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Vice President John Carter McFarland of Portland General Electric Co (NYSE:POR), a utility company with a market capitalization of $4.65 billion, sold 2,190 shares of common stock on August 6, 2025, according to a Form 4 filing with the Securities and Exchange Commission.
The shares were sold at a price of $42.34, for a total transaction value of $92,724. Following the transaction, McFarland directly owns 20,819 shares of Portland General Electric. The stock currently trades near its 52-week low of $39.55, while offering a 5% dividend yield with 19 consecutive years of dividend growth. According to InvestingPro analysis, the company’s current trading price aligns closely with its Fair Value, suggesting balanced valuation. For deeper insights into insider transactions and comprehensive financial analysis, explore the detailed Pro Research Report available on InvestingPro.
In other recent news, Portland General Electric reported its Q2 2025 earnings, surpassing Wall Street expectations with an earnings per share (EPS) of $0.66, compared to the forecasted $0.64. The company also exceeded revenue projections, posting $807 million against the anticipated $794.08 million. In addition to these financial results, Portland General Electric updated its registration for stock offerings. The company filed an automatic shelf registration statement with the Securities and Exchange Commission to replace a previous registration from August 2022. As part of this update, a prospectus supplement was filed to cover the offering of 2,452,692 shares under its Dividend Reinvestment and Direct Stock Purchase Plan. This continues an offering of 2,500,000 shares that were previously registered. These developments mark significant recent activities for Portland General Electric.
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