NuScale Power Corporation (NYSE:SMR - Get Free Report) CFO Robert Ramsey Hamady sold 29,880 shares of the business's stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of $9.39, for a total value of $280,573.20. Following the sale, 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. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
NuScale Power Stock Down 4.6%
SMR stock opened at $9.29 on Friday. NuScale Power Corporation has a twelve month low of $7.21 and a twelve month high of $57.42. The stock's 50 day moving average is $9.20 and its 200-day moving average is $10.98. The firm has a market capitalization of $3.99 billion, a PE ratio of -3.18 and a beta of 2.26.
NuScale Power (NYSE:SMR - Get Free Report) last announced its earnings results on Wednesday, August 5th. The company reported ($0.13) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.13). NuScale Power had a negative return on equity of 35.59% and a negative net margin of 3,888.70%.The company had revenue of $0.07 million for the quarter, compared to analysts' expectations of $8.80 million. During the same quarter in the previous year, the firm earned ($0.11) earnings per share. NuScale Power's quarterly revenue was down 99.1% on a year-over-year basis. On average, equities research analysts anticipate that NuScale Power Corporation will post -0.64 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Royal Bank of Canada grew its position in shares of NuScale Power by 623.4% during the 1st quarter. Royal Bank of Canada now owns 457,276 shares of the company's stock valued at $6,475,000 after acquiring an additional 394,065 shares during the period. AQR Capital Management LLC raised its holdings in shares of NuScale Power by 37.4% in the 1st quarter. AQR Capital Management LLC now owns 37,614 shares of the company's stock worth $533,000 after purchasing an additional 10,244 shares during the period. Integrated Wealth Concepts LLC bought a new stake in shares of NuScale Power in the 1st quarter worth approximately $390,000. Jones Financial Companies Lllp lifted its stake in NuScale Power by 9.1% in the first quarter. Jones Financial Companies Lllp now owns 16,793 shares of the company's stock valued at $238,000 after purchasing an additional 1,394 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in NuScale Power by 1,220.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,845,116 shares of the company's stock valued at $26,127,000 after purchasing an additional 1,705,411 shares during the last quarter. 78.37% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several analysts have recently issued reports on the stock. Weiss Ratings reiterated a "sell (d-)" rating on shares of NuScale Power in a research note on Wednesday, June 24th. 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 target on the stock. B. Riley Financial cut their price target on shares of NuScale Power from $19.00 to $15.00 and set a "buy" rating on the stock in a report on Friday, August 14th. Canaccord Genuity Group reduced their price objective on shares of NuScale Power from $25.00 to $15.00 and set a "buy" rating for the company in a research report on Thursday, August 6th. Finally, Barclays decreased their price objective on shares of NuScale Power from $15.00 to $11.00 and set an "equal weight" rating for the company in a research note on Wednesday, July 22nd. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $13.50.
Get Our Latest Research Report on NuScale Power
Key Headlines Impacting NuScale Power
Here are the key news stories impacting NuScale Power this week:
- Positive Sentiment: NuScale announced an alliance with Nuclearn and NPX to deploy nuclear-specific AI tools for reactor development and operations. The platforms are intended to improve engineering productivity, regulatory workflows and safety analysis, with reported information-retrieval time reductions of up to 80%. Investors may view this as a way to reduce development timelines and costs. Can NuScale Power Cut SMR Timelines With Nuclear Specific AI Tools?
- Positive Sentiment: NuScale shares previously benefited from a broader recovery in risk appetite for speculative, long-duration equities, alongside gains in other nuclear and uranium stocks. This suggests investor sentiment can provide short-term support, although it does not change the company’s fundamentals. NuScale Power Rises 4%, Oklo Climbs 3% as Risk Appetite Returns
- Neutral Sentiment: CFO Robert Ramsey Hamady sold 29,880 shares for approximately $281,000, reducing his position by 19.39%. The filing states the sale was made to cover tax withholding on vested equity awards, making it less significant as a signal of deteriorating business confidence. SEC Form 4 Filing
- Neutral Sentiment: Analyst comparisons with rival NNE emphasize that NuScale offers a differentiated approach to the nuclear market, but investors must assess readiness, commercialization strategy and execution risk before assigning the company a higher valuation. NNE or SMR: Which Nuclear Energy Stock Gets the Buy Call?
- Negative Sentiment: NuScale would not own or operate the reactors in the deal currently driving investor interest. Its partner would own and manage the plants while charging NuScale as the program advances, raising questions about revenue capture, margins and how much economic value ultimately accrues to SMR shareholders. NuScale Wouldn't Own a Reactor in the Deal Driving Its Stock
- Negative Sentiment: NuScale remains pre-commercial and has not delivered a power module, while Bloom Energy already generates substantial revenue and operates at scale. That contrast underscores NuScale’s execution and financing risk. Bloom Energy vs. NuScale Power
- Negative Sentiment: Broader coverage notes that NuScale and other advanced nuclear stocks have fallen sharply despite growing interest in nuclear power. The disconnect reflects investor concerns about lengthy timelines, capital needs and the absence of near-term earnings; NuScale’s recent results also showed minimal revenue and continued losses. Why Are Nuclear Stocks Falling?
About NuScale Power
(
Get Free Report)
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.
See Also
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
