Gradient Investments Reduces Stake in American Electric Power

The institutional investor sold over 13,000 shares of the utility company in the fourth quarter.

Mar. 24, 2026 at 10:07am

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Gradient Investments LLC reduced its position in shares of American Electric Power Company, Inc. (NASDAQ:AEP) by 10.3% in the fourth quarter, according to the company's most recent filing with the SEC. The institutional investor owned 118,902 shares of the company's stock after selling 13,625 shares.

Why it matters

This filing provides insight into the investment decisions of Gradient Investments, a notable institutional investor. Changes in major shareholders' positions can impact a company's stock price and market dynamics.

The details

Gradient Investments sold 13,625 shares of American Electric Power in the fourth quarter, reducing its total stake to 118,902 shares. The company cited the filing with the SEC as the source of this information.

  • The filing was made in the fourth quarter of 2026.

The players

Gradient Investments LLC

An institutional investor that reduced its position in American Electric Power in the fourth quarter.

American Electric Power Company, Inc.

A major investor-owned electric utility headquartered in Columbus, Ohio that operates a diverse portfolio of power plants and a high-voltage transmission network.

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The takeaway

This filing highlights the ongoing shifts in institutional ownership of American Electric Power, which could signal changes in market sentiment or investment strategies related to the utility company.