On Friday, NorthWestern Corporation (NYSE:NWE) awarded stock grants to three of its insiders. The grants varied in value and company Director Linn Draper Jr. received the largest sum, with 676 shares of Common Stock at an estimated value of $31,244.72. Furthermore, Philip Maslowe, also Director at the $1.79 billion market cap natural gas and electricity provider, received 319 shares of Common Stock, worth $14,744.18. Company Director, Stephen Adik, received the last stock grant of 130 shares in Common Stock for a total value of $6,008.60.
While insider trading has been stagnant at NorthWestern this fiscal year, hedge fund holdings have shown some interesting movement. Some shareholders, such as Jim Simons’ Renaissance Technologies, increased the firm’s portfolio activity by 226% and now owns 64,847 company shares, worth approximately $3 million. However, on the other hand, Cliff Asness decreased the company’s portfolio activity at Aqr Capital Management by 38% last quarter, leaving his total shares at 102,648, with an estimated value of $4.8 million.