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Insider Trends: 90-Day Insider Buying Trend at Southern Co Scaled Back with Sale of Shares

05/11/2021 12:48

04:35 PM EDT, 05/11/2021 (MT Newswires) -- On May 10, 2021, Pres. & CEO, Southern Nuclear, Stephen E Kuczynski, executed a sale of 2,500 shares in Southern Co (SO) for $166,125. Kuczynski, after the transactions delineated in the SEC Form 4 filing, owns 94,151 shares of the company, with a market value, based on the prior-day closing price, of $6.24 million.

Over the last 90 days, prior to the date of this filing, there have been 91 insider transactions reported to the SEC for Southern Co. These transactions came from the activities of 14 separate insiders that resulted in a net acquisition of 512,670 company shares. In the preceding 90-day window of time, there were 26 transactions from 12 insiders and resulted in the net disposition of 11,785 shares.

This level of transactions is below that of the peer group average in the 76-company Electric Utilities peer group over the last 90-day period. Activity in the peer group averaged 115.6 transactions per company, with company insiders acquiring on average 19,691 shares.

SEC Story Link http://www.sec.gov/Archives/edgar/data/92122/000120919121031689/xslF345X03/doc4.xml

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.