BNP Paribas Financial Markets grew its position in shares of Nano Nuclear Energy Inc. (NASDAQ:NNE - Free Report) by 15,411.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 104,082 shares of the company's stock after purchasing an additional 103,411 shares during the period. BNP Paribas Financial Markets owned approximately 0.28% of Nano Nuclear Energy worth $2,591,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently made changes to their positions in the company. New York State Common Retirement Fund purchased a new stake in Nano Nuclear Energy during the fourth quarter valued at $30,000. Aster Capital Management DIFC Ltd bought a new stake in shares of Nano Nuclear Energy in the 4th quarter worth about $30,000. IFP Advisors Inc increased its holdings in shares of Nano Nuclear Energy by 638.5% in the 4th quarter. IFP Advisors Inc now owns 1,477 shares of the company's stock worth $37,000 after buying 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 valued at about $25,000. Finally, SBI Securities Co. Ltd. bought a new position in shares of Nano Nuclear Energy in the 4th quarter valued at about $66,000.
Nano Nuclear Energy Trading Up 1.2%
Shares of NASDAQ NNE traded up $0.32 during trading hours on Thursday, hitting $26.02. 371,650 shares of the company traded hands, compared to its average volume of 3,569,879. The company's 50 day moving average price is $24.91 and its 200 day moving average price is $26.93. Nano Nuclear Energy Inc. has a 12 month low of $3.81 and a 12 month high of $48.05. The stock has a market capitalization of $975.59 million and a price-to-earnings ratio of -63.24.
Nano Nuclear Energy (NASDAQ:NNE - Get Free Report) last posted its quarterly earnings data on Thursday, May 15th. The company reported ($0.57) EPS for the quarter, missing the consensus estimate of ($0.11) by ($0.46). Equities analysts anticipate that Nano Nuclear Energy Inc. will post -0.92 EPS for the current year.
Wall Street Analysts Forecast Growth
Separately, HC Wainwright reiterated a "buy" rating and issued a $50.00 price target on shares of Nano Nuclear Energy in a research report on Monday, March 31st.
Check Out Our Latest Analysis on NNE
Nano Nuclear Energy 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.
See Also
Before you consider Nano Nuclear Energy, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Nano Nuclear Energy wasn't on the list.
While Nano Nuclear Energy currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
