Insider Selling: Exelon Co. (NASDAQ:EXC) EVP Sells 1,463 Shares of Stock

Exelon Co. (NASDAQ:EXC) EVP Colette D. Honorable sold 1,463 shares of the firm’s stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $40.57, for a total value of $59,353.91. Following the transaction, the executive vice president now owns 2,271 shares in the company, valued at approximately $92,134.47. This trade represents a 39.18 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Exelon Stock Performance

EXC traded down $0.03 during trading hours on Tuesday, hitting $40.54. The stock had a trading volume of 5,254,560 shares, compared to its average volume of 6,454,882. The company’s fifty day simple moving average is $38.25 and its 200 day simple moving average is $38.60. Exelon Co. has a 1 year low of $33.35 and a 1 year high of $41.19. The stock has a market cap of $40.74 billion, a PE ratio of 16.68, a price-to-earnings-growth ratio of 2.66 and a beta of 0.56. The company has a quick ratio of 0.97, a current ratio of 1.09 and a debt-to-equity ratio of 1.66.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on EXC shares. Morgan Stanley dropped their price objective on Exelon from $46.00 to $44.00 and set an “equal weight” rating on the stock in a research note on Friday, November 22nd. Evercore ISI upgraded Exelon from an “in-line” rating to an “outperform” rating and raised their price objective for the company from $43.00 to $44.00 in a research note on Tuesday, January 21st. Guggenheim upgraded Exelon from a “neutral” rating to a “buy” rating in a research note on Thursday, January 23rd. Barclays decreased their target price on Exelon from $44.00 to $42.00 and set an “overweight” rating for the company in a research report on Wednesday, January 22nd. Finally, Scotiabank raised their target price on Exelon from $40.00 to $42.00 and gave the company a “sector perform” rating in a research report on Thursday, December 12th. Five equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $43.13.

Institutional Investors Weigh In On Exelon

Large investors have recently added to or reduced their stakes in the company. State Street Corp grew its holdings in Exelon by 3.7% during the 3rd quarter. State Street Corp now owns 60,169,219 shares of the company’s stock valued at $2,439,862,000 after buying an additional 2,156,259 shares in the last quarter. Geode Capital Management LLC grew its holdings in Exelon by 1.6% during the 3rd quarter. Geode Capital Management LLC now owns 25,945,791 shares of the company’s stock valued at $1,048,823,000 after buying an additional 403,542 shares in the last quarter. FMR LLC grew its holdings in Exelon by 18.7% during the 3rd quarter. FMR LLC now owns 11,782,549 shares of the company’s stock valued at $477,782,000 after buying an additional 1,858,502 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Exelon by 1.8% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,967,343 shares of the company’s stock valued at $363,626,000 after buying an additional 160,313 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in Exelon by 2.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 6,446,408 shares of the company’s stock valued at $261,402,000 after buying an additional 123,466 shares in the last quarter. Hedge funds and other institutional investors own 80.92% of the company’s stock.

Exelon Company Profile

Exelon Corporation, a utility services holding company, engages in the energy distribution and transmission businesses in the United States and Canada. The company is involved in the purchase and regulated retail sale of electricity and natural gas, transmission and distribution of electricity, and distribution of natural gas to retail customers.