Rubric capital sold $114 million in Talen Energy (TLN) stock

Published 27/06/2025, 23:52
Rubric capital sold $114 million in Talen Energy (TLN) stock

Rubric Capital Management LP and David Rosen reported selling shares of Talen Energy Corp (EXCHANGE:TLN) on June 25th, 26th, and 27th, 2025. The sales amounted to a total of $114,091,989, with prices ranging from $288.5476 to $298.1389 per share. The stock, currently trading at $297.88, has shown remarkable strength with a 169.7% gain over the past year and maintains a "GOOD" financial health score according to InvestingPro analysis.

The transactions involved the sale of multiple blocks of common stock. On June 25th, sales occurred at prices between $288 and $289, $289.01 and $289.86, $292 and $292.93, $293.08 and $294.08 and $295.12 and $295.37 per share. With a market capitalization of $13.26 billion and strong analyst consensus, Talen Energy appears well-positioned in its sector.

On June 26th, sales were executed at prices ranging from $288.82 to $289.72, $289.825 to $290.785, $290.89 to $291.635, $291.91 to $292.9 and $292.94 to $293.89 per share.

On June 27th, transactions took place at prices between $292.00 to $292.985, $293.01 to $294.00, $294.02 to $295.02, $295.025 to $296.02, $296.03 to $297.03 and $297.05 to $298.05 and $298.08 to $298.205 per share.

Additionally, a pro-rata in-kind distribution to limited partners occurred, with 1,281,839 shares distributed for no consideration. Following these transactions, Rubric Capital and Rosen continue to indirectly hold a substantial number of Talen Energy Corp shares. Get exclusive insights and detailed analysis with InvestingPro’s comprehensive research report, featuring expert analysis and key financial metrics.

In other recent news, Talen Energy has been in the spotlight with several notable developments. UBS raised its price target for Talen Energy to $366 from $296, maintaining a Buy rating due to the company’s strong power fundamentals and strategic contracts, including a long-term agreement with AWS. This follows an earlier adjustment by UBS, which increased the target to $296 from $259, citing an expanded power purchase agreement with Amazon (NASDAQ:AMZN) that could enhance margins and stabilize revenue streams. Meanwhile, Talen Energy announced an extension to its maintenance outage at the Susquehanna Steam Electric Station, which will increase costs by $35 million, although the company expects efficiency gains to offset these expenses over time. Oppenheimer also maintained its Outperform rating on Talen Energy, with a price target of $250, highlighting the company’s robust first-quarter outlook and ongoing projects, including the AWS/Susquehanna data center. The analysts at Oppenheimer foresee potential renegotiations of agreements with AWS, which could further strengthen Talen Energy’s market position. Additionally, Eos Energy Enterprises appointed Joseph Nigro, a current board member of Talen Energy, to its Board of Directors, drawing on his extensive experience in the energy sector to support strategic growth. These recent developments reflect ongoing strategic maneuvers and financial adjustments within Talen Energy, as the company navigates market dynamics and contractual opportunities.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.