Public Service Enterprise Group CEO Sells Shares
On September 1, 2026, Ralph A. LaRossa, CEO of Public Service Enterprise Group (PEG), sold 2,083 shares for $73.46 per share on average, totaling approximately $153,000 in transaction value. The sale represented about 0.7% of his direct equity stake before the trade and left him with a remaining holding of over 281,000 shares valued at around $20.6 million as of that date. The stock closed at $73.48 on September 1, reflecting an overall one-year total loss of 11% for PEG compared to the S&P 500's gain over the same period. Analysts remain cautiously optimistic about its future performance with a median price target of $86 and mixed ratings—33% recommending 'buy' while 67% suggest 'hold.' Public Service Enterprise Group operates as an integrated energy provider in the Northeastern U.S., offering electricity transmission, natural gas distribution, and renewable energy generation. The company has a market capitalization of approximately $36 billion.
Tickers: $PEG
Topics: executive sale Public Service Enterprise Group SEC filing