David Anderson, the CEO of Northwest Natural Holding Co (NYSE:NWN), a utility company with a market capitalization of $1.58 billion and a P/E ratio of 19, has sold 7,500 shares of the company’s common stock, according to a recent SEC filing. According to InvestingPro analysis, NWN currently appears to be trading above its Fair Value. The shares were sold at an average price of $39.7842, totaling approximately $298,381. This transaction was conducted under a Rule 10b5-1 trading plan, which Anderson established in September 2024 as part of his retirement preparations. Anderson is set to retire from his position as CEO on April 1, 2025. Following the sale, Anderson retains direct ownership of 144,298 shares and indirect ownership of 11,484.896 shares through the company’s Deferred Compensation Plan. Notably, NWN has maintained and raised its dividend for 54 consecutive years, currently…
