On February 14, 2025, Gunnar Gode, Vice President & Chief Accounting Officer at NiSource Corporate Services Company, executed a sale of 5,500 shares of NiSource Inc (NI, Financial). Following this transaction, the insider now holds 24,758 shares of the company. The details of this transaction can be found in the SEC Filing. NiSource Inc is a utility company engaged in the distribution of natural gas and the generation, transmission, and distribution of electricity. The company operates primarily in the United States and serves millions of customers across several states. Over the past year, Gunnar Gode has sold a total of 6,450 shares and has not made any purchases. The insider transaction history for NiSource Inc indicates that there have been no insider buys in the past year, while there have been eight insider sells during the same period. On the day of the recent sale, shares of NiSource Inc were trading at $39.92, giving the stock a market cap of $18.732 billion. The company's price-earnings ratio stands at 24.45, which is higher than the industry median of 15.255 and also higher than the company's historical median price-earnings ratio. With a trading price of $39.92 and a GF Value of $26.73, NiSource Inc has a price-to-GF-Value ratio of 1.49, indicating that the stock is significantly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated using historical multiples, a GuruFocus adjustment factor, and future estimates of business performance from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
