Top Executive Sells Massive Shares of Black Hills Stock!

New insider activity at Black Hills ( (BKH) ) has taken place on November 12, 2025.

Senior Vice President and Chief Financial Officer Kimberly F. Nooney has recently sold 14,500 shares of Black Hills stock, amounting to a total transaction value of $1,025,150.

Recent Updates on BKH stock

In the last 24 hours, Black Hills Corp. has seen significant developments following its Q3 earnings call, which highlighted a positive outlook despite challenges such as weather impacts and increased operational costs. The company reaffirmed its 2025 earnings guidance and reported progress on key capital projects, including the Ready Wyoming transmission expansion and the Lange II generation project. Additionally, Black Hills is advancing its merger with NorthWestern Energy, expected to enhance its market position. The company is also experiencing growing demand from data centers, which is anticipated to drive future growth. Scotiabank upgraded Black Hills to Outperform, citing the high-probability upside from data center projects in Wyoming and the potential for significant earnings growth from the Crusoe/Tallgrass project. Despite the pending merger presenting a near-term overhang, the analyst believes the risk/reward is favorable at current levels.

Spark’s Take on BKH Stock

According to Spark, TipRanks’ AI Analyst, BKH is a Outperform.

Black Hills Corp. shows strong technical momentum and a positive earnings outlook, supported by strategic growth initiatives. While financial performance is solid, addressing revenue consistency and cash flow volatility could further enhance stability. The stock is fairly valued, offering a balanced investment opportunity.

To see Spark’s full report on BKH stock, click here.

More about Black Hills

YTD Price Performance: 27.28%

Average Trading Volume: 740,753

Technical Sentiment Signal: Buy

Current Market Cap: $5.37B