MGE ENERGY INC

Ticker: MGEE CUSIP: 55277P104 Class: EQTY

CWM, LLC's Holding History (CIK: 0001535847)

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

Q4 2025

Shares 10,330 Value ($000) $1 Avg Close $81.88 Range $77.46 - $87.44

Q3 2025

Shares 12,225 Value ($000) $1 Avg Close $84.55 Range $81.29 - $89.64

Q2 2025

Shares 11,698 Value ($000) $1 Avg Close $88.71 Range $82.64 - $92.70

Q1 2025

Shares 11,909 Value ($000) $1 Avg Close $89.24 Range $82.79 - $94.23

Q4 2024

Shares 13,280 Value ($000) $1 Avg Close $94.30 Range $85.20 - $106.47

Q3 2024

Shares 14,317 Value ($000) $1 Avg Close $83.06 Range $70.08 - $90.80

Q2 2024

Shares 14,830 Value ($000) $1 Avg Close $75.44 Range $70.99 - $79.58

Q1 2024

Shares 16,173 Value ($000) $1 Avg Close $67.28 Range $59.48 - $79.45

Q4 2023

Shares 17,521 Value ($000) $1 Avg Close $69.06 Range $62.00 - $72.73

Q3 2023

Shares 19,237 Value ($000) $1 Avg Close $71.95 Range $64.94 - $78.85

Q2 2023

Shares 20,782 Value ($000) $2 Avg Close $72.43 Range $66.60 - $76.55

Q1 2023

Shares 21,900 Value ($000) $2 Avg Close $67.95 Range $64.42 - $73.96

Q4 2022

Shares 20,497 Value ($000) $1 Avg Close $64.08 Range $57.39 - $69.26

Q3 2022

Shares 19,849 Value ($000) $1,303 Avg Close $72.70 Range $60.97 - $79.87

Q2 2022

Shares 20,531 Value ($000) $1,598 Avg Close $73.59 Range $68.07 - $78.29

Q1 2022

Shares 21,624 Value ($000) $1,725 Avg Close $69.83 Range $63.69 - $75.59

Q4 2021

Shares 25,012 Value ($000) $2,057 Avg Close $70.14 Range $65.70 - $75.65

Q2 2021

Shares 27,454 Value ($000) $2,044 Avg Close $67.43 Range $63.48 - $70.23

Q1 2021

Shares 27,454 Value ($000) $2,044 Avg Close $60.60 Range $56.56 - $65.90

Q4 2020

Shares 27,454 Value ($000) $2,044 Avg Close $61.71 Range $55.58 - $66.52

Q3 2020

Shares 27,454 Value ($000) $2,044 Avg Close $57.65 Range $53.32 - $60.81

Q2 2020

Shares 27,454 Value ($000) $2,044 Avg Close $57.78 Range $49.69 - $64.40

Q1 2020

Shares 27,454 Value ($000) $2,044 Avg Close $65.70 Range $41.69 - $73.22

Q4 2019

Shares 27,454 Value ($000) $2,044 Avg Close $67.55 Range $63.34 - $70.99

Q3 2019

Shares 27,454 Value ($000) $2,044 Avg Close $65.28 Range $61.70 - $70.77

Q2 2019

Shares 27,454 Value ($000) $2,044 Avg Close $59.70 Range $55.69 - $66.61

Q1 2019

Shares 27,454 Value ($000) $2,044 Avg Close $54.99 Range $48.93 - $59.48

Q4 2018

Shares 1,017 Value ($000) $61 Avg Close $54.78 Range $48.85 - $59.46

Q3 2018

Shares 1,017 Value ($000) $65 Avg Close $55.46 Range $52.83 - $58.38

Q2 2018

Shares 17 Value ($000) $1 Avg Close $49.58 Range $46.44 - $54.28

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	10,330	$1	$81.88	$77.46 - $87.44
Q3 2025	12,225	$1	$84.55	$81.29 - $89.64
Q2 2025	11,698	$1	$88.71	$82.64 - $92.70
Q1 2025	11,909	$1	$89.24	$82.79 - $94.23
Q4 2024	13,280	$1	$94.30	$85.20 - $106.47
Q3 2024	14,317	$1	$83.06	$70.08 - $90.80
Q2 2024	14,830	$1	$75.44	$70.99 - $79.58
Q1 2024	16,173	$1	$67.28	$59.48 - $79.45
Q4 2023	17,521	$1	$69.06	$62.00 - $72.73
Q3 2023	19,237	$1	$71.95	$64.94 - $78.85
Q2 2023	20,782	$2	$72.43	$66.60 - $76.55
Q1 2023	21,900	$2	$67.95	$64.42 - $73.96
Q4 2022	20,497	$1	$64.08	$57.39 - $69.26
Q3 2022	19,849	$1,303	$72.70	$60.97 - $79.87
Q2 2022	20,531	$1,598	$73.59	$68.07 - $78.29
Q1 2022	21,624	$1,725	$69.83	$63.69 - $75.59
Q4 2021	25,012	$2,057	$70.14	$65.70 - $75.65
Q2 2021	27,454	$2,044	$67.43	$63.48 - $70.23
Q1 2021	27,454	$2,044	$60.60	$56.56 - $65.90
Q4 2020	27,454	$2,044	$61.71	$55.58 - $66.52
Q3 2020	27,454	$2,044	$57.65	$53.32 - $60.81
Q2 2020	27,454	$2,044	$57.78	$49.69 - $64.40
Q1 2020	27,454	$2,044	$65.70	$41.69 - $73.22
Q4 2019	27,454	$2,044	$67.55	$63.34 - $70.99
Q3 2019	27,454	$2,044	$65.28	$61.70 - $70.77
Q2 2019	27,454	$2,044	$59.70	$55.69 - $66.61
Q1 2019	27,454	$2,044	$54.99	$48.93 - $59.48
Q4 2018	1,017	$61	$54.78	$48.85 - $59.46
Q3 2018	1,017	$65	$55.46	$52.83 - $58.38
Q2 2018	17	$1	$49.58	$46.44 - $54.28