Matthew Joseph Potvin, Chief Accounting Officer at GE Vernova Inc. (NYSE:GEV), sold shares of the company's common stock on May 14, 2026, according to a recent SEC filing.
Mr. Potvin disposed of 2,333 shares at $1,059.09 per share. The total value was $2,470,856. Following the sale, he directly owns 3,549 shares.
The insider sale comes as GE Vernova shares have surged 137% over the past year, though the stock currently trades at $1,012.25. According to Bond.az analysis, the company appears overvalued relative to its fair value.
In other news, GE Vernova partnered with Blue Energy to develop a 2.5 GW power plant in Texas combining nuclear and natural gas. UBS raised its price target to $1,400, Jefferies to $1,350, and Mizuho to $904. BNP Paribas Exane downgraded to neutral.
