Don't Ignore The Insider Selling In Southern

Recent insider selling at The Southern Company by Executive VP & COO Stanley Connally and Chairman Kimberly Greene raised some concern, although the sales happened near the current stock price. Despite these sales, insiders still maintain a 0.1% ownership, valued at US$134 million, which is generally seen as a positive sign of alignment with shareholders. The article notes that while insider sales are present, there haven’t been any insider purchases recently, prompting a recommendation to review the company’s “warning signs” before investing.