Potential Price Increase for Public Service Enterprise Group Inc (PEG) After Recent Insider Activity

In a filing, Public Service Enterprise Group Inc revealed its Chair, President and CEO LaRossa Ralph A unloaded Company’s shares for reported $0.11 million on Jun 02 ’25. In the deal valued at $81.88 per share,1,378 shares were sold. As a result of this transaction, LaRossa Ralph A now holds 219,715 shares worth roughly $17.51 million.

Then, LaRossa Ralph A sold 1,378 shares, generating $109,219 in total proceeds. Upon selling the shares at $79.26, the Chair, President and CEO now owns 221,093 shares.

Before that, LaRossa Ralph A sold 1,378 shares. Public Service Enterprise Group Inc shares valued at $114,213 were divested by the Chair, President and CEO at a price of $82.88 per share. As a result of the transaction, LaRossa Ralph A now holds 221,670 shares, worth roughly $17.66 million.

Ladenburg Thalmann downgraded its Public Service Enterprise Group Inc [PEG] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Barclays’s analysts, who decreased its forecast for the stock in late January from “an Overweight” to “an Equal weight”. Jefferies began covering PEG with “Hold” recommendation on September 13, 2024. Guggenheim revised its rating on June 17, 2024. It rated PEG as “a Buy” which previously was an “a Neutral”.

Price Performance Review of PEG

On Friday, Public Service Enterprise Group Inc [NYSE:PEG] saw its stock fall -0.64% to $79.69. Over the last five days, the stock has lost -2.70%. Public Service Enterprise Group Inc shares have fallen nearly -5.68% since the year began. Nevertheless, the stocks have risen 6.45% over the past one year.

Levels Of Support And Resistance For PEG Stock

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