12,904 Shares in NET Power Inc. (NYSE:NPWR) Purchased by Fox Run Management L.L.C.

Fox Run Management L.L.C. acquired a new stake in shares of NET Power Inc. (NYSE:NPWR) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 12,904 shares of the company’s stock, valued at approximately $137,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Dynamic Technology Lab Private Ltd purchased a new stake in shares of NET Power during the third quarter valued at approximately $82,000. MetLife Investment Management LLC lifted its position in NET Power by 129.1% in the 3rd quarter. MetLife Investment Management LLC now owns 12,922 shares of the company’s stock valued at $91,000 after acquiring an additional 7,281 shares in the last quarter. Janney Montgomery Scott LLC purchased a new stake in NET Power during the 4th quarter valued at $108,000. Quest Partners LLC purchased a new position in shares of NET Power in the third quarter worth $153,000. Finally, Handelsbanken Fonder AB bought a new position in shares of NET Power during the fourth quarter valued at $175,000. 53.62% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on NPWR shares. Citigroup upgraded NET Power from a “neutral” rating to a “buy” rating and reduced their price objective for the stock from $14.00 to $6.00 in a report on Tuesday, March 11th. Barclays decreased their price objective on shares of NET Power from $11.00 to $3.00 and set an “equal weight” rating for the company in a report on Wednesday, March 12th.

NET Power Stock Performance

NPWR stock opened at $2.70 on Friday. NET Power Inc. has a 1 year low of $2.28 and a 1 year high of $14.28. The stock’s fifty day moving average price is $6.55 and its 200-day moving average price is $8.42.

NET Power Profile

NET Power Inc operates as a clean energy technology company. The company invents, develops, and licenses clean power generation technology. NET Power Inc was founded in 2010 and is headquartered in Durham, North Carolina.