NuScale Power (NYSE:SMR) COO Sells 18,771 Shares of Stock

NuScale Power Corporation (NYSE:SMR) COO Carl Fisher sold 18,771 shares of the firm’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $9.36, for a total transaction of $175,696.56. Following the completion of the transaction, the chief operating officer directly owned 114,718 shares of the company’s stock, valued at approximately $1,073,760.48. This trade represents a 14.06% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

NuScale Power Price Performance

SMR stock traded up $0.10 during midday trading on Thursday, hitting $9.48. The company’s stock had a trading volume of 33,277,189 shares, compared to its average volume of 30,496,994. The company’s fifty day moving average price is $9.81 and its 200 day moving average price is $12.02. NuScale Power Corporation has a twelve month low of $7.21 and a twelve month high of $57.42. The stock has a market capitalization of $3.47 billion, a P/E ratio of -3.25 and a beta of 2.26.

NuScale Power (NYSE:SMR) last posted its quarterly earnings data on Wednesday, August 5th. The company reported ($0.13) EPS for the quarter, hitting analysts’ consensus estimates of ($0.13). The company had revenue of $0.07 million during the quarter, compared to the consensus estimate of $8.80 million. NuScale Power had a negative net margin of 2,066.55% and a negative return on equity of 48.88%. The company’s quarterly revenue was down 99.1% on a year-over-year basis. During the same period in the prior year, the business posted ($0.11) EPS. Equities analysts expect that NuScale Power Corporation will post -0.46 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on SMR. Bank of America assumed coverage on NuScale Power in a research note on Friday, May 22nd. They issued a “neutral” rating and a $12.00 price target for the company. Citigroup dropped their price objective on NuScale Power from $7.50 to $6.50 and set a “sell” rating on the stock in a research note on Thursday. Barclays cut their price objective on NuScale Power from $15.00 to $11.00 and set an “equal weight” rating for the company in a report on Wednesday, July 22nd. B. Riley Financial decreased their target price on shares of NuScale Power from $24.00 to $19.00 and set a “buy” rating for the company in a research note on Friday, April 24th. Finally, Northland Securities set a $16.00 target price on shares of NuScale Power in a report on Thursday. One research 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 given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $14.88.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. raised its stake in NuScale Power by 40.5% in the 4th quarter. Vanguard Group Inc. now owns 15,545,018 shares of the company’s stock valued at $220,273,000 after acquiring an additional 4,482,254 shares during the period. Van ECK Associates Corp boosted its position in NuScale Power by 117.8% during the fourth quarter. Van ECK Associates Corp now owns 11,515,561 shares of the company’s stock worth $163,176,000 after purchasing an additional 6,227,747 shares during the period. Renaissance Technologies LLC acquired a new position in shares of NuScale Power in the first quarter valued at $59,141,000. Morgan Stanley increased its holdings in shares of NuScale Power by 81.0% in the fourth quarter. Morgan Stanley now owns 5,277,905 shares of the company’s stock valued at $74,788,000 after purchasing an additional 2,361,532 shares during the last quarter. Finally, Samsung C&T Corp raised its position in shares of NuScale Power by 98.9% in the third quarter. Samsung C&T Corp now owns 5,185,804 shares of the company’s stock valued at $186,689,000 after purchasing an additional 2,578,702 shares during the period. 78.37% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about NuScale Power

Here are the key news stories impacting NuScale Power this week:

• Positive Sentiment: Management highlighted ongoing discussions with the Tennessee Valley Authority and said NuScale is prepared for near-term deployment, citing approved reactor designs, available fuel, established suppliers and approximately $1.9 billion in liquidity. These factors could reduce execution and financing risks as potential projects advance. SMR Q2 Earnings Call Focuses on TVA and Deployment Readiness
• Positive Sentiment: NuScale, Curio and Framatome signed a strategic memorandum of understanding to evaluate fuel recycling, fuel manufacturing and other next-generation nuclear-fuel-cycle technologies. The agreement strengthens NuScale’s industry partnerships and could support future reactor deployments, although it is not yet a binding commercial contract. Curio, NuScale Power, and Framatome Sign Strategic MOU
• Neutral Sentiment: Second-quarter adjusted results were broadly as expected on the bottom line: NuScale reported a loss of $0.13 per share, matching consensus estimates. This removes an immediate EPS surprise but does not resolve the company’s lack of meaningful commercial revenue. NuScale Power Corporation Reports Q2 Loss
• Negative Sentiment: Revenue was only about $0.08 million, versus roughly $8.8 million expected, and plunged 99.1% year over year. NuScale also remains deeply unprofitable, which highlights the substantial time and execution risk before reactor deployments generate recurring revenue. NuScale Stock After Q2 Revenue Miss

NuScale Power Company Profile

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.