Elliott Associates, L.P. is the third biggest owner of NRG Energy, Inc. (NRG)

NRG Energy, Inc. (NYSE:NRG) enjoyed a 163.92% run-up in share price since hitting record low of $10.73. The stock managed 4.55% rise and now stands at $25.97 as of November 2, 2017. At recent session, the prices were hovering between $25.59 and $27.44. This company shares are 17.83% off its target price of $30.6 and the current market capitalization stands at $8.21B. The recent change has given its price a 4.43% lead over SMA 50 and -2.66% deficit over its 52-week high. The stock witnessed 0.78% gains, 6.22% gains and 72.79% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found NRG’s volatility during a week at 3.61% and during a month it has been found around 2.48%.

NRG Energy, Inc. (NRG) Top Holders

Institutional investors currently hold around $7.4 billion or 92.3% in NRG stock. Look at its top three institutional owners. Vanguard Group Inc owns $809.41 million in NRG Energy, Inc., which represents roughly 9.86% of the company’s market cap and approximately 10.94% of the institutional ownership. Similar statistics are true for the second largest owner, Price T Rowe Associates Inc /Md/, which owns 24,617,658 shares of the stock are valued at $611.5 million. The third largest holder is Elliott Associates, L.P., which currently holds $486.86 million worth of this stock and that ownership represents nearly 5.93% of its market capitalization.

NRG Energy, Inc. 13F Filings

At the end of 06/30/2017 reporting period, 180 institutional holders increased their position in NRG Energy, Inc. (NYSE:NRG) by some 45,656,262 shares, 181 decreased positions by 40,154,647 and 63 held positions by 211,935,888. That puts total institutional holdings at 297,746,797 shares, according to SEC filings. The stock grabbed 65 new institutional investments totaling 14,325,800 shares while 52 institutional investors sold out their entire positions totaling 2,577,699 shares.

NRG Energy, Inc. (NYSE:NRG) Insider Trades

Multiple company employees have indulged in significant insider trading. NRG Energy, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director Smitherman Barry T has acquired 20,787 shares of NRG Energy, Inc. (NRG) in trading session dated Mar. 16, 2017. These shares are worth $368,969 and were traded at $17.75 each. The SEC filing shows that Wilder John C Jr performed a purchase of 1,200,000 shares. The Director added these shares by way of transaction on Mar. 16, 2017. The company’s shares were assimilated at $17.47 per share worth to an investment of some $20,964,000 on account of Wilder John C Jr.

Director, Smitherman Barry T, purchased 11,750 common shares of NRG Energy, Inc. (NRG) in the open market. In a transaction dated Mar. 02, 2017, the shares were bought at an average price of $16.81, giving away a sum of $197,518. After this purchase, 19,213 common shares of NRG are directly owned by the insider, with total stake valued at $498,962.

In the transaction dated Aug. 16, 2016, the great number of shares acquired came courtesy the President & Chief Exec Officer; Gutierrez Mauricio added a total of 4,332 shares at an average price of $18.95, amounting to approximately $82,091. The insider now directly owns 313,608 shares worth $8,144,400.

NRG Energy, Inc. (NRG) Analyst Guide

Several analysts have released their opinion on NRG Energy, Inc. (NYSE:NRG), with 5 analysts believing it is a strong buy. Whereas 1 of them predict the stock is a hold. Also, there are 0 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.33 average brokerage recommendation.

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