Key Points
- 8 Rivers Capital sold 507,100 NET Power shares at an average of $1.95, generating $988,845 and reducing its direct stake by 28.98% to 1,242,900 shares. The shareholder sold roughly 757,100 shares in related transactions over several days.
- NET Power shares rose 20.1% to $1.95, but the company reported a quarterly loss of $0.91 per share, substantially worse than analysts’ expected $0.07 loss.
- Analyst sentiment remains mixed, with the stock carrying an average “Hold” rating and a $3.50 price target; institutional investors own approximately 53.62% of the company.
NET Power Inc. (NYSE:NPWR - Get Free Report) major shareholder 8 Rivers Capital, Llc sold 50,000 shares of NET Power stock in a transaction that occurred on Wednesday, August 12th. The shares were sold at an average price of $1.63, for a total value of $81,500.00. Following the sale, the insider directly owned 1,950,000 shares in the company, valued at $3,178,500. The trade was a 2.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Major shareholders that own at least 10% of a company's shares are required to disclose their transactions with the SEC.
8 Rivers Capital, Llc also recently made the following trade(s):
- On Friday, August 14th, 8 Rivers Capital, Llc sold 507,100 shares of NET Power stock. The stock was sold at an average price of $1.95, for a total value of $988,845.00.
- On Thursday, August 13th, 8 Rivers Capital, Llc sold 200,000 shares of NET Power stock. The stock was sold at an average price of $1.62, for a total value of $324,000.00.
- On Tuesday, August 11th, 8 Rivers Capital, Llc sold 35,000 shares of NET Power stock. The shares were sold at an average price of $1.60, for a total value of $56,000.00.
- On Monday, August 10th, 8 Rivers Capital, Llc sold 55,400 shares of NET Power stock. The stock was sold at an average price of $1.55, for a total value of $85,870.00.
- On Friday, August 7th, 8 Rivers Capital, Llc sold 60,345 shares of NET Power stock. The shares were sold at an average price of $1.53, for a total value of $92,327.85.
- On Thursday, August 6th, 8 Rivers Capital, Llc sold 89,255 shares of NET Power stock. The shares were sold at an average price of $1.51, for a total transaction of $134,775.05.
- On Wednesday, August 5th, 8 Rivers Capital, Llc sold 140,000 shares of NET Power stock. The stock was sold at an average price of $1.51, for a total transaction of $211,400.00.
- On Tuesday, August 4th, 8 Rivers Capital, Llc sold 120,000 shares of NET Power stock. The stock was sold at an average price of $1.54, for a total transaction of $184,800.00.
- On Thursday, July 30th, 8 Rivers Capital, Llc sold 155,000 shares of NET Power stock. The shares were sold at an average price of $1.43, for a total transaction of $221,650.00.
- On Wednesday, July 29th, 8 Rivers Capital, Llc sold 45,000 shares of NET Power stock. The shares were sold at an average price of $1.41, for a total transaction of $63,450.00.
NET Power Stock Up 20.1%
NYSE:NPWR opened at $1.95 on Friday. The firm has a market cap of $436.49 million, a PE ratio of -0.30 and a beta of 1.07. NET Power Inc. has a 12 month low of $1.35 and a 12 month high of $5.20. The company's 50-day moving average price is $1.61 and its two-hundred day moving average price is $1.80.
NET Power (NYSE:NPWR - Get Free Report) last posted its quarterly earnings data on Thursday, August 13th. The company reported ($0.91) earnings per share for the quarter, missing the consensus estimate of ($0.07) by ($0.84).
Wall Street Analyst Weigh In
Several brokerages have issued reports on NPWR. Weiss Ratings upgraded NET Power from a "sell (e+)" rating to a "sell (d-)" rating in a research report on Tuesday. Wall Street Zen cut NET Power from a "sell" rating to a "strong sell" rating in a report on Saturday, July 18th. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $3.50.
View Our Latest Research Report on NET Power
NET Power News Roundup
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
Institutional Investors Weigh In On NET Power
Several hedge funds and other institutional investors have recently added to or reduced their stakes in NPWR. Invesco Ltd. acquired a new position in shares of NET Power during the second quarter worth approximately $25,000. Schonfeld Strategic Advisors LLC bought a new stake in shares of NET Power during the fourth quarter valued at approximately $25,000. Sei Investments Co. acquired a new stake in shares of NET Power in the second quarter valued at approximately $32,000. Quantbot Technologies LP bought a new position in NET Power in the 3rd quarter worth approximately $39,000. Finally, JPMorgan Chase & Co. lifted its holdings in NET Power by 48.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 16,047 shares of the company's stock worth $40,000 after buying an additional 5,255 shares in the last quarter. Institutional investors and hedge funds own 53.62% of the company's stock.
About NET Power
(
Get Free Report)
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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