Insider Selling at NRG Energy Inc. (NRG): Edward Muller Unloads 35,200 Shares

0

Edward Muller, Director at NRG Energy Inc. (NYSE:NRG), completed a disposition of 35,200 shares of Common Stock, par value $.01 per share yesterday. The stock was sold indirectly through a trust and for a weighted average price of $29.24 per share. On Monday the insider had already unloaded 48,000 shares through the same trust, for a weighted average price of $29.55 per share. However his largest disposition was recorded in March, when Muller sold 96,500 shares of Common Stock, par value $.01 per share for a price of $28.71 per share.

Insiders have been actively trading stock at the $9.85 billion market cap retail electricity firm this past quarter. At the beginning of July Denise Wilson, Executive Vice President and President of New Business at NRG, disposed of 68,668 shares of stock for a price of $36.67 per share.

Furthermore, several hedge funds increased the firm’s portfolio participation last quarter, such as Clint Carlson’s Carlson Capital, which bumped its stakes by 166% and now owns a total of 6.27 million company shares, worth $199.4 million.

Disclosure: none

Suggested Articles:

Cheapest Cities To Live In The World

Best Boarding Schools In the World

Share.