Wells Fargo & Company MN lifted its holdings in Nano Nuclear Energy Inc. (NASDAQ:NNE - Free Report) by 433.3% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 37,106 shares of the company's stock after purchasing an additional 30,148 shares during the period. Wells Fargo & Company MN owned about 0.10% of Nano Nuclear Energy worth $924,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Geode Capital Management LLC raised its stake in shares of Nano Nuclear Energy by 7.3% in the fourth quarter. Geode Capital Management LLC now owns 71,068 shares of the company's stock worth $1,769,000 after buying an additional 4,844 shares during the period. Franklin Resources Inc. purchased a new position in Nano Nuclear Energy during the fourth quarter valued at approximately $1,036,000. Blair William & Co. IL bought a new position in shares of Nano Nuclear Energy in the fourth quarter worth approximately $793,000. JPMorgan Chase & Co. increased its stake in shares of Nano Nuclear Energy by 19.0% in the fourth quarter. JPMorgan Chase & Co. now owns 2,076 shares of the company's stock worth $52,000 after purchasing an additional 331 shares in the last quarter. Finally, Vanguard Group Inc. boosted its holdings in Nano Nuclear Energy by 2,838.5% in the 4th quarter. Vanguard Group Inc. now owns 685,619 shares of the company's stock worth $17,068,000 after buying an additional 662,287 shares during the period.
Analysts Set New Price Targets
Separately, HC Wainwright reiterated a "buy" rating and set a $50.00 target price on shares of Nano Nuclear Energy in a research report on Monday, March 31st.
Read Our Latest Report on Nano Nuclear Energy
Nano Nuclear Energy Stock Up 3.1 %
NASDAQ NNE traded up $0.73 on Friday, reaching $24.19. The company had a trading volume of 1,602,440 shares, compared to its average volume of 3,561,965. The stock has a market capitalization of $896.80 million and a PE ratio of -59.00. Nano Nuclear Energy Inc. has a 12 month low of $3.25 and a 12 month high of $48.05. The firm's 50 day moving average price is $25.58 and its 200 day moving average price is $26.52.
Nano Nuclear Energy (NASDAQ:NNE - Get Free Report) last announced its quarterly earnings results on Thursday, February 13th. The company reported ($0.09) EPS for the quarter, beating analysts' consensus estimates of ($0.18) by $0.09. On average, research analysts expect that Nano Nuclear Energy Inc. will post -0.92 EPS for the current year.
About Nano Nuclear Energy
(
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
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
