400,000 Shares in NexGen Energy $NXE Purchased by Arrow Capital Pty Ltd

Key Points

• Arrow Capital bought 400,000 shares of NexGen Energy (NYSE:NXE) in Q3 for about $3.58 million, representing roughly 0.06% of NXE and about 0.1% of Arrow’s portfolio (its 24th largest holding).
• Large institutions also increased exposure — VanEck boosted its stake to 23.63M shares (~$211.5M) after adding ~5.3M, L1 Capital holds ~33.82M shares (~$234.7M), and new multi‑million dollar stakes were reported from Cooper Creek, Hancock and Packer; overall institutional ownership is ~42.43%.
• NexGen snapshot: market cap ~$7.99B, recent quarter EPS -$0.05 (missed estimates), 52‑week range $3.91–$13.96, and analysts' consensus is a Moderate Buy (4 Buys, 1 Hold, 1 Sell).

Arrow Capital Pty Ltd purchased a new position in shares of NexGen Energy (NYSE:NXE - Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 400,000 shares of the company's stock, valued at approximately $3,580,000. NexGen Energy accounts for approximately 0.1% of Arrow Capital Pty Ltd's investment portfolio, making the stock its 24th largest holding. Arrow Capital Pty Ltd owned about 0.06% of NexGen Energy as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Cooper Creek Partners Management LLC acquired a new stake in shares of NexGen Energy in the 2nd quarter valued at $41,491,000. Hancock Prospecting Pty Ltd acquired a new stake in shares of NexGen Energy during the 2nd quarter worth about $39,975,000. Van ECK Associates Corp increased its position in shares of NexGen Energy by 28.9% during the 3rd quarter. Van ECK Associates Corp now owns 23,633,124 shares of the company's stock worth $211,517,000 after purchasing an additional 5,305,263 shares in the last quarter. L1 Capital Pty Ltd grew its stake in NexGen Energy by 10.3% during the second quarter. L1 Capital Pty Ltd now owns 33,816,063 shares of the company's stock worth $234,683,000 after buying an additional 3,171,558 shares during the last quarter. Finally, Packer & Co Ltd acquired a new stake in shares of NexGen Energy during the third quarter worth approximately $27,072,000. 42.43% of the stock is owned by institutional investors and hedge funds.

NexGen Energy Price Performance

NXE opened at $12.10 on Friday. The firm has a 50 day simple moving average of $12.08 and a 200 day simple moving average of $9.87. The company has a market cap of $7.99 billion, a price-to-earnings ratio of -31.84 and a beta of 1.41. NexGen Energy has a fifty-two week low of $3.91 and a fifty-two week high of $13.96.

NexGen Energy (NYSE:NXE - Get Free Report) last posted its quarterly earnings results on Tuesday, March 3rd. The company reported ($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by ($0.02). As a group, analysts expect that NexGen Energy will post -0.05 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on NXE. Weiss Ratings reiterated a "sell (d)" rating on shares of NexGen Energy in a research note on Thursday, January 22nd. Raymond James Financial restated an "outperform" rating on shares of NexGen Energy in a research note on Wednesday, January 14th. Finally, UBS Group began coverage on NexGen Energy in a report on Thursday, March 5th. They issued a "buy" rating for the company. Four research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy".

NexGen Energy Profile

NexGen Energy is a Canada-based uranium exploration and development company focused on advancing its flagship Rook I project in the Athabasca Basin of northern Saskatchewan. The company's primary activities include resource delineation, feasibility studies, and permitting for its high-grade Arrow deposit, one of the largest undeveloped uranium discoveries in the region. NexGen's technical team employs advanced drilling, geophysical and geochemical techniques to expand and define its resource base, with the aim of delivering a robust, low-cost supply of uranium to global nuclear power markets.

The Rook I project sits within one of the world's most prolific uranium districts, offering excellent infrastructure access, a skilled local workforce and a supportive regulatory regime.

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