Key Points
- CEO James John Walker sold 195,000 shares for $6,637,800, reducing his stake by about 43.8% and leaving him with 250,000 shares.
- Other insiders and large holders also trimmed positions—CFO Jaisun Garcha sold 75,000 shares (~$2.55M) and I Financial Ventures/Chairman Jiang Yu sold large blocks (~888,000 shares, roughly $30M combined)—adding potential selling pressure.
- NNE has a $1.49B market cap and high volatility (beta 7.48); it recently beat quarterly EPS estimates (‑$0.19 vs. ‑$0.33) and holds a consensus "Moderate Buy" rating with an average price target of $47.
Nano Nuclear Energy Inc. (NASDAQ:NNE - Get Free Report) CFO Jaisun Garcha sold 75,000 shares of the firm's stock in a transaction that occurred on Wednesday, January 28th. The shares were sold at an average price of $34.04, for a total value of $2,553,000.00. Following the completion of the transaction, the chief financial officer owned 250,000 shares in the company, valued at $8,510,000. This represents a 23.08% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
Nano Nuclear Energy Stock Down 8.4%
Shares of NASDAQ:NNE opened at $29.40 on Friday. The business's 50 day moving average is $32.27 and its 200 day moving average is $36.31. Nano Nuclear Energy Inc. has a 12-month low of $17.26 and a 12-month high of $60.87. The stock has a market cap of $1.49 billion, a price-to-earnings ratio of -28.27 and a beta of 7.48.
Nano Nuclear Energy (NASDAQ:NNE - Get Free Report) last issued its quarterly earnings data on Thursday, December 18th. The company reported ($0.19) earnings per share for the quarter, beating the consensus estimate of ($0.33) by $0.14. As a group, equities research analysts expect that Nano Nuclear Energy Inc. will post -0.92 earnings per share for the current year.
Analyst Upgrades and Downgrades
A number of brokerages have issued reports on NNE. Texas Capital raised shares of Nano Nuclear Energy to a "strong-buy" rating in a research report on Tuesday. Benchmark restated a "buy" rating on shares of Nano Nuclear Energy in a research note on Friday, December 19th. Finally, Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Nano Nuclear Energy in a research report on Thursday, January 22nd. Two research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, Nano Nuclear Energy has an average rating of "Moderate Buy" and a consensus price target of $47.00.
Read Our Latest Stock Analysis on Nano Nuclear Energy
Key Headlines Impacting Nano Nuclear Energy
Here are the key news stories impacting Nano Nuclear Energy this week:
- Positive Sentiment: Texas Capital (reported via TickerReport/Zacks) upgraded NNE to a "strong-buy," which is supportive for the stock and could attract buyers. Texas Capital upgrade
- Neutral Sentiment: Major shareholders remain large holders after the trades — I Financial Ventures Group and Chairman Jiang Yu still report multi‑million‑share positions (over 8.7M shares), which limits the chance these were complete exits. I Financial Ventures filing
- Negative Sentiment: CEO James John Walker sold 195,000 shares at an average price of $34.04 (~$6.64M). The sale reduced his stake by ~43.8%, which investors often view negatively and can put downward pressure on the share price. CEO sale filing
- Negative Sentiment: CFO Jaisun Garcha sold 75,000 shares at an average $34.04 (~$2.55M), a ~23.1% reduction in his holding — another insider sell that contributes to bearish sentiment. CFO sale filing
- Negative Sentiment: I Financial Ventures Group sold large blocks: 766,661 shares (avg $34.14, ~$26.17M) and 121,339 shares (avg $31.78, ~$3.86M) across Jan. 28–29, reducing its stake by ~8.1% and 1.37% respectively — institutional selling at these sizes typically increases supply and can depress price. I Financial Ventures filings
- Negative Sentiment: Chairman Jiang Yu sold identical blocks to those attributed to the major shareholder (766,661 and 121,339 shares at similar prices), cutting his position by ~8.1% and 1.37% — additional executive-level sales magnify negative market reaction. Chairman sale filings
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in NNE. Thurston Springer Miller Herd & Titak Inc. grew its position in shares of Nano Nuclear Energy by 165.7% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,339 shares of the company's stock valued at $32,000 after acquiring an additional 835 shares during the period. Archer Investment Corp purchased a new position in Nano Nuclear Energy in the third quarter valued at approximately $39,000. Tripletail Wealth Management LLC bought a new position in Nano Nuclear Energy during the third quarter valued at $43,000. US Bancorp DE grew its holdings in Nano Nuclear Energy by 51.9% during the third quarter. US Bancorp DE now owns 1,171 shares of the company's stock valued at $45,000 after purchasing an additional 400 shares during the period. Finally, Caitong International Asset Management Co. Ltd purchased a new stake in Nano Nuclear Energy in the third quarter worth $48,000.
Nano Nuclear Energy Company Profile
(
Get Free Report)
NANO Nuclear Energy, Inc is a microreactor and nuclear technology company, which provides supply energy services. Its products in technical development are ZEUS, a solid core battery reactor, and ODIN, a low-pressure coolant reactor. The company is founded by Jiang Yu in February, 2022 and is headquartered in New York, NY.
Further Reading
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