Brazilian Electric Power (NYSE:AXIA) Director Sells $2,655,204.00 in Stock

Posted by Andrew Walz on Jul 10th, 2026

Brazilian Electric Power Co (NYSE:AXIA – Get Free Report) Director De Lima Filho Pedro Batista sold 255,800 shares of the firm’s stock in a transaction that occurred on Friday, July 3rd. The shares were sold at an average price of $10.38, for a total value of $2,655,204.00. Following the completion of the transaction, the director owned 4,535,519 shares of the company’s stock, valued at approximately $47,078,687.22. This represents a 5.34% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

On Wednesday, July 1st, De Lima Filho Pedro Batista sold 800,000 shares of Brazilian Electric Power stock. The stock was 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 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.
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 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 stock was 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 shares were 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 purchased at an average cost 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.

Brazilian Electric Power Stock Performance

Shares of AXIA stock opened at $10.10 on Friday. 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 firm has a 50-day moving average price of $10.69. The company has a market cap of $28.58 billion, a PE ratio of 56.08, a price-to-earnings-growth ratio of 1.48 and a beta of 0.45. Brazilian Electric Power Co has a 52-week low of $6.71 and a 52-week high of $13.54.

Institutional Trading of Brazilian Electric Power

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Traveka Wealth LLC bought a new position in Brazilian Electric Power in the 1st quarter valued at about $118,000. Bank of New York Mellon Corp acquired a new stake in Brazilian Electric Power during the first quarter worth approximately $150,000. Sequoia Financial Advisors LLC boosted its holdings in shares of Brazilian Electric Power by 4.5% during 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 period. Sanctuary Advisors LLC boosted its holdings in shares of 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 shares of Brazilian Electric Power in the first quarter valued at approximately $274,000. Institutional investors own 2.64% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently issued reports on AXIA shares. Wall Street Zen raised Brazilian Electric Power from a “buy” rating to a “strong-buy” rating in a research report on Saturday, July 4th. Weiss Ratings reissued a “hold (c)” rating on shares of Brazilian Electric Power in a report on Monday. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Brazilian Electric Power has a consensus rating of “Hold”.

Read Our Latest Research 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.