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Top Executive at Major Utility Quietly Executes Significant Stock Sale

Top Executive at Major Utility Quietly Executes Significant Stock Sale

New insider activity at Public Service Enterprise ( (PEG) ) has taken place on April 2, 2026.

Meet Samuel – Your Personal Investing Prophet

Public Service Enterprise’s Chair, President and CEO Ralph Larossa has recently sold 2,083 shares of the company’s stock in a transaction valued at $169,222, signaling a notable insider move at the top leadership level.

Spark’s Take on PEG Stock

According to Spark, TipRanks’ AI Analyst, PEG is a Outperform.

The score is driven primarily by a strong earnings-call outlook (raised 2026 guidance, higher long-term growth targets, and a dividend increase) and constructive technical momentum (price above major moving averages with positive MACD). Offsetting factors are a leveraged utility balance sheet and uneven cash-flow conversion, while valuation appears reasonable but not compelling given the ~20.7 P/E and ~2.93% yield.

To see Spark’s full report on PEG stock, click here.

More about Public Service Enterprise

YTD Price Performance: 1.97%

Average Trading Volume: 3,041,743

Technical Sentiment Signal: Buy

Current Market Cap: $40.51B

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