CFO Anderson Shawn sold 12,500 NI shares at $45.01; prior same-ticker sale was well-timed (-3.1% 90d return).
Anderson Shawn, EVP & CFO, sold 12,500 shares of NI at $45.01, reducing his holdings from 148,801 to 136,301 shares (-8.4%). This sale occurred at a price $1.70 below the current price of $46.71 and within 0.0% of the 52-week high, suggesting the transaction was executed near recent peak valuations. His prior open-market sale at this same ticker (2025-03-03) showed a 90-day return of -3.1%, placing him in a 100% well-timed rate for same-ticker sales—a pattern indicating his prior disposal preceded a stock decline. The company exhibits fundamental strength with $1.2B quarterly revenue, +23.5% annual growth, and a reasonable 21.04 P/E ratio, though the timing relative to recent price strength warrants observation of any broader strategic or operational context that may inform this sale decision.
NI: CFO Shawn Anderson sold 12,900 shares at $40.79 on 2025-03-03, reducing stake by 7.6% to 157.9K shares
Shawn Anderson, EVP & CFO of Nisource Inc., sold 12,900 shares at $40.79, generating $526,191.00 in proceeds and reducing his holdings to 157.9K shares. The sale occurred near the stock's 52-week high of $41.23, just 43 basis points below that peak. Despite the sale, Anderson retains substantial equity ownership with 157.9K shares post-transaction, suggesting continued meaningful exposure to the company. The transaction occurs in a context where the stock has gained 6.6% over 30 days and 6.8% over 90 days, recently outperforming its longer-term range.
