Transaction details
Dyan Z. Wold, who serves as vice president, controller and chief accounting officer at Sempra (NYSE:SRE), sold 1,539 shares of common stock on March 16, 2026. The shares were disposed of at $95.38 apiece, for total gross proceeds of $146,789. Following the sale, Wold directly holds 4,632.52 shares of Sempra.
The sale was carried out under a pre-arranged trading plan that was put in place on November 19, 2025, and executed in accordance with Rule 10b5-1(c).
Market context
Sempra's share price at the time of the transaction was trading near its 52-week high of $97.44, and the stock has risen roughly 39% over the past year. According to analysis cited from InvestingPro, Sempra appears overvalued at current levels relative to its Fair Value.
Recent operating and capital activity
In its fourth-quarter 2025 results, Sempra reported adjusted earnings per share of $1.28, which exceeded the consensus forecast of $1.23. The company, however, missed on revenue expectations, reporting $3.75 billion versus the anticipated $4.25 billion.
Separately, Sempra completed an $800 million public offering of 5.250% notes due in 2036. After underwriting discounts, the offering generated net proceeds of approximately $793.4 million.
Analyst commentary and strategic positioning
UBS raised its price target for Sempra Energy to $100 from $96 while maintaining a Neutral rating. The firm cited the company's shift to a business mix that is now approximately 95% regulated operations. Other firms continue to highlight sector dynamics that could influence Sempra's outlook: Jefferies noted that higher oil prices are expected to benefit the U.S. energy sector and that utilities such as Sempra can serve as a safe haven, while Morgan Stanley pointed to sustained demand for AI infrastructure as a factor that could affect companies involved in power and utilities.
Implications
The insider sale was executed under a pre-established plan and follows corporate results and financing activity that together shape the company's near-term profile: an earnings beat on a per-share basis, a revenue shortfall relative to forecasts, and a sizable notes offering that added liquidity to the balance sheet. Analyst adjustments to price targets and commentary on broader sector trends frame the market conversation about valuation and business mix.
Note: Some analyses referenced in this report reflect InvestingPro's assessment and discrete analyst commentary from UBS, Jefferies and Morgan Stanley as described above.