LSV Asset Management significantly reduced its stake in NRG Energy, selling over 1 million shares in Q3, now holding 455,956 shares valued at $73.84 million. Despite insider selling, NRG Energy has authorized a $3.0 billion share buyback and increased its quarterly dividend, signaling management’s confidence. Analyst consensus rates NRG as a “Moderate Buy” with an average price target of $184.91.
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LSV Asset Management Sells 1,098,044 Shares of NRG Energy, Inc. $NRG
LSV Asset Management significantly reduced its stake in NRG Energy, selling over 1 million shares in Q3, now holding 455,956 shares valued at $73.84 million. Despite insider selling, NRG Energy has authorized a $3.0 billion share buyback and increased its quarterly dividend, signaling management’s confidence. Analyst consensus rates NRG as a “Moderate Buy” with an average price target of $184.91.