Seven Grand Managers LLC purchased a new position in shares of NuScale Power Corporation (NYSE:SMR – Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 125,000 shares of the company’s stock, valued at approximately $1,771,000.
Several other hedge funds and other institutional investors have also recently bought and sold shares of SMR. Vanguard Group Inc. grew its position in NuScale Power by 40.5% during the 4th quarter. Vanguard Group Inc. now owns 15,545,018 shares of the company’s stock worth $220,273,000 after purchasing an additional 4,482,254 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in NuScale Power by 22.6% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,310,961 shares of the company’s stock worth $263,195,000 after purchasing an additional 1,346,796 shares during the last quarter. Van ECK Associates Corp grew its position in NuScale Power by 67.2% during the 3rd quarter. Van ECK Associates Corp now owns 5,287,814 shares of the company’s stock worth $190,362,000 after purchasing an additional 2,125,250 shares during the last quarter. Samsung C&T Corp grew its position in NuScale Power by 98.9% during the 3rd quarter. Samsung C&T Corp now owns 5,185,804 shares of the company’s stock worth $186,689,000 after purchasing an additional 2,578,702 shares during the last quarter. Finally, Clear Street Group Inc. purchased a new position in NuScale Power during the 3rd quarter worth $155,616,000. 78.37% of the stock is currently owned by institutional investors and hedge funds.
NuScale Power Stock Performance
SMR stock opened at $12.05 on Thursday. NuScale Power Corporation has a one year low of $8.85 and a one year high of $57.42. The stock has a market capitalization of $4.40 billion, a PE ratio of -4.13 and a beta of 2.24. The company has a fifty day moving average of $11.41 and a 200-day moving average of $15.38.
Insider Buying and Selling
In other news, COO Carl M. Fisher sold 22,197 shares of the firm’s stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $12.22, for a total value of $271,247.34. Following the completion of the sale, the chief operating officer owned 140,141 shares in the company, valued at approximately $1,712,523.02. This trade represents a 13.67% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Clayton Scott sold 22,478 shares of the firm’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $12.22, for a total transaction of $274,681.16. Following the completion of the sale, the insider owned 132,852 shares of the company’s stock, valued at $1,623,451.44. This trade represents a 14.47% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 40,108,335 shares of company stock worth $474,931,335. 1.28% of the stock is currently owned by insiders.
Trending Headlines about NuScale Power
Here are the key news stories impacting NuScale Power this week:
- Positive Sentiment: Investors are re-rating NuScale’s growth story after reports centered on its partnership with ENTRA1 Energy and the TVA plan to develop up to 6 GW of SMR capacity, which reinforces the company’s long-term commercialization opportunity. Article Title
- Positive Sentiment: Coverage also pointed to NuScale’s NRC licensing lead and dual Part 52 approvals as a competitive advantage that could help speed deployments for AI data centers and industrial customers. Article Title
- Positive Sentiment: Analysts and commentators continue to frame SMR as a possible solution to surging AI power demand, which keeps the stock in play as a speculative “advanced nuclear” name. Article Title
- Neutral Sentiment: A comparative article on NuScale versus Oklo keeps attention on the nuclear sector, but it does not provide a clear new company-specific catalyst for SMR. Article Title
- Negative Sentiment: Bearish commentary argues that true revenue is still far away, underscoring execution risk and supporting concerns that the current valuation may be running ahead of fundamentals. Article Title
- Negative Sentiment: Recent quarterly results were weak, with NuScale missing earnings and revenue expectations, which continues to weigh on investor confidence even as commercialization headlines improve.
Analyst Ratings Changes
Several research analysts have issued reports on SMR shares. Bank of America started coverage on shares of NuScale Power in a research report on Friday, May 22nd. They set a “neutral” rating and a $12.00 price objective on the stock. Cantor Fitzgerald lowered their price objective on shares of NuScale Power from $55.00 to $20.00 and set an “overweight” rating on the stock in a research report on Tuesday, February 24th. Barclays lowered their price objective on shares of NuScale Power from $45.00 to $15.00 and set an “equal weight” rating on the stock in a research report on Monday, February 23rd. HSBC started coverage on shares of NuScale Power in a research report on Thursday, April 23rd. They set a “hold” rating and a $13.00 price objective on the stock. Finally, Citigroup lowered their price objective on shares of NuScale Power from $9.00 to $7.00 and set a “sell” rating on the stock in a research report on Monday, May 11th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, NuScale Power currently has an average rating of “Hold” and an average target price of $15.92.
Read Our Latest Stock Analysis on SMR
About NuScale Power
NuScale Power Corporation, trading on the NYSE American under the ticker SMR, is a pioneering developer of small modular nuclear reactors. Established in 2007 as a spinout from Oregon State University, the company is headquartered in Portland, Oregon. NuScale’s mission is to deliver zero-carbon baseload power through scalable modular reactor technology, aiming to transform traditional nuclear energy deployment.
At the core of NuScale’s offering is the VOYGR small modular reactor design, featuring 77-megawatt electric (MWe) modules with passive safety systems.
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