Recent information reveals a variety of market trends surrounding
Public Service Enterprise Group Incorporated (PEG). This includes confirmation of
CEO Ralph Larossa selling 1378 units at $80.69, decreasing his direct ownership by 0.92% to 148,892 units, with insiders selling $3.2m altogether. Other key aspects include the
Illinois Municipal Retirement Fund adding 17,585 shares of PEG to their holdings and the
revisit of PEG's growth thesis. Concurrently, the company has announced its Q1 2024 results, but also notices of high volume PEG call options being purchased. PSEG's stock remained steady against the market and PSEG's ownership boasts strong institutional backing of 76%. Furthermore,
Stonebrook Pvt Inc has made a new investment in PEG and there's a decrease in PEG's short interest. Lastly, PEG's 2024 Q2 earnings missed estimates whilst their revenues increased Y/Y, and it was noted that PSEG stock has been riding on investments despite a weak financial position.
Public Service Enterprise Group Incorporated PEG News Analytics from Tue, 31 Oct 2023 07:00:00 GMT to Sun, 08 Sep 2024 12:00:22 GMT -
Rating -2
- Innovation -4
- Information 5
- Rumor -5
