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Insider Selling: American Electric Power (NASDAQ:AEP) EVP Sells 4,106 Shares of Stock
American Electric Power (NASDAQ:AEP) EVP Phillip Ulrich recently sold 4,106 shares of company stock for approximately $542,320, reducing his holding by 8.86%. This transaction follows the company’s strong quarterly earnings, which beat analyst estimates, and the declaration of a $0.95 quarterly dividend. Various hedge funds have adjusted their positions in AEP, and the stock maintains a “Moderate Buy” consensus rating from analysts.