Pinnacle West Capital Co. (NYSE:PNW) has seen numerous
stock transactions in recent times. Mirae Asset Global Investments has acquired 3,758 PNW shares, while Yousif Capital Management LLC has a $2.05 million PNW stock position. Parallely, Entropy Technologies LP, Cambiar Investors LLC, and Verity & Verity LLC have sold 11,133, 17,233, and 84,960 PNW shares, respectively. The company's intrinsic value is opined to be around 30% higher than its share price. Meanwhile, the consensus on Wall Street regarding PNW stocks seems ambiguous. On the financial front, PNW reported lower 2024 third-quarter earnings, but still outperformed estimates. Investors have experienced appreciable returns, with a 32% increase over the last year and 39% over three years.
Executive leadership changes have been announced along with the addition of three new members to the PNW board. The company has also highlighted its clean energy progress. The 2025 executive incentive plan was approved indicating growth horizon. However, there is speculation of the PNW stock being oversold. Analyst forecasts suggest a positive price target.
Pinnacle West Capital Corporation PNW News Analytics from Thu, 21 May 2009 18:50:38 GMT to Sat, 15 Feb 2025 21:59:07 GMT -
Rating 7
- Innovation 4
- Information 5
- Rumor 2
