Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. NRG Energy Inc shares valued at $1,952,600 were sold by Chung Bruce on Jan 13 ’25. At $97.63 per share, Chung Bruce sold 20,000 shares. The insider’s holdings dropped to 69,454 shares worth approximately $7.15 million following the completion of this transaction.
Also, WOO-SUNG CHUNG purchased 20,000 shares, netting a total of over 1,952,618 in proceeds.
Before that, Gaudette Robert J had sold 60,000 shares from its account. In a trade valued at $5,484,600, the Exec VP, NRG Business traded NRG Energy Inc shares for $91.41 each. Upon closing the transaction, the insider’s holdings decreased to 60,000 shares, worth approximately $6.63 million.
As published in a research note from Evercore ISI on January 21, 2025, NRG Energy Inc [NRG] has been rated up from an In-line to an Outperform and the price target has been revised to $126 from $74. Analysts at Jefferies upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in late November. As of September 13, 2024, Jefferies has initiated its “Hold” rating for NRG. Earlier on January 23, 2024, Wells Fargo initiated its rating. Their recommendation was “an Overweight” for NRG stock.
Analyzing NRG Stock Performance
During the last five days, there has been a surge of approximately 2.30%. Over the course of the year, NRG Energy Inc shares have jumped approximately 14.03%. Shares of the company reached a 52-week high of $115.38 on 01/22/25 and a 52-week low of $90.38 on 01/02/25. A 50-day SMA is recorded $98.45, while a 200-day SMA reached $86.20. Nevertheless, trading volume fell to 1.93 million shares from 1.75 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 101.23, which, if violated, would cause prices to drop to 99.58. In the upper region, resistance lies at 104.37. The next price resistance is at 105.85. RSI (Relative Strength Index) is 52.44 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.52, which suggests the price will decrease in the coming days. Percent R is at 60.77%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
