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AEP sees investment surge and beats earnings estimates, but insiders sell $3.5M in shares.
American Electric Power (AEP) has seen increased investment from several firms, including 3Chopt Investment Partners, RBA Wealth Management, and Confluence Wealth Services, during the first quarter.
AEP reported strong earnings of $1.54 per share, beating estimates by $0.14.
Insiders have sold $3.5 million worth of shares recently.
The stock has a market cap of $54.73 billion and trades within a 52-week range of $86.83 to $110.48.
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AEP ve un aumento de la inversión y supera las estimaciones de ganancias, pero los informantes venden $ 3.5 millones en acciones.