Insider Sell: Southern Nuclear CEO Stephen Kuczynski Sells 5,000 Shares of Southern Co (SO)
Stephen Kuczynski, CEO of Southern Nuclear, a subsidiary of Southern Company, executed a sale of 5,000 shares of Southern Co (NYSE:SO) on January 10, 2024, as reported in a recent SEC Filing. Southern Company is an American gas and electric utility holding company based in the southern United States. It is headquartered in Atlanta, Georgia, and operates through subsidiaries to provide energy to customers in a reliable manner at competitive prices.
Over the past year, the insider has sold a total of 50,000 shares and has not made any share purchases. This latest transaction continues a pattern of insider sales for the company, with a total of 24 insider sells and no insider buys occurring over the past year.
On the date of the insider's recent sale, shares of Southern Co were trading at $71.99, resulting in a market capitalization of $76,975,914,000.
The stock's price-earnings ratio stands at 25.57, surpassing the industry median of 14.72 and also exceeding the historical median price-earnings ratio for the company.
With the current share price at $71.99 and a GuruFocus Value of $71.33, Southern Co's price-to-GF-Value ratio is 1.01, indicating that the stock is Fairly Valued according to the GF Value metric.
The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates provided by Morningstar analysts.
The insider trend image above reflects the recent insider selling activity for Southern Co.
The GF Value image provides a visual representation of the stock's current valuation in relation to its intrinsic value estimate.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
This article first appeared on GuruFocus.
