Executive VP Winn Caroline Ann sold $724K of SRE shares at $90.55, reducing her direct holdings by 24% while the stock traded just 4% above its 90-day low. This third sale in a year with no other insider buyers and a pending earnings catalyst reinforces a pattern of executive selling despite the stock's depressed levels.

Where it could go — 36.4% of similar setups saw stocks higher at 90d; watch $87.10 as the bear break level.

Director Pablo Ferrero sold $233K worth of SRE shares, reducing his stake by 14.4% at a price just 0.6% above the 90-day low. This first-time sale near a low is atypical and suggests a lack of confidence, though it's isolated against a backdrop of 24 analysts with a STRONG BUY consensus.

Where it could go — Analyst mean target not provided; bear case if stock breaks the recent low of $88.97.

Chief Legal Counsel Diana L. Day sold $304,000 worth of shares, reducing her stake by 12.6% from a price just 2.8% above the 90-day low. This first-time sale near the low is a bearish initial signal, but its significance is muted by the lack of other selling insiders and the stock's STRONG BUY analyst consensus.

Where it could go — Analyst mean target not provided; bear case if stock breaks the recent low of $89.62.