Maria Espinosa, the Senior Vice President, Chief Legal & Compliance Officer of Portland General Electric Co (POR, Financial), sold 2,500 shares of the company on September 10, 2024. The transaction was reported in a recent SEC Filing. Following this transaction, the insider now owns 14,263 shares of the company.
Portland General Electric Co, based in Portland, Oregon, is a vertically integrated electric utility company that generates, purchases, transmits, distributes, and sells electricity in the state of Oregon. The company also participates in wholesale markets by purchasing and selling electricity and natural gas to meet the needs of their customers.
Over the past year, Maria Espinosa has sold a total of 4,500 shares of Portland General Electric Co and has not made any purchases of the stock. The insider transaction history for the company shows a total of 11 insider sells and no insider buys over the past year.
On the day of the latest transaction, shares of Portland General Electric Co were trading at $48.30. The company has a market cap of approximately $4.93 billion. The price-earnings ratio of the stock is 16.44, which is above the industry median of 14.59.
The GF Value of Portland General Electric Co is $50.66, indicating a price-to-GF-Value ratio of 0.95. This suggests that the stock is Fairly Valued based on its GF Value.
The GF Value is calculated considering historical multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on the company’s past returns and growth, and future business performance estimates from Morningstar analysts.
This sale by the insider could be of interest to current and potential investors, providing insight into how insiders are reacting to the company's current valuation and market conditions.
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.
