Lineage Point Capital LP Invests $5.75 Million in Eagle Nuclear Energy Corp $NUCL

Key Points

• Lineage Point Capital acquired 598,533 shares of Eagle Nuclear Energy, valued at approximately $5.75 million, representing about 2.02% of the company and 1.2% of the fund’s portfolio.
• Alyeska Investment Group also initiated a position worth roughly $3.59 million, while institutional investors collectively own 89.78% of Eagle Nuclear Energy’s stock.
• Analyst sentiment is mixed: HC Wainwright initiated coverage with a “Buy” rating and an $11.50 price target, while Wall Street Zen downgraded the stock to “Sell.” NUCL recently traded at $6.76 after reporting a quarterly loss of $0.87 per share.

Lineage Point Capital LP bought a new stake in Eagle Nuclear Energy Corp (NASDAQ:NUCL - Free Report) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 598,533 shares of the nuclear energy company's stock, valued at approximately $5,752,000. Eagle Nuclear Energy makes up 1.2% of Lineage Point Capital LP's investment portfolio, making the stock its 15th biggest position. Lineage Point Capital LP owned approximately 2.02% of Eagle Nuclear Energy as of its most recent filing with the SEC.

Separately, Alyeska Investment Group L.P. bought a new stake in Eagle Nuclear Energy in the second quarter valued at about $3,585,000. Hedge funds and other institutional investors own 89.78% of the company's stock.

Analyst Ratings Changes

NUCL has been the subject of several research reports. Wall Street Zen lowered Eagle Nuclear Energy from a "hold" rating to a "sell" rating in a research report on Saturday. HC Wainwright initiated coverage on Eagle Nuclear Energy in a research report on Wednesday. They set a "buy" rating and a $11.50 price target on the stock. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Eagle Nuclear Energy has an average rating of "Buy" and an average target price of $11.50.

Eagle Nuclear Energy Price Performance

NASDAQ NUCL opened at $6.76 on Friday. Eagle Nuclear Energy Corp has a one year low of $4.55 and a one year high of $14.22. The firm has a 50-day simple moving average of $7.01. The firm has a market cap of $199.96 million, a price-to-earnings ratio of -7.12 and a beta of 0.36.

Eagle Nuclear Energy (NASDAQ:NUCL - Get Free Report) last released its quarterly earnings data on Monday, July 20th. The nuclear energy company reported ($0.87) earnings per share for the quarter. Equities research analysts expect that Eagle Nuclear Energy Corp will post -1.37 earnings per share for the current year.

Eagle Nuclear Energy Profile

Eagle Nuclear Energy Corp. operates as a mining and exploration company focused on mineral exploration and development in North America. The company is a nuclear energy company that combines domestic uranium exploration with proprietary Small Modular Reactor (SMR) technology. It also develops modular nuclear reactors to provide power for industrial and grid applications. The company was founded in 2023 and is headquartered in Reno, Nevada.

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