John Wilder (Director since 2021; former CEO at TXU, CFO at Entergy, Director NRG) purchased $2.5 million worth of stock at $63.61, increasing his indirect holdings to 2.3 million shares. The purchase follows a $113 million purchase in April at $49.87 on a subscription.
The purchases are on behalf of Bluescape Energy Partners which also owns 4 million warrants. We ranked this stock +N on September 24th based on $500,000 purchases from David Campbell (CEO) and Kirkland Andrew (CFO). We now have three large purchases from insiders, all paying up from prior purchases.
We are upgrading the stock further, from +N to +1.