IDACORP Shares Sold by Clark Capital Management Group

Energy company's stock ownership reduced by 15.7% in third quarter

Mar. 16, 2026 at 9:09am

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Clark Capital Management Group Inc. reduced its holdings in IDACORP, Inc. (NYSE:IDA) by 15.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 80,647 shares of the energy company's stock after selling 15,022 shares during the quarter.

Why it matters

IDACORP is a major energy company serving customers in southern Idaho and eastern Oregon. Changes in institutional ownership of its stock can signal shifts in investor sentiment and confidence in the company's performance.

The details

Clark Capital Management Group reduced its stake in IDACORP by selling 15,022 shares in the third quarter. The fund now owns 80,647 shares, or approximately 0.15% of the energy company's outstanding stock.

  • Clark Capital Management Group reduced its IDACORP holdings in the 3rd quarter of 2026.

The players

Clark Capital Management Group Inc.

An investment management firm that previously owned a stake in IDACORP, Inc.

IDACORP, Inc.

An American energy company that provides electricity generation, transmission, and distribution services to customers in southern Idaho and eastern Oregon.

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The takeaway

The reduction in Clark Capital Management Group's IDACORP holdings suggests a potential shift in investor sentiment around the energy company, though the overall reasons behind the sale are unclear from the available information.