Wec Energy director sells $367k in shares
#WEC Energy #Gale Klappa #Insider Trading #Stock Sale #Dividend Growth #Analyst Ratings #52-week High
📌 Key Takeaways
- Director Gale E. Klappa sold $367k in WEC Energy shares at near 52-week high
- Klappa simultaneously exercised options to acquire shares at lower price point
- WEC Energy has raised dividends for 22 consecutive years despite recent earnings miss
- Analysts maintain positive outlook with Mizuho raising price target to $121
📖 Full Retelling
Gale E. Klappa, director of WEC Energy Group, Inc. (NYSE:WEC), sold 3,180 shares of common stock on February 23, 2026, for $115.44 per share, totaling $367,099, as the utility company's stock traded near its 52-week high of $118.19. On the same day, Klappa exercised options to acquire 3,180 shares at $68.175 per share, for a total value of $216,796, resulting in a net gain of approximately $150,303 from these transactions. Following these moves, Klappa directly owns 276,600 shares of WEC Energy Group and indirectly holds an additional 4,106.91 shares through the Employee Retirement Savings Plan. The insider trading activity comes as WEC Energy shares trade at $115.90, close to their annual peak, with InvestingPro analysis suggesting the utility company may be overvalued at current levels. Despite this, WEC Energy has demonstrated consistent financial discipline by raising its dividend for 22 consecutive years, currently yielding 3.29% according to InvestingPro data. The company's recent fourth-quarter 2025 financial results showed mixed outcomes, with earnings per share of $0.97 falling short of the expected $1.38 by 29.71%, while revenue of $2.54 billion exceeded forecasts by 12.89%. Analysts remain optimistic about WEC Energy's future, with Scotiabank maintaining its Sector Outperform rating and Mizuho raising its price target from $117 to $121, citing strong growth prospects driven by increasing data center demand. Looking ahead, WEC Energy has provided a 2026 guidance range of $5.51-$5.61 and is forecasting a 6.5%-7% EPS compound annual growth rate for the year, with long-term growth expectations of 7%-8% off the midpoint.
🏷️ Themes
Insider Trading, Utility Sector, Market Analysis
📚 Related People & Topics
Insider trading
Trading using nonpublic information
# Insider Trading **Insider trading** is the trading of a public company's stock or other securities (such as bonds or stock options) based on **material, nonpublic information** about the company. While the practice is common, its legality is subject to complex regulations that vary significantly ...
Gale E. Klappa
Gale E. Klappa is the current chairman and chief executive officer of WEC Energy Group. Before joining Wisconsin Energy, Klappa was the executive vice president, chief financial officer and treasurer of Southern Company in Atlanta, Georgia. He has also served as chief strategic officer for Southern ...
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Original Source
try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry AMD stock surges 14% on Meta AI partnership deal Gold prices rise 1% as tariff jitters aid haven demand; silver, platinum rally Bitcoin slips, wipes out 50% from October record high at session low Wall Street ends higher on tech rebound ahead of State of the Union address (South Africa Philippines Nigeria) Wec Energy director sells $367k in shares By Investing.com Insider Trading Published 02/25/2026, 02:32 AM Wec Energy director sells $367k in shares 0 WEC 0.09% Director Gale E. Klappa of WEC Energy Group, Inc. (NYSE:WEC) sold 3,180 shares of common stock on February 23, 2026, for $115.44, totaling $367,099. On the same day, Klappa exercised options to acquire 3,180 shares at $68.175, for a total value of $216,796. The sale came as WEC trades near its 52-week high of $118.19, with the stock currently at $115.90. According to InvestingPro analysis, the utility company appears overvalued at current levels. The company has raised its dividend for 22 consecutive years, currently yielding 3.29%, according to InvestingPro data. Following these transactions, Klappa directly owns 276,600 shares of WEC Energy Group. Additionally, Klappa indirectly owns 4,106.91 shares through the Employee Retirement Savings Plan . In other recent news, WEC Energy Group has reported its fourth-quarter 2025 financial results, showing mixed outcomes. The company announced an earnings per share of $0.97, which fell short of the expected $1.38, representing a 29.71% miss. However, WEC Energy’s revenue for the quarter stood at $2.54 billion, exceeding forecasts by 12.89%. Analysts have responded to these developments with adjustments to their ratings and price targets. Scotiabank reiterated its Sector Outperform rating for WEC Energy, highlighting the company’s strong growth prospects due to increasing data center demand. Mizuho also maintained an Outperform rating while raising its price target from $117 to $121. WEC Energy has provided a...
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