12 Large-Cap Stocks Insiders Were Buying in Q1 2025 Before Trump’s Tariff Shockwave

10. PG&E Corporation (NYSE:PCG)

Market cap: $38.55 billion

PG&E Corporation, based in Oakland, California, is one of the largest utility providers in the U.S., supplying electricity and natural gas across northern and central California. The company generates power from a mix of sources, including nuclear, hydro, and solar. Despite recent stock pressure following wildfires outside its service area, some investors believe PG&E is undervalued, especially with projected earnings growth of 10% in 2025 and a restructured foundation post-2019 bankruptcy.

During the first quarter, five insiders acquired approximately $321,912 worth of PG&E shares at an average price of $15.82 per share. The stock now trades at $17.54 per share, having dropped 13.08% year-to-date. However, over the past 12 months, the stock returned 3.18% to its investors.

In Q1 2025, PG&E Corporation reported GAAP earnings of $607 million, or $0.28 per share, down from $732 million, or $0.34 per share, in Q1 2024. The decline was mainly due to a lower allowed return on equity and the dilutive impact of a 2024 equity offering. Despite this, the company remains focused on cutting non-fuel operating costs and improving efficiency to stay on track with its 2025 earnings goals.

PG&E is also one of the 13 best utility stocks to buy according to analysts.