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Top Executive Sells Over a Thousand Shares of Public Service Enterprise Stock!

Top Executive Sells Over a Thousand Shares of Public Service Enterprise Stock!

New insider activity at Public Service Enterprise ( (PEG) ) has taken place on April 3, 2025.

Ralph Larossa, the Chair, President, and CEO of Public Service Enterprise, recently sold 1,378 shares of the company’s stock, amounting to a total transaction value of $114,208.

Recent Updates on PEG stock

In the last 24 hours, Public Service Enterprise Group (PSEG) experienced several price target adjustments from analysts. Ladenburg downgraded PSEG to Neutral from Buy, citing valuation concerns. BofA lowered its price target from $95 to $92 while maintaining a Buy rating, adjusting EPS estimates due to marked-to-market power prices, exclusion of 2026 ZEC additions, and updates based on strong FY24 results and initial FY25 guidance. Wells Fargo also reduced its price target from $100 to $95, reflecting modest growth and valuation concerns. Despite these adjustments, some analysts remain optimistic about PSEG’s growth outlook, supported by strong EPS performance and strategic investments.

More about Public Service Enterprise

YTD Price Performance: -0.67%

Average Trading Volume: 2,800,228

Technical Sentiment Signal: Sell

Current Market Cap: $41.03B

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