Fulcrum Asset Management LLP lifted its holdings in NuScale Power Corporation (NYSE:SMR – Free Report) by 6,102.3% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 245,486 shares of the company’s stock after acquiring an additional 241,528 shares during the quarter. Fulcrum Asset Management LLP’s holdings in NuScale Power were worth $1,905,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Renaissance Technologies LLC acquired a new stake in shares of NuScale Power during the 1st quarter valued at about $59,141,000. Bank of America Corp DE boosted its stake in shares of NuScale Power by 33.4% during the 1st quarter. Bank of America Corp DE now owns 2,062,232 shares of the company’s stock worth $22,355,000 after acquiring an additional 516,097 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new stake in NuScale Power during the third quarter worth approximately $12,785,000. Bank of New York Mellon Corp boosted its position in NuScale Power by 21.9% during the first quarter. Bank of New York Mellon Corp now owns 482,517 shares of the company’s stock worth $5,230,000 after purchasing an additional 86,652 shares during the period. Finally, Healthcare of Ontario Pension Plan Trust Fund bought a new stake in NuScale Power during the first quarter worth approximately $4,336,000. Hedge funds and other institutional investors own 78.37% of the company’s stock.
Insiders Place Their Bets
In other NuScale Power news, Director Shinji Fujino sold 20,000 shares of NuScale Power stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $8.86, for a total transaction of $177,200.00. Following the completion of the transaction, the director directly owned 17,242 shares of the company’s stock, valued at approximately $152,764.12. This trade represents a 53.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Robert Hamady sold 29,880 shares of NuScale Power stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $9.39, for a total transaction of $280,573.20. Following the transaction, the chief financial officer directly owned 124,235 shares of the company’s stock, valued at $1,166,566.65. This represents a 19.39% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders sold 69,880 shares of company stock valued at $615,573. Corporate insiders own 1.28% of the company’s stock.
Analyst Upgrades and Downgrades
Several brokerages recently commented on SMR. B. Riley Financial dropped their target price on shares of NuScale Power from $15.00 to $10.00 and set a “buy” rating on the stock in a report on Wednesday, October 28th. UBS Group lowered NuScale Power from a “neutral” rating to a “sell” rating and cut their price target for the stock from $10.00 to $6.00 in a report on Friday, September 11th. Cantor Fitzgerald lowered their price objective on shares of NuScale Power from $20.00 to $15.00 and set an “overweight” rating on the stock in a research note on Friday, November 6th. Citigroup dropped their target price on shares of NuScale Power from $4.00 to $3.50 and set a “sell” rating on the stock in a research report on Friday, November 6th. Finally, The Goldman Sachs Group reiterated a “neutral” rating and set a $4.00 target price on shares of NuScale Power in a research note on Friday. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, seven have issued a Hold rating and five have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $8.73.
Read Our Latest Stock Report on SMR
NuScale Power Trading Down 3.7%
Shares of NYSE:SMR opened at $5.24 on Wednesday. NuScale Power Corporation has a 1-year low of $4.28 and a 1-year high of $28.13. The firm has a market capitalization of $2.25 billion, a PE ratio of -4.44 and a beta of 2.42. The business’s 50 day moving average is $7.29 and its 200-day moving average is $10.42.
NuScale Power (NYSE:SMR – Get Free Report) last posted its quarterly earnings results on Thursday, November 5th. The company reported ($0.11) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.12) by $0.01. The firm had revenue of $0.28 million for the quarter, compared to the consensus estimate of $3.66 million. NuScale Power had a negative net margin of 6,817.00% and a negative return on equity of 11.98%. The business’s revenue was down 96.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($1.85) earnings per share. On average, sell-side analysts predict that NuScale Power Corporation will post -0.59 EPS for the current year.
Trending Headlines about NuScale Power
Here are the key news stories impacting NuScale Power this week:
- Positive Sentiment: Northland Securities slightly improved its FY2027 EPS forecast to a loss of $0.55 per share from $0.56, a modestly favorable revision. Northland estimate report
- Neutral Sentiment: A rally across nuclear developers lifted NuScale in the prior session, but the move appeared tied to broader sector strength and did not resolve whether the stock’s extended decline has bottomed. NuScale Is Still Down 61% in 2026
- Negative Sentiment: NuScale’s recovery prospects are closely tied to power-purchase discussions with the Tennessee Valley Authority. The talks remain prolonged, with no binding terms or public timeline, leaving a major commercial milestone uncertain. Recovery hinges on unfinished TVA talks
- Negative Sentiment: Northland trimmed its Q4 2026 EPS estimate to a loss of $0.11 per share from $0.10. Separately, reports indicate Citigroup and Royal Bank of Canada lowered their price targets, adding to cautious analyst sentiment. Citigroup price target report RBC price target report
About NuScale Power
NuScale Power develops small modular nuclear reactor technology and related services for electric utilities, industrial companies, and government customers. Its NuScale Power Module is a factory-fabricated, water-cooled reactor designed to be deployed in groups, allowing plants to scale capacity to meet customer needs. The company supports projects through engineering, licensing, design, and deployment services. Its VOYGR plant concept uses NuScale modules to provide electricity and can also support applications such as district heating, hydrogen production, and water desalination.
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