Fox Run Management L.L.C. Invests $137,000 in NET Power Inc. (NYSE:NPWR)

Fox Run Management L.L.C. acquired a new position in NET Power Inc. (NYSE:NPWR) during the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 12,904 shares of the company’s stock, valued at approximately $137,000.

A number of other large investors have also recently made changes to their positions in the stock. Raymond James Financial Inc. bought a new stake in NET Power during the 4th quarter worth approximately $1,264,000. Geode Capital Management LLC lifted its stake in shares of NET Power by 21.7% during the 3rd quarter. Geode Capital Management LLC now owns 646,584 shares of the company’s stock valued at $4,535,000 after buying an additional 115,189 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in NET Power by 176.3% in the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 155,088 shares of the company’s stock worth $1,642,000 after buying an additional 98,952 shares during the period. S&CO Inc. increased its stake in NET Power by 35.5% in the 4th quarter. S&CO Inc. now owns 341,405 shares of the company’s stock worth $3,615,000 after buying an additional 89,500 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in NET Power by 24.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 244,852 shares of the company’s stock valued at $1,716,000 after acquiring an additional 48,165 shares during the period. 53.62% of the stock is owned by hedge funds and other institutional investors.

NET Power Stock Down 0.9 %

NYSE NPWR opened at $2.70 on Friday. NET Power Inc. has a 52 week low of $2.28 and a 52 week high of $14.28. The company has a fifty day moving average of $6.55 and a two-hundred day moving average of $8.42.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on NPWR shares. Citigroup raised NET Power from a “neutral” rating to a “buy” rating and lowered their price target for the stock from $14.00 to $6.00 in a report on Tuesday, March 11th. Barclays lowered their target price on shares of NET Power from $11.00 to $3.00 and set an “equal weight” rating on the stock in a report on Wednesday, March 12th.

About NET Power

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.