Sempra Energy Surges to 308th in Trading Volume Despite Stock Price Decline

Generated by AI AgentAinvest Market Brief
Thursday, Apr 3, 2025 8:21 pm ET1min read
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On April 3, 2025, Sempra EnergySRE-- (SRE) saw a trading volume of $477 million, marking a 39.12% increase from the previous day. This surge placed Sempra Energy at the 308th position in terms of trading volume for the day. However, the stock price of Sempra Energy closed down 2.90%.

On April 3, 2025, significant insider activity was reported at Sempra Energy. EVP Justin Christopher Bird sold 4,817 shares, valued at $343,096. This transaction comes at a time when the company has faced a series of downgrades and price target reductions from multiple analysts.

Following disappointing Q4 earnings and guidance cuts, several analysts have revised their ratings for Sempra Energy. Argus downgraded the stock to Hold from Buy, citing negative earnings guidance for 2025 and projecting a rebuilding period with growth expected in 2026. BMO Capital reduced its price target, noting regulatory lag, inflationary wildfire costs, and challenging decisions in California’s General Rate Case, which impact the company’s 2025 outlook. Jefferies also downgraded Sempra Energy to Hold, emphasizing the need for management to rebuild investor confidence amid lower guidance and regulatory uncertainties in Texas.

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