The SVP, Chief Accounting Offficer of NRG Energy (NYSE: NRG) is Selling Shares

By Carrie Williams

Today, the SVP, Chief Accounting Offficer of NRG Energy (NRGResearch Report), David Callen, sold shares of NRG for $1.72M.

Following David Callen’s last NRG Sell transaction on August 07, 2018, the stock climbed by 8.9%.

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NRG’s market cap is $12.21B and the company has a P/E ratio of 22.66. Currently, NRG Energy has an average volume of 5.87M.

Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $46.00, reflecting a 9.9% upside.

The insider sentiment on NRG Energy has been negative according to 106 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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NRG Energy, Inc. engages in the production, sale, and distribution of energy and energy services. Its wholesale operations include plant operations, commercial operations, EPC, energy services and other critical related functions. It operates through the following segments: Generation, Retail, and Corporate.