NRG Energy Inc’s filing revealed that its EVP & CFO Chung Bruce unloaded Company’s shares for reported $1.95 million on Jan 13 ’25. In the deal valued at $97.63 per share,20,000 shares were sold. As a result of this transaction, Chung Bruce now holds 69,454 shares worth roughly $7.75 million.
Then, WOO-SUNG CHUNG bought 20,000 shares, generating $1,952,618 in total proceeds.
Before that, Gaudette Robert J sold 60,000 shares. NRG Energy Inc shares valued at $5,484,600 were divested by the Exec VP, NRG Business at a price of $91.41 per share. As a result of the transaction, Gaudette Robert J now holds 64,448 shares, worth roughly $7.19 million.
Evercore ISI upgraded its NRG Energy Inc [NRG] rating to an Outperform from a an In-line in a research note published on January 21, 2025; the price target was increased to $126 from $74. A number of analysts have revised their coverage, including Jefferies’s analysts, who increased its forecast for the stock in late November from “a Hold” to “a Buy”. Jefferies began covering NRG with “Hold” recommendation on September 13, 2024. Wells Fargo started covering the stock on January 23, 2024. It rated NRG as “an Overweight”.
Price Performance Review of NRG
On Tuesday, NRG Energy Inc [NYSE:NRG] saw its stock jump 6.74% to $111.55. Over the last five days, the stock has gained 14.76%. NRG Energy Inc shares have risen nearly 23.64% since the year began. Nevertheless, the stocks have risen 118.90% over the past one year. While a 52-week high of $106.65 was reached on 01/21/25, a 52-week low of $50.43 was recorded on 01/02/25. SMA at 50 days reached $96.13, while 200 days put it at $84.49.
Levels Of Support And Resistance For NRG Stock
The 24-hour chart illustrates a support level at 108.19, which if violated will result in even more drops to 104.83. On the upside, there is a resistance level at 113.85. A further resistance level may holdings at 116.14. The Relative Strength Index (RSI) on the 14-day chart is 72.42, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 8.06, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 5.35%. Stochastics %K at 89.80% indicates the stock is a selling.
How much short interest is there in NRG Energy Inc?
A steep rise in short interest was recorded in NRG Energy Inc stocks on 2024-12-31, growing by 1.64 million shares to a total of 11.21 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 9.57 million shares. There was a rise of 14.6%, which implies that there is a positive sentiment for the stock.
