BLACK HILLS CORP

Ticker: BKH CUSIP: 092113109 Class: COM

JOHN G ULLMAN & ASSOCIATES INC's Holding History (CIK: 0000919530)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 51,391 Value ($000) $3,568 Avg Close $66.47 Range $58.20 - $73.32

Q3 2025

Shares 52,291 Value ($000) $3,221 Avg Close $57.38 Range $54.13 - $60.96

Q2 2025

Shares 52,941 Value ($000) $2,970 Avg Close $56.47 Range $52.67 - $59.65

Q1 2025

Shares 53,891 Value ($000) $3,268 Avg Close $56.47 Range $52.15 - $59.45

Q4 2024

Shares 55,591 Value ($000) $3,253 Avg Close $57.33 Range $53.67 - $62.19

Q3 2024

Shares 58,516 Value ($000) $3,576 Avg Close $54.39 Range $49.37 - $58.14

Q2 2024

Shares 59,984 Value ($000) $3,262 Avg Close $50.26 Range $46.53 - $53.93

Q1 2024

Shares 56,842 Value ($000) $3,104 Avg Close $47.73 Range $44.68 - $50.77

Q4 2023

Shares 46,880 Value ($000) $2,529 Avg Close $46.16 Range $41.54 - $51.76

Q3 2023

Shares 130,255 Value ($000) $6,590 Avg Close $50.50 Range $44.92 - $54.81

Q2 2023

Shares 126,410 Value ($000) $7,617 Avg Close $55.83 Range $52.26 - $58.57

Q1 2023

Shares 127,530 Value ($000) $8 Avg Close $57.47 Range $51.53 - $64.19

Q4 2022

Shares 130,530 Value ($000) $9 Avg Close $58.05 Range $50.78 - $62.96

Q3 2022

Shares 131,270 Value ($000) $8,891 Avg Close $64.21 Range $58.14 - $68.58

Q2 2022

Shares 132,950 Value ($000) $9,675 Avg Close $63.81 Range $56.66 - $68.52

Q1 2022

Shares 158,333 Value ($000) $12,195 Avg Close $58.63 Range $54.02 - $65.73

Q4 2021

Shares 161,333 Value ($000) $11,385 Avg Close $55.40 Range $51.95 - $59.51

Q3 2021

Shares 161,883 Value ($000) $10,160 Avg Close $56.46 Range $51.50 - $60.51

Q2 2021

Shares 162,500 Value ($000) $10,665 Avg Close $55.86 Range $53.24 - $58.36

Q1 2021

Shares 164,300 Value ($000) $10,970 Avg Close $50.63 Range $47.19 - $55.19

Q4 2020

Shares 105,000 Value ($000) $6,452 Avg Close $48.27 Range $42.45 - $52.98

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	51,391	$3,568	$66.47	$58.20 - $73.32
Q3 2025	52,291	$3,221	$57.38	$54.13 - $60.96
Q2 2025	52,941	$2,970	$56.47	$52.67 - $59.65
Q1 2025	53,891	$3,268	$56.47	$52.15 - $59.45
Q4 2024	55,591	$3,253	$57.33	$53.67 - $62.19
Q3 2024	58,516	$3,576	$54.39	$49.37 - $58.14
Q2 2024	59,984	$3,262	$50.26	$46.53 - $53.93
Q1 2024	56,842	$3,104	$47.73	$44.68 - $50.77
Q4 2023	46,880	$2,529	$46.16	$41.54 - $51.76
Q3 2023	130,255	$6,590	$50.50	$44.92 - $54.81
Q2 2023	126,410	$7,617	$55.83	$52.26 - $58.57
Q1 2023	127,530	$8	$57.47	$51.53 - $64.19
Q4 2022	130,530	$9	$58.05	$50.78 - $62.96
Q3 2022	131,270	$8,891	$64.21	$58.14 - $68.58
Q2 2022	132,950	$9,675	$63.81	$56.66 - $68.52
Q1 2022	158,333	$12,195	$58.63	$54.02 - $65.73
Q4 2021	161,333	$11,385	$55.40	$51.95 - $59.51
Q3 2021	161,883	$10,160	$56.46	$51.50 - $60.51
Q2 2021	162,500	$10,665	$55.86	$53.24 - $58.36
Q1 2021	164,300	$10,970	$50.63	$47.19 - $55.19
Q4 2020	105,000	$6,452	$48.27	$42.45 - $52.98