MGEE - NASDAQ
MGE Energy, Inc.
$73.86
+0.61%MGE Energy, Inc., through its subsidiaries, operates as a public utility holding company primarily in Wisconsin. It operates through Regulated Electric Utility Operations; Regulated Gas Utility Operations; Nonregulated Energy Operations; Transmission Investments; and All Other. The company generates, purchases, and distributes electricity; owns or leases electric generation facilities located in Wisconsin and Iowa; and plans, constructs, operates, maintains, and expands transmission facilities to provide transmission services. It also generates electricity from coal-fired, gas-fired, and renewable energy sources, as well as purchases power under short and long-term commitments. As of December 31, 2021, the company generated and distributed electricity to 159,000 customers in Dane County, Wisconsin; and purchased and distributed natural gas to 169,000 customers in seven Wisconsin counties. MGE Energy, Inc.is headquartered in Madison, Wisconsin.
At a Glance
Live SnapshotMGE Energy, Inc. Management Team
Jenny L. Lagerwall
Assistant Vice President of Accounting & Controller
Mr. Ken Frassetto
Director of Shareholder Services & Treasury Management
Ms. Lynn K. Hobbie
Executive Vice President
Compensation
$585,337
Mr. Jeffrey M. Keebler
President, Chief Executive Officer & Chairman of the Board
Compensation
$1,408,742
James J. Lorenz
Vice President of Energy Operations
Compensation
$511,417
Mr. Jared Joseph Bushek
Vice President, Chief Financial Officer & Treasurer
Compensation
$759,412
Ms. Cari Anne Renlund
Vice President, General Counsel & Secretary
Compensation
$706,919
MGE Energy, Inc. Insider Positioning
During the last 12 months, insiders have purchased $114K worth of MGEE shares, with no selling activity reported.
3 Months
372
28.92K
0
0.00
+29K
+$29K
3-6 Months
0
0.00
0
0.00
+0
+$0
6-9 Months
523
42.40K
0
0.00
+42K
+$42K
9-12 Months
506
42.42K
0
0.00
+42K
+$42K
Top Buyers
Berbee James G
Director
$114K
Top Sellers
No selling activity
Insider Activity Analysis
Net Insider Sentiment
Strong bullish signal with $114K net buying. Insiders are aggressively accumulating shares, suggesting significant confidence in future prospects.
Buy/Sell Ratio
Perfect buy/sell ratio. Only buying activity with zero selling—the most bullish possible insider signal.
Recent Trend (3 Months)
Very strong recent buying momentum. Recent insider purchases significantly outpace sales, suggesting near-term optimism.
Insider Participation
1 insider buyers vs. 0 sellers. Broad-based buying across management team suggests widespread confidence.
Insider Activity Insight
Unanimous insider buying: Zero selling combined with active buying is rare and typically very bullish. Insiders appear to see significant upside with limited downside risk.
SEC Filings
MGEE - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
DEF 14A DEF 14A 2026 N/A | April 02, 2026 | March 30, 2026 | 2026 | |
DEF 14A DEF 14A 2025 N/A | April 04, 2025 | April 03, 2025 | 2025 | |
DEF 14A DEF 14A 2023 N/A | April 05, 2024 | December 31, 2023 | 2023 | |
DEF 14A DEF 14A N/A | March 29, 2023 | March 29, 2023 | ||
DEF 14A DEF 14A 2022 N/A | March 30, 2022 | March 30, 2022 | 2022 | |
DEF 14A DEF 14A 2021 N/A | March 31, 2021 | March 31, 2021 | 2021 | |
DEF 14A DEF 14A 2020 N/A | March 31, 2020 | March 30, 2020 | 2020 | |
DEF 14A DEF 14A 2019 N/A | March 25, 2019 | March 25, 2019 | 2019 | |
DEF 14A DEF 14A 2018 N/A | March 26, 2018 | March 26, 2018 | 2018 | |
DEF 14A DEF 14A 2017 N/A | March 27, 2017 | March 27, 2017 | 2017 |
Research Paths
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.