Matthew M. Kim, comptroller at Southern Company, sold 100 shares of common stock on September 1, 2026, for a total of $8,845 at $88.45 per share.
The disposal leaves Kim with 6,399.55 direct shares and an additional 1,222.207 shares held indirectly through a 401(k) plan. Southern Company’s stock has traded as low as $83.80 over the prior 52 weeks, and InvestingPro analysis currently classifies the utility as overvalued relative to its fair value.
Southern reported adjusted earnings per share of $1.13 for the second quarter of 2026, exceeding Wall Street’s consensus estimate of $0.99, while revenue totaled $6.98 billion, below the anticipated $7.24 billion. The company reaffirmed its full-year earnings guidance, citing strong customer growth, increased demand from data centers, and higher returns from construction spending as key drivers toward the top end of its prior range.
Southern Company has maintained dividend payments for 56 consecutive years, with a current yield of 3.44%.
