Oppenheimer Asset Management Inc. significantly increased its stake in NRG Energy, Inc. during the third quarter, now holding 24,896 shares valued at $4.03 million. This comes as NRG Energy authorized a $3.0 billion share buyback and raised its quarterly dividend. Despite some insider selling totaling over $30 million, institutional investors and hedge funds maintain a strong presence in the company.
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Oppenheimer Asset Management Inc. Has $4.03 Million Holdings in NRG Energy, Inc. $NRG
Oppenheimer Asset Management Inc. significantly increased its stake in NRG Energy, Inc. during the third quarter, now holding 24,896 shares valued at $4.03 million. This comes as NRG Energy authorized a $3.0 billion share buyback and raised its quarterly dividend. Despite some insider selling totaling over $30 million, institutional investors and hedge funds maintain a strong presence in the company.