Southern Co comptroller Matthew Kim sells $124,418 in stock By Investing.com

Matthew M. Kim, comptroller at Southern Co (), recently sold shares of the company’s common stock.

The transaction, which took place on September 3, 2026, involved the disposition of 1,400 shares of Southern Company common stock. The shares were sold at a price of $88.87 each, amounting to a total value of $124,418. The sale occurred as the stock trades near its 52-week low of $83.80, with shares currently at $87.93. According to InvestingPro analysis, Southern Company appears overvalued at current levels. The platform offers 10 additional ProTips and comprehensive Pro Research Reports for deeper analysis of the $101 billion utility company.

Following this sale, Mr. Kim directly holds 4,988 shares of the company’s common stock. Additionally, he indirectly owns 1,222.207 shares through a 401(k) plan.

The filing was signed on September 4, 2026, by Brittney Anderson, acting as Attorney-in-Fact for Mr. Kim.

In other recent news, Southern Company reported its second-quarter 2026 financial results, revealing adjusted earnings of $1.13 per share. This figure surpassed Wall Street’s estimate of $0.99 per share. However, the company’s revenue of $6.98 billion fell short of the expected $7.24 billion. Southern Company also adjusted its full-year earnings outlook to the top end of its previous range, driven by strong customer growth, increased data-center demand, and higher returns from construction spending. Analysts noted that the company’s earnings per share exceeded expectations by $0.14, or 14.1%. This development follows recent evaluations by financial analysts. Despite the revenue miss, Southern Company remains optimistic about its future financial performance.

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