Mandanas buys Energy Vault (NRGV) shares worth $20,520
Christen Brooke Miles, VP of Human Resources at RGC Resources Inc (NASDAQ:RGCO), reported purchasing 4.52 shares of common stock at a price of $22.125 on September 2, 2025. The total value of the purchase was $100. The utility company, currently valued at $231 million, trades at $22.40 per share and offers a 3.75% dividend yield. According to InvestingPro, RGCO has maintained dividend payments for 32 consecutive years and raised them for the past 11 years.
According to the Form 4 filing with the Securities and Exchange Commission, the transaction increased Miles’ direct ownership to 6800.086 shares. Miles also reported holding 5,000 Employee Stock Options. The company maintains a GOOD financial health score according to InvestingPro, which provides comprehensive analysis and additional insights through its Pro Research Report, available for over 1,400 US stocks including RGCO.
In other recent news, RGC Resources reported its earnings for the third quarter of fiscal 2025, surpassing market expectations. The company achieved an earnings per share (EPS) of $0.05, exceeding the forecasted $0.04. Additionally, RGC Resources saw a significant increase in net income, reaching $538,000, up from $157,000 in the same quarter last year. These results highlight a strong financial performance for the company. Despite the positive earnings report, the stock experienced a minor decline of 0.2% in after-hours trading. There were no reports of mergers or acquisitions involving RGC Resources during this period. Analyst firms have not recently upgraded or downgraded the company’s stock. These developments provide investors with the latest insights into RGC Resources’ financial health.
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