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Company Analysis

SWX Insider Trading

Southwest Gas Holdings, Inc. | Natural Gas Transmisison & Distribution

Comprehensive Trading Performance Summary

The investment history of corporate insiders at Southwest Gas Holdings, Inc. provides a unique lens into the internal conviction of the company's leadership. By analyzing SEC Form 4 filings, investors can track how directors and officers are allocating their own capital. High-conviction buying often signals that management believes the current market price significantly undervalues future growth prospects, while strategic selling might occur for personal liquidity or portfolio diversification. Monitoring these shifts in ownership is essential for understanding the alignment between management and shareholders in the Natural Gas Transmisison & Distribution sector.

Last 7 Days
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Last 30 Days Trend
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Transactions on Chart

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Filing Date Trade Date Reporting Person Relationship Type Price Qty Total, $ Owned After Change, %
2026-01-14 05:42 2026-01-09 Brown Justin L Officer - President/Southwest Gas Corp. SELL $81.08 3,028 $245,510 6,320 -32.4%
2025-09-27 00:00 2025-09-25 ICAHN CARL C 10% owner SELL $77.91 1,500,000 $116,865,000 6,032,604 -19.9%
2025-09-12 04:17 2025-09-10 Sandoval Brian E Director BUY $78.57 24 $1,886 1,562 +1.6%
2025-07-01 01:11 2025-06-27 Stefani Robert J Officer - SVP/CFO/Controller SELL $75.00 7,000 $525,000 24,665 -22.1%
2025-04-01 01:52 2025-03-28 Stefani Robert J Officer - SVP/Chief Financial Officer SELL $72.55 2,000 $145,100 31,665 -5.9%
2025-03-25 23:46 2025-03-24 ICAHN CARL C 10% owner SELL $74.60 2,100,000 $156,660,000 7,532,604 -21.8%
2024-11-20 15:45 2024-11-19 ICAHN CARL C 10% owner SELL $76.74 1,390,000 $106,668,600 9,632,604 -12.6%
2024-08-28 21:39 2024-08-26 Stefani Robert J Officer - SVP/Chief Financial Officer SELL $72.60 11,000 $798,641 33,205 -24.9%
2024-05-15 01:37 2024-05-13 Brown Justin L Officer - President/Southwest Gas Corp. SELL $76.50 2,625 $200,813 23,830 -9.9%
2023-12-29 00:44 2023-12-27 Daily Paul M Officer - CEO/Centuri Group, Inc. SELL $63.80 1,000 $63,797 58,377 -1.7%
2023-09-29 00:30 2023-09-26 ICAHN CARL C 10% owner BUY $61.98 5,936 $367,941 11,022,604 +0.1%
2023-09-26 00:29 2023-09-21 ICAHN CARL C 10% owner BUY $61.98 44,256 $2,742,903 11,016,668 +0.4%
2023-09-13 00:15 2023-09-08 ICAHN CARL C 10% owner BUY $61.45 127,731 $7,848,942 10,972,412 +1.2%
2023-06-24 00:05 2023-06-01 ICAHN CARL C 10% owner BUY $57.99 9,652 $559,719 10,844,681 +0.1%
2023-05-27 00:20 2023-05-25 ICAHN CARL C 10% owner BUY $57.41 224,812 $12,907,424 10,835,029 +2.1%
2023-05-25 01:14 2023-05-22 ICAHN CARL C 10% owner BUY $57.93 89,617 $5,191,083 10,610,217 +0.9%
2023-03-29 00:08 2023-03-24 ICAHN CARL C 10% owner BUY $60.30 307,530 $18,544,797 10,520,600 +3.0%
2023-03-23 23:52 2023-03-21 ICAHN CARL C 10% owner BUY $60.24 525,064 $31,627,650 10,213,070 +5.4%
2023-03-18 00:09 2023-03-15 ICAHN CARL C 10% owner BUY $60.09 204,519 $12,289,833 9,688,006 +2.2%
2023-03-14 23:54 2023-03-10 ICAHN CARL C 10% owner BUY $59.39 539,022 $32,015,104 9,483,487 +6.0%
2023-03-11 00:46 2023-03-10 ICAHN CARL C 10% owner BUY $60.12 2,332,835 $140,250,040 8,944,465 +35.3%
2022-06-14 23:04 2022-06-13 Cardenas Jose A Director SELL $89.11 1,360 $121,194 25,810 -5.0%
2022-06-03 01:15 2022-05-31 Colvin Lori L Officer - VP/Controller/CAO SELL $92.74 675 $62,602 3,188 -17.5%
2022-06-03 00:21 2022-05-31 DeBonis Eric Officer - SVP/Exec Operations Advisor SELL $92.62 9,200 $852,110 3,788 -70.8%
2022-06-01 04:36 2022-05-27 Colvin Lori L Officer - VP/Controller/CAO SELL $93.55 3,846 $359,799 1 -100.0%
2021-05-13 01:55 2021-05-10 DeBonis Eric Officer - SVP/Operations SELL $71.84 2,800 $201,141 12,662 -18.1%
2021-03-19 01:49 2021-03-18 Brown Justin L Officer - SVP/General Counsel SELL $67.03 365 $24,467 7,960 -4.4%
2020-11-19 18:47 2020-11-17 Esparza Jose Luis Jr Officer - SVP/IS/Customer Engagement SELL $70.04 500 $35,021 2,224 -18.4%
2020-11-16 22:57 2020-11-13 KENNY KENNETH J Officer - VP/Finance/Treasurer SELL $70.65 400 $28,260 16,021 -2.4%
2020-11-11 02:36 2020-11-09 Brown Justin L Officer - SVP/General Counsel SELL $72.24 819 $59,165 6,350 -11.4%
2020-09-25 02:20 2020-09-24 Daily Paul M Officer - CEO/Centuri Group, Inc. BUY $59.95 200 $11,990 5,198 +4.0%
2020-09-18 01:37 2020-09-16 Daily Paul M Officer - CEO/Centuri Group, Inc. BUY $61.80 290 $17,922 4,998 +6.2%
2020-09-02 23:05 2020-09-01 Daily Paul M Officer - CEO/Centuri Group, Inc. BUY $62.29 495 $30,834 4,670 +11.9%
2020-06-10 23:19 2020-06-04 Daily Paul M Officer - CEO/Centuri Group, Inc. BUY $73.46 30 $2,204 4,175 +0.7%
2020-06-01 22:49 2020-05-29 DeBonis Eric Officer - SVP/Operations SELL $75.10 400 $30,041 12,564 -3.1%
2020-03-25 23:01 2020-03-24 Daily Paul M Officer - CEO/Centuri Group, Inc. BUY $53.50 175 $9,363 4,145 +4.4%
2020-03-14 01:07 2020-03-13 Hester John P Director, Officer - President and CEO BUY $52.50 2,000 $105,000 79,301 +2.6%
2020-03-14 01:07 2020-03-12 BOUGHNER ROBERT L Director BUY $54.39 5,000 $271,934 53,196 +10.4%
2020-03-14 01:06 2020-03-12 Daily Paul M Officer - CEO/Centuri Group, Inc. BUY $54.18 2,750 $149,000 3,970 +225.4%
2020-03-12 00:41 2020-03-09 BOUGHNER ROBERT L Director BUY $64.69 2,500 $161,725 48,196 +5.5%
2020-03-06 03:11 2020-03-04 Cardenas Jose A Director SELL $69.77 1,100 $76,750 21,491 -4.9%
2020-03-05 01:46 2020-03-03 Lewis-Raymond Jane Director BUY $69.02 1,500 $103,530 4,982 +43.1%
2020-03-05 01:43 2020-03-03 Daily Paul M Officer - CEO/Centuri Group, Inc. BUY $69.69 175 $12,196 1,220 +16.7%
2019-12-21 02:44 2019-12-20 KENNY KENNETH J Officer - VP/Finance/Treasurer SELL $76.54 300 $22,961 15,543 -1.9%
2019-11-19 18:52 2019-11-18 Daily Paul M Officer - Executive Officer BUY $76.85 125 $9,606 1,031 +13.8%
2019-11-14 02:46 2019-11-13 BOUGHNER ROBERT L Director BUY $76.49 5,000 $382,437 43,581 +13.0%
2019-11-14 02:46 2019-11-12 Daily Paul M Officer - Executive Officer BUY $75.40 325 $24,505 906 +56.0%
2019-08-21 02:18 2019-08-19 KENNY KENNETH J Officer - VP/Finance/Treasur SELL $90.26 500 $45,129 15,633 -3.1%
2019-08-13 02:20 2019-08-09 Daily Paul M Officer - Executive Officer BUY $89.95 250 $22,488 577 +76.4%
2019-06-22 02:29 2019-06-21 Hester John P Director, Officer - President and CEO SELL $90.60 2,000 $181,200 62,694 -3.1%
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How to Interpret $SWX Trades

Not every insider transaction in Southwest Gas Holdings, Inc. is a signal for immediate action. Professional investors look for "cluster buying"—when multiple executives simultaneously purchase $SWX shares on the open market. It is crucial to distinguish between scheduled sales (under Rule 10b5-1) and voluntary increases in ownership, which demonstrate management’s true conviction that the stock is undervalued.

Data Source & Accuracy for SWX

Insider activity data for Southwest Gas Holdings, Inc. is streamed in real-time directly from the SEC EDGAR system. We analyze raw Form 4 filings, filtering out technical adjustments and complex derivative transactions. This provides a transparent view of how ownership structure is evolving in $SWX, allowing you to follow the capital of those with the most intimate knowledge of the company.

UNDERSTANDING THE DATA

FILING DATE: The date and time when the transaction was reported to the SEC. This is when the public first receives the information.

TRADE DATE: The actual day the insider executed the purchase or sale in the market.

INDUSTRY: The specific market sector the company operates in. Useful for identifying broader institutional capital flows across sectors.

OWNED AFTER: The total number of shares held by the insider following the transaction. This highlights the insider's remaining conviction in the company.

CHANGE %: The percentage increase or decrease of the insider's total position. Large percentage changes often carry more weight than the dollar amount alone.

TRADE TYPES DEFINITIONS

BUY: An open market purchase. Typically indicates an insider's belief that the stock is undervalued or poised for growth.

SELL: An open market sale. While often used for diversification or liquidity, large or unexpected sales can be a warning signal.

OPT+S (OPTION EXERCISE & SALE): This occurs when an insider exercises their stock options and sells them immediately. Often part of a structured compensation plan.