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On September 2, 2025, Oliver Lawrence T., Vice President and Secretary of RGC Resources (NASDAQ:RGCO), purchased 9.04 shares of common stock at a price of $22.125, for a total transaction value of $200. The purchase comes as RGC Resources, a utility company with a market capitalization of $231 million, trades at a P/E ratio of 16.9x. According to InvestingPro analysis, the company has maintained dividend payments for 32 consecutive years and currently offers a 3.75% dividend yield.
Following the transaction, Oliver directly owns 23770.22 shares of RGC Resources. He also holds options to purchase 5,000 shares at $27.87, 3,000 shares at $22.93, 1,000 shares at $19.90, and 5,000 shares at $16.62. With an "GOOD" Financial Health score from InvestingPro, the company demonstrates strong fundamentals. Discover more insights about RGCO and track insider trading patterns with InvestingPro’s comprehensive research reports, available for 1,400+ US stocks.
In other recent news, RGC Resources Inc . reported its earnings for the third quarter of fiscal 2025, exceeding market expectations. The company achieved an earnings per share (EPS) of $0.05, surpassing the forecasted $0.04. RGC Resources also saw a significant increase in net income, reaching $538,000, compared to $157,000 in the same quarter the previous year. These results highlight a strong performance for the company in this period. Despite the positive financial outcomes, the stock experienced a minor decline in after-hours trading. These developments are part of the recent activities surrounding RGC Resources.
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