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Insider Selling: NextEra Energy (NYSE:NEE) EVP Sells 19,672 Shares of Stock
NextEra Energy’s EVP, Terrell Kirk Crews II, sold 19,672 shares of the company’s stock for approximately $1.78 million, reducing his stake by over 21%. Despite this insider selling, NextEra recently increased its quarterly dividend to $0.6232 per share, equating to an annualized dividend of $2.49 and a yield of about 2.7%. Analysts currently have a “Moderate Buy” consensus rating for NEE, with an average target price of $94.16.