Northwest Natural Holding director David Anderson sells $72,038 in stock

On September 18, 2026, David Anderson, a director at Northwest Natural Holding Co., sold 1,500 shares of common stock worth $72,038. The shares were traded at prices between $47.9550 and $48.2100 per share. The company's stock is currently valued at $48.07 with a market cap of $2.02 billion, but an InvestingPro analysis suggests it may be overvalued.

Anderson's sale was part of a pre-established Rule 10b5-1 trading plan, which he initiated on March 27, 2026, to diversify holdings after retiring as CEO. He still holds 49,259 shares directly, and indirectly, holds 9,064.094 shares through the company's Deferred Compensation Plan for Directors and Executives. Despite a revenue shortfall in Q2 2026, NW Natural Holdings raised its full-year 2026 earnings per share guidance.

The company's Texas gas utility, SiEnergy, showed over 15% organic customer growth, and regulatory approvals in Washington and Oregon are expected to further boost performance. The company is also advancing its MX3 storage expansion project, which could enhance long-term growth, pending a notice to proceed.