Which insiders are trading NRG Energy, Inc. (NRG)?

NRG Energy, Inc. (NYSE:NRG) is now up 149.64% compared to a 12-month low of $10.98. We have seen the price to move -1.93% lower and get settled at $27.41 on 12/04/2017. At recent session, it appeared stuck in a range of $27.34 to $28.14. This company shares are 17.66% off its target price of $32.25 and the current market capitalization stands at $8.85B. The recent change has given its price a 2.88% lead over SMA 50 and -7.96% deficit over its 52-week high. The stock witnessed 5.54% gains, 12.34% gains and 63.35% 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 2.76% and during a month it has been found around 2.69%.

NRG Energy, Inc. (NRG) Top Holders

Institutional investors currently hold around $8.76 billion or 0% in NRG stock. Look at its top three institutional owners. Vanguard Group Inc owns $936.22 million in NRG Energy, Inc., which represents roughly 10.58% of the company’s market cap and approximately 10.69% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 18,033,183 shares of the stock are valued at $504.03 million. The third largest holder is Price T Rowe Associates Inc /Md/, which currently holds $467.76 million worth of this stock and that ownership represents nearly 5.29% of its market capitalization.

NRG Energy, Inc. 13F Filings

At the end of 09/30/2017 reporting period, 169 institutional holders increased their position in NRG Energy, Inc. (NYSE:NRG) by some 67,631,886 shares, 212 decreased positions by 51,564,813 and 47 held positions by 194,129,343. That puts total institutional holdings at 313,326,042 shares, according to SEC filings. The stock grabbed 66 new institutional investments totaling 22,853,190 shares while 58 institutional investors sold out their entire positions totaling 8,897,711 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 2,541 shares of NRG Energy, Inc. (NRG) in trading session dated Nov. 06, 2017. These shares are worth $72,114 and were traded at $28.38 each. The SEC filing shows that Smitherman Barry T performed a purchase of 20,787 shares. The Director added these shares by way of transaction on Mar. 16, 2017. The company’s shares were assimilated at $17.75 per share worth to an investment of some $368,969 on account of Smitherman Barry T.

Director, Wilder John C Jr, purchased 1,200,000 common shares of NRG Energy, Inc. (NRG) in the open market. In a transaction dated Mar. 16, 2017, the shares were bought at an average price of $17.47, giving away a sum of $20,964,000. After this purchase, 17,565,188 common shares of NRG are directly owned by the insider, with total stake valued at $481,461,803.

In the transaction dated Mar. 02, 2017, the great number of shares acquired came courtesy the Director; Smitherman Barry T added a total of 11,750 shares at an average price of $16.81, amounting to approximately $197,518. The insider now directly owns 19,213 shares worth $526,628.

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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