Peabody Energy Stock Up 120% This Past Year, and One Fund Just Sold Off $24 Million in Shares
2026-03-02 09:50:03 ET
On February 17, 2026, Progeny 3, Inc. disclosed it sold 819,433 shares of Peabody Energy (NYSE:BTU) , an estimated $24.08 million trade based on quarterly average pricing.
According to a U.S. Securities and Exchange Commission (SEC) filing dated February 17, 2026, Progeny 3, Inc. sold 819,433 shares of Peabody Energy. The estimated value of the shares sold was $24.08 million, calculated using the average closing price over the quarter. The fund’s remaining position at quarter’s end was 89,160 shares, valued at $2.65 million.
Peabody Energy is a leading coal producer with a diversified portfolio of mining operations in the United States and Australia. The company leverages a large reserve base and integrated logistics to supply thermal and metallurgical coal to utility and industrial customers worldwide. Its scale and global reach support its competitive position in both seaborne and domestic coal markets.
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