brazilian Electric Power by 1.8% in the 1st quarter. Principal Financial Group Inc. now owns 89,314 shares of the company’s stock valued at $1,007,000 after acquiring an additional 1,559 shares during the period. Sanctuary Advisors LLC raised its stake in Brazilian Electric Power by 28.2% during the 1st quarter. Sanctuary Advisors LLC now owns 21,953 shares of the company’s stock valued at $248,000 after acquiring an additional 4,834 shares during the last quarter. Finally, Bank of New York Mellon Corp purchased a new stake in Brazilian Electric Power during the 1st quarter valued at approximately $150,000. Institutional investors and hedge funds own 2.64% of the company’s stock.

Analysts Set New Price Targets

AXIA has been the topic of a number of research reports. Wall Street Zen downgraded Brazilian Electric Power from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 18th. Weiss Ratings reiterated a “hold (c)” rating on shares of Brazilian Electric Power in a research note on Monday, July 6th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, Brazilian Electric Power has a consensus rating of “Hold”.

View Our Latest Report on AXIA

Brazilian Electric Power Company Profile

(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.