GAMMA Investing LLC acquired a new position in GE Vernova Inc. (NYSE:GEV – Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 4,526 shares of the company’s stock, valued at approximately $776,000.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Maryland State Retirement & Pension System bought a new position in GE Vernova during the first quarter valued at approximately $2,892,000. Price T Rowe Associates Inc. MD bought a new position in GE Vernova during the first quarter valued at approximately $367,474,000. Anderson Hoagland & Co. bought a new position in GE Vernova during the first quarter valued at approximately $1,720,000. Armstrong Henry H Associates Inc. bought a new position in GE Vernova during the second quarter valued at approximately $523,000. Finally, Nwam LLC bought a new position in GE Vernova during the first quarter valued at approximately $1,531,000.
GE Vernova Stock Down 1.6 %
GEV traded down $2.69 during trading on Monday, hitting $162.04. 2,545,333 shares of the stock were exchanged, compared to its average volume of 4,144,081. The stock has a 50 day moving average price of $172.19. GE Vernova Inc. has a 1 year low of $115.00 and a 1 year high of $185.50.
Analyst Upgrades and Downgrades
Get Our Latest Stock Report on GE Vernova
GE Vernova Profile
GE Vernova LLC, an energy business company, generates electricity. It operates under three segments: Power, Wind, and Electrification. The Power segments generates and sells electricity through hydro, gas, nuclear, and steam power. Wind segment engages in the manufacturing and sale of wind turbine blades; and Electrification segment provides grid solutions, power conversion, solar, and storage solutions.
Recommended Stories
- Five stocks we like better than GE Vernova
- Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index
- Arm Holdings: Does the 42% Drop Signal an AI Buying Opportunity?
- Comparing and Trading High PE Ratio Stocks
- Texas Roadhouse Stampedes On EPS Beat as Comp Sales Surge 9.3%
- How to Effectively Use the MarketBeat Ratings Screener
- Why Warren Buffett Just Sold Half His Stake in Apple Stock
Receive News & Ratings for GE Vernova Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GE Vernova and related companies with MarketBeat.com's FREE daily email newsletter.