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BKH · Black Hills Corp /Sd/

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TEAM-2.62% 13F +440META+1.00% 13F +2,694RCG+0.35% CLUSTERUTHR-0.54% 13F +425CRWV+5.68% 13F +694CRM-1.97% 13F +1,019CVNA+1.58% 13F +795TPL-1.11% 13F +444NET-1.96% 13F +711MSTR-1.39% 13F +527DELL+1.50% 13F +1,204CRWD-0.87% 13F +1,383ANET+1.22% 13F +1,324COIN-4.18% 13F +475TEAM-2.62% 13F +440META+1.00% 13F +2,694RCG+0.35% CLUSTERUTHR-0.54% 13F +425CRWV+5.68% 13F +694CRM-1.97% 13F +1,019CVNA+1.58% 13F +795TPL-1.11% 13F +444NET-1.96% 13F +711MSTR-1.39% 13F +527DELL+1.50% 13F +1,204CRWD-0.87% 13F +1,383ANET+1.22% 13F +1,324COIN-4.18% 13F +475

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BKH

Name: BLACK HILLS CORP /SD/ (BKH) insider trading and ownership data
Creator: WaveMan
License: https://wave-man.com/terms

BLACK HILLS CORP /SD/

UTILITIES · ELECTRIC SERVICES · CIK 0001130464

SEC FILINGS☆ WATCH

INSIDER NET · 180D

-$305.0K

open-market buys minus sells, Form 4 codes P and S

INSIDER BUYERS · 180D

CONGRESS BUYERS · 1Y

FUNDS ADDED · QTR

256

13F, latest reported quarter

REVENUE GROWTH

+9.0%

XBRL, annual

NET MARGIN

12.8%

SEVEN FACTS, RANKED AGAINST THE SECTOR · RANK IS NOT A FORECAST

INSIDERS

net -$305.0K over 180 days

more than 52% of Utilities

CONGRESS

no member of Congress has reported trading it

FUNDS

256 funds added or opened last quarter

more than 57% of Utilities

REVENUE

+9.0% year over year

more than 53% of Utilities

MARGIN

12.8% net margin

more than 59% of Utilities

BUYBACKS

no share repurchases reported

SHORT

12.1% of shares outstanding short · 13.9 days to cover · settled 2026-07-31

more than 94% of Utilities

THE SITUATION · EVERY LINE IS ONE RULE OVER ONE DATASET

256 funds added or opened positions in the latest 13F quarter, of 479 holders.

The year, with the filings on it

Total return indexed to 100 over the last 12 months · every marker is a federal filing, placed at its date — hover any marker for the detail

TOTAL 12M RETURN +26.3%

+26.3%12M

INSIDER SELL

INDEXED RETURN, DIVIDEND-ADJUSTED — NOT A PRICE CHART · LARGE TRADES DRAWN FIRST WHEN A NAME FILES HEAVILY

Live price

Daily candles from TradingView, on their licence — no filings are marked on this one

WHY THIS NAME IS ON THE DESK

The complete filing record, in one place.

The record shows a net $305.0K sold by insiders over 180 days, 256 funds added last quarter. Every figure is a federal filing, dated the day it became public.

Backtest this pattern Open the screener

Same sector, ranked by filing activity

Sector from the SEC's own SIC classification

ED YORW OKLO CWST PCG QRHC RGCO WM VST TRGP ORA SMC

Insider transactions

Form 4 purchases and sales (codes P and S) — grants, option exercises and preferred conversions excluded

Over the last 180 days, BLACK HILLS CORP /SD/ insiders sold a net $305.0K of stock across 18 Form 4 purchases and sales, with 0 insider(s) buying. Source: SEC Form 4 filings, as of 2026-09-06.

INSIDER

FILED

VALUE

Otto Robert P

Director

SELL

2026-05-27

4,109.0

$305.0K

Nooney Kimberly F

SVP & CFO

SELL

2025-11-10

14,500.0

$1.0M

Roberts Rebecca B

Director

SELL

2024-05-30

776.0

$42.6K

Roberts Rebecca B

Director

SELL

2024-05-30

581.0

$31.9K

Roberts Rebecca B

Director

SELL

2024-05-30

200.0

$11.0K

18 TRANSACTIONS ON RECORD

Showing the most recent few. Create a free account to see 13 more transactions on record, the cross-source screener and CSV export. We store only your email address, and there is no password to create.

Institutional holders

13F · holdings as of the latest quarter funds have reported

BlackRock, Inc.

12,482,189.0 sh

$928.7M

VANGUARD PORTFOLIO MANAGEMENT LLC

5,141,103.0 sh

$382.5M

STATE STREET CORP

3,819,510.0 sh

$284.2M

VANGUARD CAPITAL MANAGEMENT LLC

3,428,442.0 sh

$255.1M

NOMURA ASSET MANAGEMENT INTERNATIONAL INC.

2,496,967.0 sh

$185.8M

SCHEDULE 13D/G

No 5%+ ownership filings

Nobody has crossed 5% with a filing obligation. Absence is a fact here, not missing data.

FORM 144

No planned-sale notices

No insider has notified an intent to sell. This is the panel to watch after a run-up.

Fund concentration

N-PORT · funds ranked by how much of THEMSELVES they put in this stock — the conviction number 13F cannot show

Bastion Energy ETF

$1.1M POSITION · AS OF 2026-02-27

3.6%

ICON UTILITIES AND INCOME FUND

$780.0K POSITION · AS OF 2026-03-31

3.3%

Mairs & Power Small Cap Fund

$6.8M POSITION · AS OF 2026-03-31

3.0%

Hunter Small Cap Value Fund

$1.7M POSITION · AS OF 2026-04-30

2.7%

Pear tree polaris small cap fund

$2.3M POSITION · AS OF 2026-03-31

2.5%

Thrivent Small Cap Value ETF

$3.6M POSITION · AS OF 2026-03-31

2.3%

SEC N-PORT, MONTHLY WITH A ~60-DAY PUBLIC LAG · FUNDS ≥ $10M · % = SHARE OF THE FUND'S OWN BOOK

Government contracts

USASpending.gov · total award ceilings over the contract's life, including awards won through subsidiaries — not annual revenue

Department Of Veterans Affairs

VISN 23 BLACK HILLS UESC · 2024-09-30

$50.6M

FEDERAL AWARDS ≥ $25M IN THE LAST 90 DAYS · MATCHED VIA SAM.GOV PARENT REGISTRY

Executive pay vs shareholder return

DEF 14A pay-versus-performance disclosure · both the headline pay and the SEC's mark-to-market figure, beside the return the company delivered and the return of the peer group it chose itself

CEO TOTAL

ACTUALLY PAID

OTHER NEOs AVG

TSR

PEER TSR

2025

$6.0M

$8.3M

$1.8M

+38%

+44%

2024

$5.8M

$5.2M

$1.2M

+11%

+29%

2023

$5.6M

$2.0M

$1.2M

-2%

+8%

2022

$4.5M

$1.2M

+23%

+18%

2021

$4.4M

$5.2M

$1.3M

+19%

+17%

TAGGED BY THE COMPANY UNDER SEC ITEM 402(v) · RETURN IS CUMULATIVE FROM THE START OF THE DISCLOSURE PERIOD · GREEN WHERE THE COMPANY BEAT ITS OWN PEER GROUP

Fundamentals

Annual figures from XBRL filings · pick a past date to see them exactly as the market knew them then — restatements and all

	2025-12	2024-12	2023-12	2022-12
REVENUE	$2.3B	$2.1B	$2.3B	$2.5B
OPERATING INCOME	$537.5M	$503.1M	$472.7M	$455.2M
NET INCOME	$291.6M	$273.1M	$262.2M	$258.4M
EPS (DILUTED)	3.98	3.91	3.91	3.97
OPERATING CASH FLOW	$673.4M	$719.3M	$944.4M	$584.8M
CASH	$182.8M	$16.1M	$86.6M	$21.4M
LONG-TERM DEBT	$4.7B	$4.3B	$3.8B	$3.6B
DIVIDENDS PAID	$197.9M	$182.3M	$168.1M	$156.7M

SEC XBRL · FISCAL-YEAR PERIODS · AS KNOWN ON 2026-09-06 · NOBODY ELSE SHOWS FUNDAMENTALS AS OF A PAST DATE