NuScale Power (NYSE:SMR) Stock Price Down 6.3% Following Insider Selling

Key Points

• Large insider selling: Director Corp Fluor sold 13.5M shares on April 21 at an average $11.81 (~$159.4M) and 12.936M shares on April 15 at $11.63 (~$150.5M), cutting its stake by about 48.9%.
• Market reaction: SMR shares fell about 6.3% (last around $12.71) with volume surging to ~66.85M shares, a 134% increase versus average daily volume.
• Analyst and fundamental pressure: Multiple firms trimmed price targets and ratings (Citigroup to $9, Goldman to $14, Barclays to $15), the consensus is a "Hold" with a $20.15 average target, and the company recently missed EPS and revenue expectations (reported ($0.80) EPS on $1.81M revenue).

Shares of NuScale Power Corporation (NYSE:SMR - Get Free Report) dropped 6.3% during trading on Thursday following insider selling activity. The company traded as low as $12.21 and last traded at $12.71. Approximately 66,847,105 shares changed hands during trading, an increase of 134% from the average daily volume of 28,571,646 shares. The stock had previously closed at $13.57.

Specifically, Director Corp Fluor sold 13,500,000 shares of NuScale Power stock in a transaction that occurred on Tuesday, April 21st. The shares were sold at an average price of $11.81, for a total transaction of $159,435,000.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Corp Fluor sold 12,936,472 shares of NuScale Power stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $11.63, for a total transaction of $150,451,169.36. Following the transaction, the director directly owned 13,500,000 shares in the company, valued at approximately $157,005,000. This represents a 48.93% decrease in their position. The SEC filing for this sale provides additional information.

Analysts Set New Price Targets

SMR has been the topic of several recent analyst reports. TD Cowen cut shares of NuScale Power from a "buy" rating to a "hold" rating in a research report on Wednesday, February 11th. Cantor Fitzgerald dropped their target price on shares of NuScale Power from $55.00 to $20.00 and set an "overweight" rating on the stock in a research report on Tuesday, February 24th. Citigroup dropped their target price on shares of NuScale Power from $11.50 to $9.00 and set a "sell" rating on the stock in a research report on Tuesday. The Goldman Sachs Group dropped their target price on shares of NuScale Power from $20.00 to $14.00 and set a "neutral" rating on the stock in a research report on Monday, March 2nd. Finally, Barclays dropped their target price on shares of NuScale Power from $45.00 to $15.00 and set an "equal weight" rating on the stock in a research report on Monday, February 23rd. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, nine have given a Hold rating and three have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $20.15.

Trending Headlines about NuScale Power

Here are the key news stories impacting NuScale Power this week:

• Positive Sentiment: Investors briefly bid the stock higher ahead of Q1 results — SMR jumped ~16% in the previous session as traders positioned for the earnings release. NuScale (SMR) Q1 Earnings Loom, Jumps 16%
• Neutral Sentiment: Analyst fair-value models were trimmed only slightly (from ~$20.73 to ~$20.42), highlighting a mixed view: meaningful upside remains if execution and funding go right, but timelines/funding risk persist. How The NuScale Power (SMR) Narrative Is Shifting As Price Targets And Timelines Reset
• Negative Sentiment: Large insider/corporate sale: Director Corp Fluor sold 13.5M shares at an average $11.81 (~$159.4M), a substantial block that raises supply and market concern about insider selling. SEC Form 4 - Fluor Sale
• Negative Sentiment: Citigroup cut its price target to $9.00, signaling reduced near‑term upside and putting downward pressure on sentiment. Citigroup Lowers NuScale Power NYSE: SMR Price Target to $9.00
• Negative Sentiment: Additional analyst downgrade headlines have already driven intraday weakness (reported trading down ~8.9% on a downgrade), reinforcing bearish momentum. NuScale Power NYSE: SMR Trading Down 8.9% on Analyst Downgrade
• Negative Sentiment: Ongoing fundamental concerns remain: prior quarterly results showed a large EPS miss and very low revenue, and recent commentary highlights commercialization/timing and funding risks that have driven a multi‑month decline. NuScale Power Stock Falls 70% in 6 Months. Here's Why the Nuclear Energy Company Faces Headwinds.

NuScale Power Trading Down 6.3%

The company has a market cap of $4.30 billion, a P/E ratio of -4.40 and a beta of 2.27. The business's fifty day moving average is $11.91 and its 200 day moving average is $20.25.

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 analysts' consensus estimates 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 company had revenue of $1.81 million during the quarter, compared to the consensus estimate of $8.76 million. As a group, research analysts expect that NuScale Power Corporation will post -0.48 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Apollon Wealth Management LLC grew its stake in NuScale Power by 76.3% in the 1st quarter. Apollon Wealth Management LLC now owns 30,581 shares of the company's stock valued at $331,000 after buying an additional 13,236 shares in the last quarter. Janney Montgomery Scott LLC grew its position in shares of NuScale Power by 18.9% during the 1st quarter. Janney Montgomery Scott LLC now owns 16,012 shares of the company's stock valued at $174,000 after purchasing an additional 2,549 shares in the last quarter. MRA Advisory Group increased its holdings in shares of NuScale Power by 28.7% in the first quarter. MRA Advisory Group now owns 51,356 shares of the company's stock worth $557,000 after purchasing an additional 11,454 shares during the period. Onyx Bridge Wealth Group LLC bought a new position in shares of NuScale Power in the first quarter worth $166,000. Finally, Wealth Effects LLC purchased a new stake in shares of NuScale Power in the first quarter worth $114,000. 78.37% of the stock is currently owned by hedge funds and other institutional investors.

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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