NRG Energy SVP Gerald Spencer sells $191,069 of common stock
NRG Energy's Senior Vice President and Chief Accounting Officer, Gerald Spencer, sold 1,580 shares of the company's stock on September 8, 2026, for a total of $191,069. The shares were sold at an average price of $120.93 per share, following a pre-approved trading plan adopted in June 2026. Post-sales, Spencer retains ownership of 6,213 shares of NRG Energy common stock.
At present, NRG stock is trading near its 52-week low of $108.34, currently priced at $115.37, which is lower than the $120.93 weighted average sale price at which Spencer sold his shares. The analysis suggests the stock may be overvalued at its current price. NRG Energy's market capitalization stands at $24.3 billion, with a price-to-earnings ratio of 29.71.
Investors seeking a comprehensive understanding of NRG's valuation can refer to InvestingPro's detailed Pro Research Report for this and more than 1,400 other US equities. Recently, NRG Energy announced its second-quarter 2026 earnings, with adjusted earnings per share amounting to $1.49, below the estimated $1.82. Despite this shortfall in earnings, revenue exceeded expectations at $7.48 billion.
Additionally, the company unveiled a substantial new data-center power project in Texas. Analysts at Citi have noted NRG Energy as among the utility stocks exhibiting heightened implied volatility as the third quarter of 2026 approaches its end, alongside firms such as PG&E Corp, Constellation Energy, Edison International, and Ormat Technologies.
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