Director Jessica Denecour bought 1,347 shares (1.3K) of PCG at $15.79; cluster pattern: 3 other insiders bought in past 14 days
Jessica Denecour, a PG&E director, purchased 1,347 shares at $15.79 on 2025-02-21, increasing her holdings from 58,456 shares to 59,803 shares. The transaction occurs as the stock trades at $15.93 current price, down 26.4% from its 52-week high of $21.63 and down 3.7% over the past 30 days. Most notably, this buy is part of a broader cluster pattern: 3 other insiders also purchased shares within the past 14 days. The timing coincides with a significant price decline from recent highs, and the coordinated buying activity across multiple directors suggests internal confidence at current valuation levels. With a P/E of 14.10 and market cap of $42.6B, this represents measured accumulation rather than a single opportunistic trade.