Wealth Enhancement Advisory Services LLC purchased a new stake in shares of Nano Nuclear Energy Inc. (NASDAQ:NNE - Free Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 10,884 shares of the company's stock, valued at approximately $271,000.
A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Ameriflex Group Inc. purchased a new position in Nano Nuclear Energy during the fourth quarter worth about $29,000. New York State Common Retirement Fund purchased a new stake in Nano Nuclear Energy in the fourth quarter valued at approximately $30,000. Aster Capital Management DIFC Ltd bought a new stake in Nano Nuclear Energy during the fourth quarter valued at approximately $30,000. IFP Advisors Inc grew its stake in Nano Nuclear Energy by 638.5% in the 4th quarter. IFP Advisors Inc now owns 1,477 shares of the company's stock worth $37,000 after buying an additional 1,277 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in shares of Nano Nuclear Energy by 19.0% in the 4th quarter. JPMorgan Chase & Co. now owns 2,076 shares of the company's stock worth $52,000 after buying an additional 331 shares during the last quarter.
Analyst Ratings Changes
Separately, HC Wainwright reissued a "buy" rating and issued a $50.00 target price on shares of Nano Nuclear Energy in a research note on Monday, March 31st.
Get Our Latest Report on Nano Nuclear Energy
Nano Nuclear Energy Price Performance
NASDAQ NNE traded up $4.48 on Thursday, reaching $37.97. 4,273,959 shares of the company's stock traded hands, compared to its average volume of 3,909,743. The stock has a market cap of $1.57 billion and a PE ratio of -41.73. Nano Nuclear Energy Inc. has a 12 month low of $6.30 and a 12 month high of $48.05. The stock has a 50-day simple moving average of $26.89 and a 200 day simple moving average of $28.06.
Nano Nuclear Energy (NASDAQ:NNE - Get Free Report) last announced its quarterly earnings data on Thursday, May 15th. The company reported ($0.57) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.11) by ($0.46). As a group, analysts anticipate that Nano Nuclear Energy Inc. will post -0.92 EPS for the current year.
Nano Nuclear Energy Profile
(
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.
Read More
Before you consider Nano Nuclear Energy, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Nano Nuclear Energy wasn't on the list.
While Nano Nuclear Energy currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
