Peter J. Taylor, a director at Edison International (NYSE:EIX), sold shares of the company’s common stock on July 13, 2026.
The transaction involved the sale of 500 shares at a price of $75.40 per share, totaling $37,700. This sale was executed pursuant to a Rule 10b5-1 trading plan adopted by Mr. Taylor on October 31, 2025. The sale came as Edison International stock trades near its 52-week high of $77.95, following a strong 60% gain over the past year. According to InvestingPro analysis, the stock currently appears overvalued relative to its Fair Value, placing it among companies on the Most Overvalued list. Investors seeking deeper insights can access a comprehensive Pro Research Report on Edison International, one of 1,400+ US equities covered.
Following this transaction, Mr. Taylor directly owns 33,712 shares of Edison International common stock.
In other recent news, Edison International reported its first-quarter 2026 earnings, which revealed an earnings per share (EPS) of $1.42, falling short of the forecasted $1.56. However, the company surpassed revenue expectations, bringing in $4.1 billion compared to the anticipated $4.07 billion. This earnings report comes amid ongoing concerns about potential utility liability due to the Sandy Fire in Southern California, which has prompted evacuation orders as it threatens numerous structures and homes. Additionally, UBS reiterated a Neutral rating for Edison International, setting a price target of $78.00. The firm expressed confidence in the California legislature’s efforts toward wildfire legislation this year. Despite these challenges, Edison International is noted for its affordability relative to other California utilities and its top quartile position in the U.S. The company also offers a 5.1% dividend yield, which remains an attractive feature for investors. These developments are part of the broader landscape impacting Edison International.
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