Genie EnergyGNE
Market Cap: $441M
About: Genie Energy Ltd, through its subsidiaries, operates as a retail energy provider. It serves two reportable business segments: Genie retail energy, or GRE, and Genie renewables. The Genie retail energy segment resells energy to residential and commercial consumers in the Eastern and Midwestern United States through its portfolio of various retail energy providers. The Genie renewables segment holds controlling interests in various companies engaged in the manufacturing of solar panels, solar installation design, and solar energy project management. It generates the majority of its revenue from the Genie retail energy segment.
Employees: 125
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
787% more call options, than puts
Call options by funds: $1.18M | Put options by funds: $133K
0% more funds holding
Funds holding: 104 [Q1] → 104 (+0) [Q2]
0% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 19
0.8% less ownership
Funds ownership: 35.56% [Q1] → 34.77% (-0.8%) [Q2]
5% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 39
5% less capital invested
Capital invested by funds: $138M [Q1] → $131M (-$7.21M) [Q2]
Research analyst outlook
We haven’t received any recent analyst ratings for GNE.