DNB Asset Management AS Purchases 50,264 Shares of Entergy Corporation $ETR

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DNB Asset Management AS increased its stake in Entergy Corporation (NYSE:ETR) by 25% in the third quarter, acquiring an additional 50,264 shares, bringing its total holding to 251,636 shares valued at $23.45 million. The utilities provider’s stock currently holds a consensus “Moderate Buy” rating from analysts with an average price target of $106.11. Insider selling also occurred, with EVP John C. Dinelli selling 5,372 shares for over $558,000.

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