Renaissance Technologies LLC lifted its position in NET Power Inc. (NYSE:NPWR – Free Report) by 644.0% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 703,800 shares of the company’s stock after acquiring an additional 609,200 shares during the period. Renaissance Technologies LLC’s holdings in NET Power were worth $1,098,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Schonfeld Strategic Advisors LLC acquired a new stake in NET Power in the fourth quarter valued at $25,000. Invesco Ltd. bought a new stake in NET Power in the second quarter valued at approximately $25,000. Summit Securities Group LLC acquired a new stake in shares of NET Power in the first quarter valued at approximately $30,000. Sei Investments Co. acquired a new stake in shares of NET Power in the second quarter valued at approximately $32,000. Finally, Quantbot Technologies LP bought a new position in shares of NET Power during the 3rd quarter worth approximately $39,000. 53.62% of the stock is owned by institutional investors.
More NET Power News
Here are the key news stories impacting NET Power this week:
- Neutral Sentiment: NET Power provided its second-quarter 2026 results and business update. The earnings-call transcript may offer additional details on the company’s project pipeline, commercialization plans and financial outlook, but no specific new catalyst was identified in the supplied report. Net Power Reports Second Quarter 2026 Results and Provides Business Update NET Power Q2 2026 Earnings Call Transcript
- Neutral Sentiment: The elevated trading volume suggests heightened investor attention following the earnings release and shareholder filings. NPWR was trading near $1.95, above its 50-day moving average of $1.60 but still below its 200-day moving average of $1.80 on a longer-term basis.
- Negative Sentiment: NET Power reported a second-quarter loss of $0.91 per share, substantially worse than analysts’ expected loss of $0.07. The $0.84-per-share miss highlights continued financial pressure and is the clearest fundamental negative in the latest news. NET Power Second-Quarter 2026 Earnings Release
- Negative Sentiment: Major shareholder 8 Rivers Capital sold a combined 757,100 shares from August 12 through August 14 for approximately $1.39 million. The transactions reduced its reported holdings by about 28.98% in the latest sale and may weigh on sentiment by signaling a significant reduction in exposure. 8 Rivers Capital SEC Ownership Filing
Insiders Place Their Bets
NET Power Price Performance
Shares of NYSE NPWR opened at $1.95 on Friday. The business has a fifty day moving average price of $1.61 and a two-hundred day moving average price of $1.80. The stock has a market capitalization of $436.49 million, a PE ratio of -0.30 and a beta of 1.07. NET Power Inc. has a fifty-two week low of $1.35 and a fifty-two week high of $5.20.
NET Power (NYSE:NPWR – Get Free Report) last released its earnings results on Thursday, August 13th. The company reported ($0.91) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.07) by ($0.84).
Analyst Ratings Changes
A number of research firms have commented on NPWR. Wall Street Zen cut shares of NET Power from a “sell” rating to a “strong sell” rating in a research report on Saturday, July 18th. Weiss Ratings raised shares of NET Power from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, NET Power has an average rating of “Hold” and a consensus price target of $3.50.
Check Out Our Latest Research Report on NET Power
About NET Power
NET Power, Inc is an energy technology company focused on developing and commercializing power generation plants that burn natural gas and other fuels with near-zero carbon emissions. The company’s core innovation is the proprietary Allam-Fetvedt Cycle, a supercritical carbon dioxide power cycle that captures all carbon dioxide produced during combustion without the need for separate carbon capture systems. By integrating gas combustion, heat exchange and carbon dioxide separation into a single closed-loop process, NET Power aims to deliver baseload power with efficiencies and emissions profiles competitive with conventional and renewable generation sources.
Since demonstrating its first full-scale Allam-Cycle facility in La Porte, Texas, NET Power has moved from pilot operation toward commercial deployment.
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