AI underweights weigh on large-cap funds performance says Goldman
Idacorp INC (NYSE:IDA) Vice President of Regulatory Affairs Timothy E. Tatum sold 2,006 shares of common stock on March 12, 2025, at a price of $115.34, totaling approximately $231,372. The stock, currently trading at $125.64, is near its 52-week high of $126.70, having delivered a 26.7% return over the past year. According to InvestingPro analysis, the utility company appears to be trading above its Fair Value.
According to a Form 4 filing with the Securities and Exchange Commission, Tatum also disposed of 270 shares and 505 shares on January 2 and February 21, respectively, to cover tax obligations. These shares were sold at $108.49 and $114.20, respectively, for a combined value of $86,963.
On January 1, Tatum acquired 535 shares of common stock upon the vesting of restricted stock units. On February 21, Tatum acquired 1,070 shares of common stock with no consideration. On February 21, Tatum was also granted 684 restricted stock units which will vest on January 1, 2028.
Following these transactions, Tatum directly owns 58.777 shares of Idacorp INC common stock, and 3,232.8076 shares indirectly through a 401(k) plan.
In other recent news, IDACORP Inc . reported its financial results for the second quarter of 2025, which exceeded market expectations. The company announced earnings per share of $1.76, surpassing the forecast of $1.73. Additionally, IDACORP reported revenue of $531.1 million, beating the anticipated $478.14 million, resulting in a revenue surprise of 11.08%. These results reflect positively on the company’s financial performance for the quarter. Furthermore, IDACORP has raised its guidance following these strong earnings and revenue figures. This development indicates a positive outlook as perceived by the company. While no mergers were reported, these earnings results are significant for investors. There were no analyst upgrades or downgrades mentioned in the recent news.
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