Ceredex Value Advisors Reduces IDACORP Stake

Institutional investor sells 23,600 shares of energy company's stock

Published on Mar. 10, 2026

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Ceredex Value Advisors LLC, an institutional investor, reduced its position in IDACORP, Inc. (NYSE:IDA) by 13.9% during the third quarter, according to a recent SEC filing. The firm now owns 146,300 shares of the energy company's stock, valued at $19,334,000.

Why it matters

The reduction in Ceredex's IDACORP holdings is notable as the firm previously owned a larger stake in the energy company. This could signal a shift in Ceredex's investment strategy or a belief that IDACORP's stock is overvalued at current levels.

The details

According to the 13F filing, Ceredex Value Advisors sold 23,600 shares of IDACORP stock during the third quarter. The firm now owns 146,300 shares, or 0.27% of the company's outstanding stock. IDACORP is an electric utility company that provides generation, transmission and distribution services to customers in southern Idaho and eastern Oregon.

  • Ceredex reduced its IDACORP position during the third quarter of 2026.

The players

Ceredex Value Advisors LLC

An institutional investment firm that reduced its stake in IDACORP, Inc.

IDACORP, Inc.

An electric utility company that provides services to customers in southern Idaho and eastern Oregon.

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The takeaway

The reduction in Ceredex's IDACORP holdings suggests the firm may have concerns about the utility company's stock performance going forward. This could be an early indicator of potential challenges facing IDACORP, though more information would be needed to fully assess the situation.