Blake Denton, the SVP of $NE, sold 29,729 shares of the company on 09-08-2025 for an estimated $885,329. We received data on the trade from a recent SEC filing. This was a sale of approximately 26.3% of their shares of this class of stock. Following this trade, they now own 83,182 shares of this class of $NE stock.
$NE Insider Trading Activity
$NE insiders have traded $NE stock on the open market 3 times in the past 6 months. Of those trades, 0 have been purchases and 3 have been sales.
Here’s a breakdown of recent trading of $NE stock by insiders over the last 6 months:
- JOEY M KAWAJA (SVP, Operations) sold 35,000 shares for an estimated $1,001,700
- BLAKE DENTON (SVP, Marketing & Contracts) sold 29,729 shares for an estimated $885,329
- JENNIE HOWARD (SVP, Gen. Counsel & Corp. Sec.) sold 808 shares for an estimated $19,521
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$NE Hedge Fund Activity
We have seen 194 institutional investors add shares of $NE stock to their portfolio, and 174 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CLEARBRIDGE INVESTMENTS, LLC removed 3,950,714 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $93,631,921
- CAPITAL RESEARCH GLOBAL INVESTORS removed 1,881,100 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $44,582,070
- SOURCEROCK GROUP LLC added 1,157,756 shares (+28.8%) to their portfolio in Q2 2025, for an estimated $30,738,421
- THRIVENT FINANCIAL FOR LUTHERANS removed 1,071,562 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $28,449,971
- NEUBERGER BERMAN GROUP LLC added 954,843 shares (+76.6%) to their portfolio in Q2 2025, for an estimated $25,351,081
- VAN ECK ASSOCIATES CORP removed 884,265 shares (-36.0%) from their portfolio in Q2 2025, for an estimated $23,477,235
- PALOMA PARTNERS MANAGEMENT CO removed 852,561 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $20,205,695
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$NE Analyst Ratings
Wall Street analysts have issued reports on $NE in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Barclays issued a "Overweight" rating on 08/13/2025
- JP Morgan issued a "Overweight" rating on 05/28/2025
- BTIG issued a "Buy" rating on 05/05/2025
To track analyst ratings and price targets for $NE, check out Quiver Quantitative's $NE forecast page.
$NE Price Targets
Multiple analysts have issued price targets for $NE recently. We have seen 6 analysts offer price targets for $NE in the last 6 months, with a median target of $32.0.
Here are some recent targets:
- Eddie Kim from Barclays set a target price of $32.0 on 08/13/2025
- James West from Evercore ISI Group set a target price of $36.0 on 08/08/2025
- Charles Minervino from Susquehanna set a target price of $32.0 on 08/07/2025
- Scott Gruber from Citigroup set a target price of $32.0 on 07/10/2025
- Arun Jayaram from JP Morgan set a target price of $30.0 on 05/28/2025
- Greg Lewis from BTIG set a target price of $30.0 on 05/05/2025
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
