Insider Selling: Brazilian Electric Power (NYSE:AXIA) Director Sells $9,028,520.00 in Stock

Posted by Max Byerly on May 22nd, 2026

Brazilian Electric Power Co (NYSE:AXIA – Get Free Report) Director De Lima Filho Pedro Batista sold 861,500 shares of the company’s stock in a transaction on Friday, May 15th. The shares were sold at an average price of $10.48, for a total transaction of $9,028,520.00. Following the sale, the director directly owned 902,646 shares in the company, valued at $9,459,730.08. This trade represents a 48.83% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

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

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.
On Monday, May 18th, De Lima Filho Pedro Batista purchased 49,600 shares of Brazilian Electric Power stock. The shares were purchased at an average cost of $11.27 per share, for a total transaction of $558,992.00.
On Wednesday, May 13th, De Lima Filho Pedro Batista sold 666,300 shares of Brazilian Electric Power stock. The stock was sold at an average price of $10.74, for a total transaction of $7,156,062.00.
On Monday, May 11th, De Lima Filho Pedro Batista sold 646,900 shares of Brazilian Electric Power stock. The stock was sold at an average price of $11.05, for a total transaction of $7,148,245.00.
On Friday, May 8th, De Lima Filho Pedro Batista sold 3,938,700 shares of Brazilian Electric Power stock. The stock was sold at an average price of $11.86, for a total transaction of $46,712,982.00.
On Friday, May 8th, De Lima Filho Pedro Batista acquired 3,656,500 shares of Brazilian Electric Power stock. The shares were bought at an average cost of $11.90 per share, for a total transaction of $43,512,350.00.
On Monday, April 20th, De Lima Filho Pedro Batista sold 1,397,982 shares of Brazilian Electric Power stock. The stock was sold at an average price of $12.54, for a total transaction of $17,530,694.28.
On Friday, April 17th, De Lima Filho Pedro Batista sold 1,640,600 shares of Brazilian Electric Power stock. The stock was sold at an average price of $12.46, for a total transaction of $20,441,876.00.

Brazilian Electric Power Price Performance

AXIA stock opened at $10.94 on Friday. The stock has a market cap of $24.62 billion, a PE ratio of 60.77, a P/E/G ratio of 1.59 and a beta of 0.52. The company has a current ratio of 2.11, a quick ratio of 2.11 and a debt-to-equity ratio of 0.52. Brazilian Electric Power Co has a 1 year low of $6.71 and a 1 year high of $13.54.

Analyst Ratings Changes

A number of research firms have recently issued reports on AXIA. Wall Street Zen cut shares of Brazilian Electric Power from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Weiss Ratings assumed coverage on shares of Brazilian Electric Power in a report on Tuesday, April 7th. They issued a “hold (c)” rating on the stock. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, Brazilian Electric Power currently has a consensus rating of “Hold”.

View Our Latest Report on Brazilian Electric Power

Institutional Investors Weigh In On Brazilian Electric Power

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Kapitalo Investimentos Ltda increased its stake in Brazilian Electric Power by 146.9% in the 1st quarter. Kapitalo Investimentos Ltda now owns 187,303 shares of the company’s stock valued at $2,113,000 after buying an additional 111,448 shares during the last quarter. Principal Financial Group Inc. increased its stake 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 buying an additional 1,559 shares during the last quarter. Sei Investments Co. purchased a new stake in Brazilian Electric Power in the 1st quarter valued at about $461,000. Cetera Investment Advisers increased its stake in 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 buying an additional 13,237 shares during the last quarter. Finally, Measured Wealth Private Client Group LLC purchased a new stake in Brazilian Electric Power in the 1st quarter valued at about $323,000. Hedge funds and other institutional investors own 2.64% of the company’s stock.

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.