New insider activity at Southwest Gas ( (SWX) ) has taken place on September 26, 2025.
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Significant shareholder Carl Icahn has made a notable move by selling 1,500,000 shares of Southwest Gas stock. This transaction is valued at an impressive $116,865,000.
Recent Updates on SWX stock
Southwest Gas Holdings recently completed the sale of 27,362,210 shares of Centuri Holdings, Inc. to J.P. Morgan Securities LLC, generating approximately $524.8 million in net proceeds. This strategic divestment marks Southwest Gas’s exit from Centuri, allowing the company to focus on its core utility business. Analysts have responded positively, with BofA upgrading the stock to a Buy rating, citing the sale as a move that will enhance earnings and rate base growth, and improve valuation. Despite concerns about cash flow and high leverage, the company’s strong earnings call performance and positive technical indicators contribute to a favorable outlook.
Spark’s Take on SWX Stock
According to Spark, TipRanks’ AI Analyst, SWX is a Neutral.
Southwest Gas’s overall stock score is driven by strong earnings performance and positive technical indicators. However, financial performance is hindered by high leverage and negative cash flow growth. The valuation suggests potential overvaluation, but the dividend yield offers some compensation. Corporate events and strategic expansions provide additional growth potential.
To see Spark’s full report on SWX stock, click here.
More about Southwest Gas
YTD Price Performance: 13.08%
Average Trading Volume: 425,968
Technical Sentiment Signal: Buy
Current Market Cap: $5.71B