LPL Financial LLC purchased a new position in shares of Nano Nuclear Energy Inc. (NASDAQ:NNE - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 104,278 shares of the company's stock, valued at approximately $2,596,000. LPL Financial LLC owned approximately 0.28% of Nano Nuclear Energy as of its most recent SEC filing.
A number of other institutional investors have also modified their holdings of NNE. New York State Common Retirement Fund acquired a new position in shares of Nano Nuclear Energy during the 4th quarter worth about $30,000. IFP Advisors Inc increased its stake in Nano Nuclear Energy by 638.5% in the fourth quarter. IFP Advisors Inc now owns 1,477 shares of the company's stock valued at $37,000 after purchasing an additional 1,277 shares during the last quarter. JPMorgan Chase & Co. purchased a new stake in shares of Nano Nuclear Energy during the 3rd quarter worth approximately $25,000. SBI Securities Co. Ltd. acquired a new position in shares of Nano Nuclear Energy in the 4th quarter valued at $66,000. Finally, Rothschild Investment LLC purchased a new position in shares of Nano Nuclear Energy in the 4th quarter valued at $85,000.
Nano Nuclear Energy Stock Down 3.2 %
NNE traded down $0.66 during trading on Friday, hitting $19.86. 1,311,370 shares of the stock were exchanged, compared to its average volume of 3,651,800. Nano Nuclear Energy Inc. has a 1-year low of $3.25 and a 1-year high of $48.05. The stock has a fifty day moving average price of $27.30 and a two-hundred day moving average price of $26.20. The firm has a market capitalization of $736.27 million and a P/E ratio of -48.44.
Nano Nuclear Energy (NASDAQ:NNE - Get Free Report) last announced its earnings results on Thursday, February 13th. The company reported ($0.09) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.18) by $0.09. Analysts predict that Nano Nuclear Energy Inc. will post -0.92 EPS for the current year.
Analysts Set New Price Targets
Separately, HC Wainwright reissued a "buy" rating and issued a $50.00 price target on shares of Nano Nuclear Energy in a research report on Monday, March 31st.
Get Our Latest Stock Report on Nano Nuclear Energy
Nano Nuclear Energy Company Profile
(
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.
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