Corient Private Wealth LP Increases Stake in NuScale Power Corporation $SMR

Key Points

• Corient Private Wealth LP increased its NuScale Power stake by 1,495.8% in the second quarter, bringing its holdings to 338,023 shares worth approximately $3.39 million. Institutional investors collectively own 78.37% of the company.
• Analyst sentiment is mixed, with a consensus rating of “Hold” and an average price target of $12.96. Price targets range from $6.50 to $16.00, reflecting uncertainty over NuScale’s commercialization prospects.
• NuScale reported a quarterly loss of $0.13 per share, in line with estimates, but revenue of just $0.07 million fell far short of the $8.80 million consensus forecast and declined 99.1% year over year. The stock remains highly volatile, with a beta of 2.30, while recent insider activity has been limited to sales tied to tax withholding.

Corient Private Wealth LP raised its position in shares of NuScale Power Corporation (NYSE:SMR - Free Report) by 1,495.8% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 338,023 shares of the company's stock after purchasing an additional 316,841 shares during the quarter. Corient Private Wealth LP owned 0.08% of NuScale Power worth $3,390,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of SMR. Harbour Investments Inc. boosted its position in shares of NuScale Power by 32.4% during the fourth quarter. Harbour Investments Inc. now owns 2,419 shares of the company's stock valued at $34,000 after buying an additional 592 shares during the last quarter. Parallel Advisors LLC raised its position in NuScale Power by 1.8% in the 1st quarter. Parallel Advisors LLC now owns 59,898 shares of the company's stock worth $649,000 after buying an additional 1,053 shares during the last quarter. Concorde Asset Management LLC lifted its stake in NuScale Power by 9.8% during the 1st quarter. Concorde Asset Management LLC now owns 12,390 shares of the company's stock valued at $134,000 after acquiring an additional 1,110 shares during the period. Allspring Global Investments Holdings LLC lifted its stake in NuScale Power by 14.0% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 11,985 shares of the company's stock valued at $123,000 after acquiring an additional 1,468 shares during the period. Finally, ProShare Advisors LLC boosted its holdings in shares of NuScale Power by 6.9% during the 4th quarter. ProShare Advisors LLC now owns 23,175 shares of the company's stock valued at $328,000 after acquiring an additional 1,490 shares during the last quarter. 78.37% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on SMR. Northland Securities set a $16.00 price target on shares of NuScale Power in a research note on Thursday, August 6th. Royal Bank Of Canada lowered their price objective on shares of NuScale Power from $14.00 to $10.00 and set a "sector perform" rating on the stock in a research report on Tuesday, August 11th. B. Riley Financial dropped their target price 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. Barclays cut their target price on shares of NuScale Power from $15.00 to $11.00 and set an "equal weight" rating for the company in a research report on Wednesday, July 22nd. Finally, Citigroup decreased their target price on shares of NuScale Power from $7.50 to $6.50 and set a "sell" rating for the company in a research note on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, eight have given a Hold rating and four have issued a Sell rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $12.96.

NuScale Power News Summary

Here are the key news stories impacting NuScale Power this week:

• Positive Sentiment: A recent House vote addressing data-center electricity costs boosted expectations that large technology customers could seek dedicated nuclear generation, lifting NuScale and other advanced nuclear developers. Oklo Jumps 13%, NuScale Power Climbs 10%: Does the House Data Center Power Vote Reach Nuclear?
• Positive Sentiment: Investors continue to focus on commercialization milestones, including potential deployment work with ENTRA1 Energy and the Tennessee Valley Authority, manufacturing progress for reactor components, and approximately $1.9 billion in cash, cash equivalents, and investments reported for the latest quarter.
• Positive Sentiment: Industry research projects strong long-term growth for the small modular reactor market as demand rises for reliable, low-carbon power and energy security, supporting NuScale’s long-term opportunity. Small Modular Reactor Market Outlook 2026-2035
• Neutral Sentiment: The cancellation of rival Holtec’s initial public offering highlights difficult financing conditions for nuclear developers. It may pressure sector sentiment, although it does not directly change NuScale’s projects or balance sheet. SMR Developer Holtec Just Cancelled Its IPO
• Negative Sentiment: After the policy-fueled rally, NuScale and peers reversed lower as investors took profits and questioned whether the House vote will translate into near-term nuclear contracts. NuScale Power Drops as Nuclear Stocks Hand Back the Vote Rally
• Negative Sentiment: Pomerantz LLP announced an investigation into potential claims on behalf of NuScale investors, adding legal overhang and uncertainty. Pomerantz Investor Alert
• Negative Sentiment: Reported insider activity shows selling rather than buying over the past six months, which may weigh on investor confidence in a highly volatile stock.

NuScale Power Trading Up 0.3%

SMR opened at $8.30 on Monday. The firm's 50 day simple moving average is $9.06 and its two-hundred day simple moving average is $10.44. The company has a market capitalization of $3.56 billion, a PE ratio of -2.84 and a beta of 2.30. NuScale Power Corporation has a 1-year low of $7.21 and a 1-year high of $57.42.

NuScale Power (NYSE:SMR - Get Free Report) last released its quarterly 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 business had revenue of $0.07 million during the quarter, compared to analyst estimates of $8.80 million. During the same quarter in the previous year, the company posted ($0.11) earnings per share. NuScale Power's revenue for the quarter was down 99.1% on a year-over-year basis. Equities analysts forecast that NuScale Power Corporation will post -0.64 earnings per share for the current fiscal year.

Insider Activity at NuScale Power

In other NuScale Power news, COO Carl Fisher sold 18,771 shares of the stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $9.36, for a total transaction of $175,696.56. Following the completion of the sale, the chief operating officer directly owned 114,718 shares of the company's stock, valued at $1,073,760.48. This trade represents a 14.06% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Robert Hamady sold 29,880 shares of NuScale Power stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $9.39, for a total transaction of $280,573.20. Following the sale, the chief financial officer owned 124,235 shares in the company, valued at approximately $1,166,566.65. The trade was a 19.39% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders have sold 68,651 shares of company stock valued at $633,470. 1.28% of the stock is owned by company insiders.

NuScale Power Profile

NuScale Power Corporation develops small modular reactor (SMR) technology for the generation of carbon-free electricity and other energy applications. Its proprietary NuScale Power Module is a compact, factory-fabricated pressurized water reactor designed to be deployed individually or in multi-module configurations. The company's technology is intended to support electric utilities, industrial users, and other customers seeking scalable alternatives for reliable power generation.

NuScale offers its reactor technology through the VOYGR power plant platform, along with engineering, licensing, project development, and deployment support.

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