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Nel ASA Chairman Arvid Moss Increases Stake with 100,000-Share Purchase

Story Highlights
  • Nel ASA’s chairman Arvid Moss bought 100,000 shares, raising his total holding.
  • The insider share purchase triggered mandatory disclosure under EU and Norwegian regulations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Nel ASA Chairman Arvid Moss Increases Stake with 100,000-Share Purchase

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NEL ASA ( (NLLSF) ) just unveiled an update.

Nel ASA Chairman Arvid Moss has purchased 100,000 shares in the company at an average price of NOK 2.2547, giving him a total holding of 100,000 shares and no options. The transaction, categorized as inside information, triggers disclosure obligations under the EU Market Abuse Regulation and Norway’s Securities Trading Act, underlining ongoing regulatory scrutiny of executive dealings in the listed hydrogen technology group.

The most recent analyst rating on (NLLSF) stock is a Hold with a NOK3.00 price target. To see the full list of analyst forecasts on NEL ASA stock, see the NLLSF Stock Forecast page.

More about NEL ASA

Nel ASA is a Norway-based pure-play hydrogen technology company with roots dating back to 1927 and a global presence. It specializes in PEM and alkaline electrolyser technology used to produce renewable hydrogen, supplying key equipment that supports the decarbonisation of sectors including transportation, refining, steel and ammonia, and positioning the group at the core of the emerging green hydrogen economy.

Average Trading Volume: 4,892,671

Current Market Cap: NOK4.05B

Find detailed analytics on NLLSF stock on TipRanks’ Stock Analysis page.

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