Senior VP and COO of $NJR sells 4,017 shares in insider sale

A recent insider sale took place at $NJR, where Patrick J. Migliaccio, the Senior VP and COO, sold 4,017 shares on December 23, 2025, for an estimated $186,629. The trade was disclosed in a recent SEC filing and constituted approximately 9.5% of their shares in this class of stock. Following this transaction, they now hold 38,064 shares in this class of $NJR stock.

In terms of insider trading activity, $NJR insiders have engaged in trading $NJR stock once in the past 6 months, with 1 sale and 0 purchases. In this specific case, Patrick J. Migliaccio divested 4,017 shares for an estimated value of $186,629. For further monitoring of insider transactions, a glance at Quiver Quantitative’s insider trading dashboard is recommended.

On the hedge fund side, there have been notable shifts in holdings related to $NJR. Over the latest quarter, 219 institutional investors increased their stake in $NJR, while 214 reduced their positions. Noteworthy changes include Royal London Asset Management Ltd adding 788,870 shares, Millennium Management LLC adding 609,323 shares, and ExodusPoint Capital Management, LP removing 465,247 shares from their holdings. For a comprehensive overview of hedge funds’ stock portfolios, the institutional holdings dashboard on Quiver Quantitative can be consulted.

Looking at $NJR’s financial performance, the company reported revenues of $336.1M in Q4 2025, marking a 15.08% decrease from the corresponding period in the previous year. Financial details and updates for $NJR can be accessed on Quiver Quantitative’s NJR stock page.

Analyst assessments of $NJR have yielded 2 buy ratings and 0 sell ratings in recent months. Notable reports include an “Outperform” rating from Mizuho on December 17, 2025, and another “Outperform” rating from Raymond James on August 8, 2025. For regular updates on analyst ratings and price targets for $NJR, the $NJR forecast page on Quiver Quantitative serves as a valuable resource.

Several analysts have provided price targets for $NJR in the past 6 months, with a median target of $52.0. Specific targets include $54.0 set by Gabriel Moreen from Mizuho on December 17, 2025, and $50.0 set by J.R. Weston from Raymond James on August 8, 2025. It is important to note that this article is intended for informational purposes only and does not constitute financial advice. For more information, refer to Quiver Quantitative’s disclaimers.