MGE Energy Director Berbee Buys 373 Shares

Insider purchase represents 4.15% increase in Berbee's stake

Mar. 13, 2026 at 7:51pm

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MGE Energy Inc. (NASDAQ:MGEE) Director James Berbee purchased 373 shares of the company's stock on March 11th at an average price of $77.74 per share, for a total transaction of $28,997.02. This purchase increases Berbee's direct ownership in MGE Energy to 9,362 shares, valued at $727,801.88.

Why it matters

Insider buying activity can be a signal of management's confidence in a company's prospects. Berbee's purchase represents a 4.15% increase in his personal stake, indicating he believes MGE Energy's shares are undervalued at current levels.

The details

The transaction was disclosed in a legal filing with the SEC. Following the purchase, Berbee now directly owns 9,362 shares in MGE Energy, a Wisconsin-based utility holding company that provides regulated electric and natural gas services.

  • The shares were purchased on Wednesday, March 11th, 2026.

The players

James Berbee

A director on the board of MGE Energy Inc.

MGE Energy Inc.

A public utility holding company headquartered in Madison, Wisconsin that provides regulated electric and natural gas distribution services.

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The takeaway

Berbee's insider purchase suggests he sees value in MGE Energy's stock at current levels, which could be a positive signal for investors considering the company.