Insider Sell: Ulice Payne Sells 1,150 Shares of WEC Energy Group Inc (WEC)

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Feb 25, 2025
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On February 24, 2025, Ulice Payne, a Director at WEC Energy Group Inc (WEC, Financial), sold 1,150 shares of the company, according to a SEC Filing. Following this transaction, the insider now owns 21,951.1781 shares of the company. WEC Energy Group Inc (WEC) is a diversified energy company that provides electricity and natural gas to customers in Wisconsin, Illinois, Michigan, and Minnesota. The company operates through its subsidiaries, which include Wisconsin Electric Power Company, Wisconsin Gas LLC, and others, serving over 4.5 million customers. Over the past year, Ulice Payne has sold a total of 2,400 shares and has not purchased any shares. The insider transaction history for WEC Energy Group Inc shows that there have been no insider buys in total over the past year, while there have been 13 insider sells during the same period. On the day of the recent sale, shares of WEC Energy Group Inc were trading at $104.17 each, giving the stock a market cap of $33,646.772 million. The company's price-earnings ratio stands at 21.92, which is higher than the industry median of 15.35 and also higher than the company’s historical median price-earnings ratio. With a trading price of $104.17 and a GF Value of $87.78, WEC Energy Group Inc has a price-to-GF-Value ratio of 1.19, indicating that the stock is modestly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on the company’s past returns and growth, and future estimates of business performance from Morningstar analysts.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

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