NuScale Power Corporation (NYSE:SMR - Get Free Report) hit a new 52-week low during trading on Tuesday following insider selling activity. The stock traded as low as $8.85 and last traded at $9.5860, with a volume of 25179719 shares. The stock had previously closed at $9.21.
Specifically, Director Corp Fluor sold 13,500,000 shares of NuScale Power stock in a transaction that occurred on Thursday, April 9th. The stock was sold at an average price of $12.07, for a total value of $162,945,000.00. Following the transaction, the director directly owned 26,436,472 shares in the company, valued at approximately $319,088,217.04. This trade represents a 33.80% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
Analysts Set New Price Targets
Several research analysts have weighed in on the company. Texas Capital upgraded NuScale Power to a "strong-buy" rating in a research note on Tuesday, January 27th. Barclays lowered their target price on NuScale Power from $45.00 to $15.00 and set an "equal weight" rating on the stock in a research note on Monday, February 23rd. Weiss Ratings reissued a "sell (d-)" rating on shares of NuScale Power in a report on Friday, March 27th. The Goldman Sachs Group reduced their price target on NuScale Power from $20.00 to $14.00 and set a "neutral" rating for the company in a report on Monday, March 2nd. Finally, B. Riley Financial reduced their price target on NuScale Power from $38.00 to $24.00 and set a "buy" rating for the company in a report on Monday, December 22nd. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, eight have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $20.96.
Read Our Latest Stock Analysis on SMR
NuScale Power News Roundup
Here are the key news stories impacting NuScale Power this week:
- Positive Sentiment: Brokerage / media bullishness and near-term catalyst speculation — commentary pieces note upcoming catalyst(s) (May 7 referenced) and longer-term demand from AI/data-center electrification that could benefit small modular reactors, supporting speculative buying and sector interest. May 7 Could Change Everything for NuScale Power
- Positive Sentiment: Comparative bullish analysis — an article weighing NuScale vs. peers argues nuclear names could benefit from rising power demand for AI/data centers, which can draw investor interest and buying into beaten-down names. Nuclear Stock Face-Off: Is Oklo or NuScale Power the Better Buy Right Now?
- Neutral Sentiment: Valuation check — a market writeup examines whether recent sharp declines make SMR attractive on valuation metrics; this can support bargain-hunting but also highlights volatility and execution risk. Is NuScale Power (SMR) Now Attractive After Sharp Share Price Declines?
- Negative Sentiment: Multiple class-action filings and plaintiff solicitations tied to the ENTRA1 disclosure and a large prior stock drop — several national law firms (Faruqi & Faruqi; Berger Montague; Rosen; Bronstein; BFA; Levi & Korsinsky; Frank R. Cruz) have announced investigations or reminders about April 20 lead-plaintiff deadlines. These notices signal active litigation risk, potential damages exposure and continued negative headlines that typically weigh on investor sentiment. Faruqi & Faruqi class action notice
- Negative Sentiment: Specific allegations around ENTRA1 performance — a plaintiff firm highlights that ENTRA1 “veterans” had no nuclear projects and asserts investors lost ~70%, framing the core merits of the fraud claims and reinforcing downside legal/execution narratives. Levi & Korsinsky on ENTRA1 issues
- Negative Sentiment: Large director share sale — NuScale director Corp Fluor sold 13.5M shares (~$163M) on April 9, reducing their stake ~33.8%. The magnitude of the sale can be viewed negatively by investors as supply pressure or a signal about insider conviction (SEC filing). SEC Form 4 — Fluor sale
NuScale Power Stock Performance
The firm has a fifty day moving average price of $12.56 and a 200 day moving average price of $21.41. The firm has a market capitalization of $3.24 billion, a price-to-earnings ratio of -3.32 and a beta of 2.27.
NuScale Power (NYSE:SMR - Get Free Report) last posted 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). The business had revenue of $1.81 million during the quarter, compared to analyst estimates of $8.76 million. NuScale Power had a negative net margin of 1,130.26% and a negative return on equity of 55.23%. Research analysts predict that NuScale Power Corporation will post -0.73 earnings per share for the current fiscal year.
Institutional Trading of NuScale Power
Several hedge funds have recently modified their holdings of the business. Vanguard Group Inc. raised its holdings in NuScale Power by 40.5% during the fourth quarter. Vanguard Group Inc. now owns 15,545,018 shares of the company's stock worth $220,273,000 after purchasing an additional 4,482,254 shares during the last quarter. Van ECK Associates Corp raised its holdings in NuScale Power by 117.8% during the fourth quarter. Van ECK Associates Corp now owns 11,515,561 shares of the company's stock worth $163,176,000 after purchasing an additional 6,227,747 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in NuScale Power by 22.6% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,310,961 shares of the company's stock worth $263,195,000 after purchasing an additional 1,346,796 shares during the last quarter. Morgan Stanley raised its holdings in NuScale Power by 81.0% during the fourth quarter. Morgan Stanley now owns 5,277,905 shares of the company's stock worth $74,788,000 after purchasing an additional 2,361,532 shares during the last quarter. Finally, Samsung C&T Corp raised its holdings in NuScale Power by 98.9% during the third quarter. Samsung C&T Corp now owns 5,185,804 shares of the company's stock worth $186,689,000 after purchasing an additional 2,578,702 shares during the last quarter. 78.37% of the stock is owned by institutional investors and hedge funds.
About NuScale Power
(
Get Free Report)
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.
See Also
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