Moray Dewhurst, Vice Chairman and Chief Financial Officer at NextEra Energy Inc. (NYSE:NEE), unloaded 10,000 shares of Common Stock yesterday. The sale was executed directly and for a price of $95.47 per share. In addition to this, the insider exercised his use of stock options in order to complete the transaction. Dewhurst has been regularly unloading NextEra Energy stock over the past few months. Last Monday he disposed of 12,600 shares of Common Stock, receiving $92.23 for each share and at the end of July he sold 5,000 shares for a price of $98.16 per share.
On another note, last quarter showed very positive developments amongst hedge funds, with several increases in portfolio participation. Daniel S. Och’s Oz Management increased its stakes in the firm by a significant 5321%, boosting the hedge fund’s shares to 3.03 million, with an estimated value of $289.7 million. And Kieran Goodwin’s Panning Capital Management entered a new shareholding position in March, with 500,000 company shares, worth approximately $47.8 million.