S&CO Inc. Acquires 89,500 Shares of NET Power Inc. (NYSE:NPWR)

S&CO Inc. lifted its position in shares of NET Power Inc. (NYSE:NPWR) by 35.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 341,405 shares of the company’s stock after purchasing an additional 89,500 shares during the quarter. S&CO Inc. owned 0.16% of NET Power worth $3,615,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Argentarii LLC acquired a new position in shares of NET Power during the fourth quarter worth approximately $248,000. Raymond James Financial Inc. bought a new position in shares of NET Power during the 4th quarter worth $1,264,000. Kapstone Financial Advisors LLC bought a new position in NET Power in the 4th quarter worth about $184,000. Charles Schwab Investment Management Inc. boosted its stake in NET Power by 12.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 275,812 shares of the company’s stock worth $2,921,000 after purchasing an additional 30,960 shares during the period. Finally, Los Angeles Capital Management LLC bought a new position in NET Power in the 4th quarter worth about $181,000. 53.62% of the stock is owned by institutional investors and hedge funds.

NET Power Stock Performance

Shares of NYSE NPWR opened at $2.62 on Tuesday. NET Power Inc. has a 52 week low of $2.28 and a 52 week high of $14.28. The business has a 50-day simple moving average of $8.49 and a two-hundred day simple moving average of $8.92.

NET Power Company 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.