Director Mark Richard J purchases 2,692 shares of SRE at $93.30 (3.6% below 52-week high), expanding holdings by 18.3%; two prior SRE buys both yielded +9.5% and +2.2% 90-day returns.
Director Mark Richard J acquired 2,692 shares of Sempra Energy at $93.30 on March 11, 2026, increasing his holdings from 14,683 to 17,375 shares (+18.3%) for a total value of $251,163.60. The purchase occurred within $3 per share of the 52-week high of $96.27. Notably, across his two prior purchases of SRE stock (on 2025-03-06 and 2024-05-17), both achieved positive 90-day returns of +9.5% and +2.2% respectively, establishing a pattern of well-timed entry points at this security. The company's fundamentals show $2.8B in quarterly revenue with net income of $95.0M and annual revenue growth of +3.9%, though the P/E ratio of 53.33 reflects elevated valuation relative to earnings. Recent price momentum shows +6.1% over 30 days and +4.3% over 90 days, positioning this purchase near a recent high in an uptrend.