Furcron, VP at RGC Resources, buys shares worth $430

Published 05/08/2025, 16:48
Furcron, VP at RGC Resources, buys shares worth $430

Thomas Patrick Furcron, VP of Field Operations at RGC Resources INC (NASDAQ:RGCO), reported purchasing 21.85 shares of common stock on August 1, 2025. The shares were bought at a price of $19.68, for a total transaction value of $430. The stock, currently trading at $21.27, has shown resilience with a 17.2% return over the past year. According to InvestingPro analysis, RGCO maintains a GOOD financial health score and offers a 3.83% dividend yield.

The purchase was made through the RGC Resources, Inc. Dividend Reinvestment and Stock Purchase Plan. Following the transaction, Furcron directly owns 1048.754 shares, which includes 10.714 shares purchased through reinvested dividends. InvestingPro data reveals RGCO has maintained dividend payments for 32 consecutive years, with 11 straight years of dividend increases. Get deeper insights into RGCO’s dividend sustainability and comprehensive insider trading analysis with InvestingPro’s detailed research report, part of its coverage of 1,400+ US stocks.

In other recent news, RGC Resources Inc . reported its Q2 2025 earnings, surpassing expectations with an earnings per share (EPS) of $0.74, compared to the forecasted $0.68. The company also reported revenue of $36.46 million, exceeding the anticipated $34 million. These stronger-than-expected results reflect positively on the company’s financial performance. Additionally, analysts have taken note of the earnings beat, potentially influencing their future evaluations. The market’s reaction to these results was slightly positive, as reflected in recent trading sessions. Investors may find these developments noteworthy as they consider their positions. These updates underscore RGC Resources Inc.’s current financial trajectory. The information provided highlights the company’s recent performance and market perception.

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