Monitor for additional selling in the next 30 days; isolated transactions of this size are typically routine, but further sales could signal broader sentiment shifts.
Price Chart
Executive Summary
Two senior executives at New Jersey Resources Corp (NJR) sold shares in the past week, including CFO Roberto Bel and SVP Richard Reich, realizing a combined $400.9K in open-market sales. The transactions were modest in size relative to the company's $5.4B market cap, representing just 0.0074% of total equity value.
Key Financial Metrics
Key Facts
- SVP and General Counsel Richard Reich sold 5,449 shares at $52.99, totaling $288,742.51 on March 19, 2026
- CFO Roberto Bel sold 2,035 shares at $55.10, totaling $112,127.08 on March 16, 2026
- Both transactions were open-market sales (Form 4 codes 'S')
- Total value of insider selling cluster: $400,869.59
- Cluster represents 0.0074% of NJR's $5.4B market capitalization
Financial Impact
$400.9K in total insider sales, equivalent to 0.0074% of market cap
Risk Factors
- Perception of insider pessimism, especially given CFO participation
- Potential misinterpretation of routine portfolio diversification as negative signal
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (2 trades, 7d window) | cluster-NJR-1774013113187 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 3d ago | 8-K | $53.16 | awaiting T+60 | — | $53.19 (+0.06%) |
May 8, 2026 24w ago | 144 | $55.82 $55.40 | ▼ −0.75% | ▼ −5.14% | $53.19 (−4.71%) |
May 4, 2026 25w ago | 8-K | $55.99 $58.58 | ▲ +4.63% | ▲ +1.89% | $53.19 (−5.00%) |
Mar 16, 2026 32w ago | Insider Cluster | $54.90 $54.44 | ▼ −0.84% | ▼ −11.32% | $53.19 (−3.11%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers