Rasesh Patel, President of NRG Consumer, executed a sale of 102,603 shares of NRG Energy Inc (NRG, Financial) on September 13, 2024. The transaction was reported in a recent SEC Filing. Following this transaction, the insider now owns 163,680 shares of the company.
NRG Energy Inc operates as an integrated power company in the United States. The company is involved in the production, sale, and distribution of energy and energy services. The company's portfolio includes natural gas, coal, oil, nuclear, and renewable resources.
Over the past year, Rasesh Patel has sold a total of 176,241 shares of the company and has not made any purchases. This recent sale continues a trend observed over the past year, where there have been four insider sells and no insider buys.
On the day of the sale, shares of NRG Energy Inc were priced at $80.35. The company's market cap was reported to be $16.78 billion. NRG Energy Inc's price-earnings ratio stands at 8.93, which is below both the industry median of 15.43 and the company’s historical median.
According to the GF Value, an intrinsic value estimate calculated by GuruFocus, NRG Energy Inc is significantly overvalued with a price-to-GF-Value ratio of 1.68. The GF Value of $47.97 suggests a potential overvaluation in comparison to the current trading price.
The valuation metrics and insider transaction trends provide a snapshot of NRG Energy Inc's financial position and insider confidence, which can be useful for investors tracking insider behaviors and company performance.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
