Watts Water Technologies president sells $394k in stock By Investing.com
Net Power director 8 Rivers Capital sells $234,144 in class A stock By Investing.com

8 Rivers Capital, LLC, a director and 10% owner of Net Power Inc. (), recently sold a total of 150,745 shares of the company’s Class A Common Stock across multiple transactions in early August 2026. The sales amounted to approximately $234,144. The stock currently trades at $1.62, down 29% year-to-date and 44% over the past year, though InvestingPro analysis suggests the company remains undervalued at current levels.
The transactions occurred on three separate dates:
On August 7, 2026, 8 Rivers Capital disposed of 60,345 shares at a weighted average price of $1.5259 per share. These shares were sold in multiple trades with prices ranging from $1.50 to $1.55.
On August 10, 2026, an additional 55,400 shares were sold at a weighted average price of $1.5537. The individual sale prices for this transaction ranged from $1.525 to $1.57.
The final reported sale took place on August 11, 2026, involving 35,000 shares at a weighted average price of $1.5997. These shares were sold at prices between $1.54 and $1.625.InvestingPro Tips highlight that Net Power is quickly burning through cash and has seen its price fall significantly in recent months. Investors can access 7 additional exclusive tips and comprehensive analysis through the platform’s detailed Pro Research Report, one of 1,400+ available for US equities.
Following these transactions, 8 Rivers Capital, LLC indirectly holds 2,000,000 shares of Net Power’s Class A Common Stock. The shares are held indirectly through NPEH, LLC, where 8 Rivers Capital serves as manager and holds approximately 90.9% of the outstanding equity. 8 Rivers Capital, LLC disclaims beneficial ownership of these securities except to the extent of its pecuniary interest. Damian R. Beauchamp, who indirectly and directly owns a significant portion of 8 Rivers Capital, LLC, may also be deemed an indirect beneficial owner to the extent of his pecuniary interest.Net Power is scheduled to report earnings in two days on August 13, 2026.
In other recent news, NET Power Inc. reported its first-quarter earnings for 2026, which fell short of expectations. The company announced an earnings per share (EPS) of -$0.12, significantly missing the forecasted -$0.0287. This resulted in a negative surprise of 318.12%, highlighting a substantial gap between actual and projected performance. These developments have caught the attention of investors and analysts alike. The financial results underscore challenges facing the company as it navigates the current economic environment. The earnings miss has prompted discussions among analysts, with some firms potentially reevaluating their positions on the stock. This earnings report is a crucial update for those tracking NET Power Inc.’s financial health and future prospects.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
