Universal Beteiligungs und Servicegesellschaft mbH Has $303,000 Stake in NuScale Power Corporation $SMR

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH cut its NuScale stake by 88.4% in Q4, selling 163,220 shares and retaining 21,389 shares worth $303,000.
• Large insider selling: Fluor sold 13.5 million shares (~$162.9M) and CEO John Hopkins sold 82,667 shares, with insiders disposing of a total of 40,572,082 shares valued at $481M over the past three months.
• NuScale badly missed quarterly estimates (EPS -$0.80 vs. -$0.10 expected; revenue $1.81M vs. $8.76M), has negative margins, a $4.01B market cap, and an analyst consensus of "Hold" with a $19.77 average target.

Universal Beteiligungs und Servicegesellschaft mbH reduced its holdings in NuScale Power Corporation (NYSE:SMR - Free Report) by 88.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 21,389 shares of the company's stock after selling 163,220 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH's holdings in NuScale Power were worth $303,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of SMR. Pasadena Private Wealth LLC grew its position in shares of NuScale Power by 4.9% in the 3rd quarter. Pasadena Private Wealth LLC now owns 6,147 shares of the company's stock valued at $221,000 after purchasing an additional 287 shares during the period. Family Capital Management Inc. raised its holdings in NuScale Power by 3.5% during the 3rd quarter. Family Capital Management Inc. now owns 8,682 shares of the company's stock worth $313,000 after buying an additional 291 shares during the period. Cibc World Market Inc. lifted its stake in NuScale Power by 3.8% in the third quarter. Cibc World Market Inc. now owns 9,000 shares of the company's stock valued at $324,000 after buying an additional 329 shares in the last quarter. MAI Capital Management boosted its holdings in shares of NuScale Power by 37.0% in the third quarter. MAI Capital Management now owns 1,654 shares of the company's stock valued at $60,000 after buying an additional 447 shares during the period. Finally, Park Avenue Securities LLC increased its position in shares of NuScale Power by 1.5% during the third quarter. Park Avenue Securities LLC now owns 36,314 shares of the company's stock worth $1,307,000 after acquiring an additional 525 shares in the last quarter. Institutional investors and hedge funds own 78.37% of the company's stock.

NuScale Power Trading Down 2.5%

Shares of SMR opened at $11.87 on Wednesday. The stock has a market capitalization of $4.01 billion, a price-to-earnings ratio of -4.11 and a beta of 2.24. NuScale Power Corporation has a 12 month low of $8.85 and a 12 month high of $57.42. The firm has a fifty day simple moving average of $11.63 and a 200 day simple moving average of $18.58.

NuScale Power (NYSE:SMR - Get Free Report) last issued its quarterly earnings results on Thursday, February 26th. The company reported ($0.80) EPS for the quarter, missing the consensus estimate of ($0.10) by ($0.70). NuScale Power had a negative return on equity of 55.23% and a negative net margin of 1,130.26%.The business had revenue of $1.81 million for the quarter, compared to the consensus estimate of $8.76 million. As a group, research analysts predict that NuScale Power Corporation will post -0.44 earnings per share for the current fiscal year.

Insider Buying and Selling at NuScale Power

In other NuScale Power news, Director Corp Fluor sold 13,500,000 shares of the business's stock in a transaction that occurred on Thursday, April 9th. The stock was sold at an average price of $12.07, for a total transaction of $162,945,000.00. Following the transaction, the director owned 26,436,472 shares of the company's stock, valued at $319,088,217.04. The trade was a 33.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO John Lawrence Hopkins sold 82,667 shares of the company's stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $12.22, for a total value of $1,010,190.74. Following the completion of the sale, the chief executive officer owned 117,018 shares in the company, valued at $1,429,959.96. This represents a 41.40% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 40,572,082 shares of company stock valued at $481,029,608 in the last three months. Corporate insiders own 1.28% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the stock. Bank of America upgraded shares of NuScale Power from an "underperform" rating to a "neutral" rating and set a $28.00 price objective on the stock in a report on Friday, January 9th. UBS Group reduced their target price on shares of NuScale Power from $20.00 to $13.00 and set a "neutral" rating for the company in a research note on Wednesday, March 18th. Barclays lowered their target price on NuScale Power from $45.00 to $15.00 and set an "equal weight" rating for the company in a report on Monday, February 23rd. Canaccord Genuity Group cut their price target on NuScale Power from $60.00 to $25.00 and set a "buy" rating on the stock in a report on Friday, February 27th. Finally, Zacks Research raised NuScale Power from a "strong sell" rating to a "hold" rating in a research report on Friday, February 20th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, nine have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $19.77.

NuScale Power Company Profile

NuScale Power Corporation, trading on the NYSE American under the ticker SMR, is a pioneering developer of small modular nuclear reactors. Established in 2007 as a spinout from Oregon State University, the company is headquartered in Portland, Oregon. NuScale’s mission is to deliver zero-carbon baseload power through scalable modular reactor technology, aiming to transform traditional nuclear energy deployment.

At the core of NuScale’s offering is the VOYGR small modular reactor design, featuring 77-megawatt electric (MWe) modules with passive safety systems.

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