Deep Fission (NASDAQ:FISN) CEO Purchases 10,000 Shares of Company Stock

Key Points

• CEO Elizabeth Muller purchased 10,000 shares at $2.16 each, investing $21,600; the SEC filing says she directly owned 10,000 shares after the transaction.
• Deep Fission shares recently traded at $2.06, near the bottom of their $1.44–$19.00 52-week range. The company reported a quarterly loss of $0.36 per share.
• Analysts have a consensus “Moderate Buy” rating and a $17.20 average price target, though recommendations range from Buy to Sell.

Deep Fission, Inc. (NASDAQ:FISN - Get Free Report) CEO Elizabeth Muller bought 10,000 shares of the company's stock in a transaction on Wednesday, November 11th. The shares were bought at an average cost of $2.16 per share, for a total transaction of $21,600.00. Following the transaction, the chief executive officer directly owned 10,000 shares in the company, valued at approximately $21,600. This represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Deep Fission Price Performance

Shares of FISN traded down $0.02 during trading hours on Friday, hitting $2.06. The company had a trading volume of 256,963 shares, compared to its average volume of 468,240. The company has a market cap of $121.35 million and a P/E ratio of -2.24. Deep Fission, Inc. has a one year low of $1.44 and a one year high of $19.00. The business's fifty day moving average price is $4.61.

Deep Fission (NASDAQ:FISN - Get Free Report) last issued its quarterly earnings data on Wednesday, November 4th. The company reported ($0.36) earnings per share for the quarter. Sell-side analysts predict that Deep Fission, Inc. will post -2.02 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. Roth Capital assumed coverage on shares of Deep Fission in a research report on Tuesday, September 22nd. They issued a "buy" rating and a $18.00 price objective on the stock. Zacks Research raised shares of Deep Fission to a "hold" rating in a research report on Wednesday, August 5th. Seaport Research Partners initiated coverage on shares of Deep Fission in a research note on Tuesday, August 4th. They issued a "buy" rating and a $25.00 target price for the company. Wall Street Zen lowered shares of Deep Fission from a "sell" rating to a "strong sell" rating in a report on Saturday, October 17th. Finally, Maxim Group reduced their price target on Deep Fission to $12.00 and set a "buy" rating on the stock in a research report on Friday, October 23rd. Four investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Deep Fission has an average rating of "Moderate Buy" and a consensus price target of $17.20.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Elevation Wealth Management LLC acquired a new stake in Deep Fission during the 2nd quarter valued at approximately $3,294,000. Chapin Davis Inc. purchased a new stake in shares of Deep Fission in the 2nd quarter valued at $210,000. Finally, Blue Owl Capital Holdings LP purchased a new stake in shares of Deep Fission in the 2nd quarter valued at $14,720,000.

About Deep Fission

Deep Fission, Inc. is an advanced nuclear energy company developing small modular reactors designed for installation in deep vertical boreholes. Its approach places the reactor system underground while delivering electricity to facilities at the surface. The company’s design uses pressurized-water reactor technology, with the goal of combining established reactor principles with a below-ground configuration. Deep Fission is developing the technology for potential use in power generation, including for utilities and energy-intensive customers.

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