8 Rivers Capital sells $366,959 in Net Power (NPWR) shares By Investing.com
8 Rivers Capital, LLC, a 10% owner and director of NET Power Inc. (), recently disposed of shares totaling approximately $366,959. The transactions occurred over three days, from July 28 to July 30, 2026. The stock currently trades at $1.47, down 72% from its 52-week high of $5.20, though InvestingPro analysis suggests the stock remains undervalued at current levels—placing it among opportunities on the platform’s Most Undervalued stocks list.
According to a recent SEC Form 4 filing, 8 Rivers Capital, LLC sold a total of 255,858 shares of Class A Common Stock. On July 28, 2026, 55,858 shares were sold at a weighted average price of $1.4721 per share, with prices ranging from $1.415 to $1.495. Another 45,000 shares were sold on July 29, 2026, at a weighted average price of $1.4073 per share, within a range of $1.40 to $1.41. The final reported sale on July 30, 2026, involved 155,000 shares at a weighted average price of $1.4284 per share, with prices ranging from $1.40 to $1.47. The overall price range for these sales was between $1.4073 and $1.4721.
Following these transactions, 8 Rivers Capital, LLC indirectly holds 2,500,000 shares of Class A Common Stock through NPEH, LLC. 8 Rivers Capital, LLC acts as manager and holds approximately 90.9% of NPEH, LLC. While it may be deemed a beneficial owner of NPEH’s securities, 8 Rivers Capital, LLC disclaims beneficial ownership beyond its pecuniary interest. Damian R. Beauchamp, who independently indirectly owns approximately 63.70% of 8 Rivers Capital, LLC and directly owns approximately 3.83%, may also be deemed an indirect beneficial owner of these securities to the extent of his pecuniary interest, similarly disclaiming beneficial ownership otherwise.
In other recent news, NET Power Inc. reported disappointing financial results for the first quarter of 2026. The company’s earnings per share (EPS) were reported at -$0.12, which was significantly lower than the forecasted -$0.0287. This resulted in a negative surprise of 318.12%, indicating a substantial miss in earnings expectations. These results are important for investors as they reflect the company’s financial performance and its ability to meet market expectations. While the stock experienced a decline following the announcement, it is crucial to focus on the earnings figures themselves. The earnings shortfall highlights the challenges NET Power Inc. faced in the first quarter. Investors and analysts will likely be watching closely for any strategic adjustments the company might make in response to these results.
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