Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. NRG Energy Inc shares valued at $101,437 were purchased by Elisabeth Donohue on Nov 14 ’24. At $93.75 per share, Elisabeth Donohue acquired 1,082 shares.
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Also, Patel Rasesh M. sold 102,603 shares, netting a total of over 8,244,151 in proceeds. Following the sale of shares at $80.35 each, the insider now holds 163,680 shares.
Before that, Patel Rasesh M. had sold 24,546 shares from its account. In a trade valued at $2,047,382, the President, NRG Consumer traded NRG Energy Inc shares for $83.41 each. Upon closing the transaction, the insider’s holdings decreased to 24,546 shares, worth approximately $25.78 million.
As published in their initiating research note from Jefferies on September 13, 2024, NRG Energy Inc [NRG] has been a Hold and the price target has been revised to $82. Analysts at Wells Fargo started covering the stock with ‘”an Overweight”‘ outlook in a report released in late January. As of November 06, 2023, UBS has increased its “Sell” rating to a “Neutral” for NRG. Earlier on November 01, 2023, Guggenheim upgraded its rating. Their new recommendation was “a Buy” for NRG stock which previously was a “a Neutral”.
Analyzing NRG Stock Performance
During the last five days, there has been a surge of approximately 5.73%. Over the course of the year, NRG Energy Inc shares have jumped approximately 87.41%. Shares of the company reached a 52-week high of $102.84 on 11/08/24 and a 52-week low of $50.23 on 01/11/24. A 50-day SMA is recorded $89.78, while a 200-day SMA reached $77.44. Nevertheless, trading volume fell to 2.48 million shares from 1.86 million shares the previous day.
Support And Resistance Levels for NRG Energy Inc (NRG)
According to the 24-hour chart, there is a support level at 95.03, which, if violated, would cause prices to drop to 93.18. In the upper region, resistance lies at 98.11. The next price resistance is at 99.33. RSI (Relative Strength Index) is 63.97 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.07, which suggests the price will increase in the coming days. Percent R is at 33.83%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
