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Nuveen Asset Management LLC Takes Position in Nano Nuclear Energy Inc. (NASDAQ:NNE)

Nano Nuclear Energy logo with Energy background

Nuveen Asset Management LLC acquired a new stake in shares of Nano Nuclear Energy Inc. (NASDAQ:NNE - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 182,535 shares of the company's stock, valued at approximately $4,544,000. Nuveen Asset Management LLC owned 0.50% of Nano Nuclear Energy as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. Central Asset Investments & Management Holdings HK Ltd purchased a new position in Nano Nuclear Energy in the 4th quarter valued at about $774,000. Newbridge Financial Services Group Inc. acquired a new stake in Nano Nuclear Energy during the fourth quarter worth about $200,000. LPL Financial LLC acquired a new stake in Nano Nuclear Energy during the fourth quarter worth about $2,596,000. Franklin Resources Inc. acquired a new stake in Nano Nuclear Energy during the fourth quarter worth about $1,036,000. Finally, Powell Investment Advisors LLC acquired a new stake in Nano Nuclear Energy during the fourth quarter worth about $602,000.

Analyst Ratings Changes

Separately, HC Wainwright reiterated a "buy" rating and set a $50.00 price objective on shares of Nano Nuclear Energy in a research note on Monday, March 31st.

View Our Latest Report on Nano Nuclear Energy

Nano Nuclear Energy Trading Up 1.5%

NNE traded up $0.45 on Wednesday, hitting $29.63. 2,763,705 shares of the company's stock were exchanged, compared to its average volume of 3,778,883. The firm has a market cap of $1.11 billion and a PE ratio of -72.27. Nano Nuclear Energy Inc. has a twelve month low of $6.30 and a twelve month high of $48.05. The stock has a fifty day moving average of $25.20 and a two-hundred day moving average of $27.66.

Nano Nuclear Energy (NASDAQ:NNE - Get Free Report) last released its quarterly earnings data on Thursday, May 15th. The company reported ($0.57) earnings per share for the quarter, missing the consensus estimate of ($0.11) by ($0.46). On average, analysts predict that Nano Nuclear Energy Inc. will post -0.92 EPS for the current year.

About Nano Nuclear Energy

(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

Institutional Ownership by Quarter for Nano Nuclear Energy (NASDAQ:NNE)

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