Northwest Natural director Anderson sells $314k in stock

Published 23/07/2025, 00:52
Northwest Natural director Anderson sells $314k in stock

Director David Hugo Anderson of Northwest Natural Holding Co (NYSE:NWN) sold 7,500 shares of common stock on July 21, 2025. The shares were sold at a weighted average price of $41.9558, for a total value of $314,668. Prices for the sales ranged from $41.63 to $42.30. According to InvestingPro data, NWN currently trades near $42.37, with a market capitalization of $1.7 billion. The stock has shown relatively low volatility, gaining about 12% over the past year.

Following the transaction, Anderson directly owns 87,291 shares of Northwest Natural Holding Co. He also indirectly owns 10,379.467 shares held in Northwest Natural Gas Company’s Deferred Compensation Plan for Directors and Executives. The company maintains a strong dividend track record, having raised its dividend for 54 consecutive years, with a current yield of 4.6%. InvestingPro analysis indicates the stock is currently trading above its Fair Value.

The sale was executed under a Rule 10b5-1 trading plan established on September 16, 2024. With an overall Financial Health score of "FAIR" and several additional insights available on InvestingPro, investors can access comprehensive analysis including the company’s detailed Pro Research Report, which is part of the platform’s coverage of over 1,400 US stocks.

In other recent news, Northwest Natural Gas reported its first-quarter 2025 earnings, surpassing analysts’ expectations. The company achieved an earnings per share of $2.28, compared to the forecasted $2.05. Revenue also exceeded projections, reaching $494.3 million against a forecast of $483.2 million. Following these results, Stifel reiterated a Buy rating on Northwest Natural Gas and raised its price target from $45 to $49. The firm updated its model after the company’s quarterly performance exceeded its estimates when adjusted for one-time items. These developments reflect positively on Northwest Natural Gas, as analysts revise their projections for the utility company.

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