2 weeks Ago By Defense World Staff
KLP Kapitalforvaltning AS bought a new stake in NuScale Power Co. ( NYSE:SMR – Free Report ) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 21,400 shares of the company’s stock, valued at approximately $384,000.
Other institutional investors and hedge funds have also modified their holdings of the company. Charles Schwab Investment Management Inc. raised its position in NuScale Power by 212.
4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 677,248 shares of the company’s stock valued at $7,843,000 after purchasing an additional 460,487 shares during the last quarter.
Verition Fund Management LLC raised its holdings in shares of NuScale Power by 319.9% in the third quarter. Verition Fund Management LLC now owns 113,476 shares of the company’s stock valued at $1,314,000 after buying an additional 86,454 shares during the last quarter.
JPMorgan Chase & Co. lifted its position in NuScale Power by 204.0% during the 3rd quarter.
JPMorgan Chase & Co. now owns 166,629 shares of the company’s stock worth $1,930,000 after buying an additional 111,812 shares in the last quarter. Stifel Financial Corp lifted its position in NuScale Power by 581.
8% during the 3rd quarter. Stifel Financial Corp now owns 118,355 shares of the company’s stock worth $1,371,000 after buying an additional 100,995 shares in the last quarter. Finally, Benjamin Edwards Inc.
bought a new stake in NuScale Power during the 3rd quarter worth about $277,000. 78.37% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling at NuScale Power In other NuScale Power news, CTO Jose N. Reyes, Jr. sold 33,000 shares of the stock in a transaction dated Wednesday, April 2nd.
The stock was sold at an average price of $15.13, for a total value of $499,290.00.
Following the transaction, the chief technology officer now owns 516,207 shares of the company’s stock, valued at approximately $7,810,211.91. This represents a 6.
01 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website . Also, CFO Robert Ramsey Hamady sold 31,496 shares of the business’s stock in a transaction dated Friday, March 7th.
The stock was sold at an average price of $15.70, for a total value of $494,487.20.
Following the transaction, the chief financial officer now owns 29,985 shares of the company’s stock, valued at $470,764.50. The trade was a 51.
23 % decrease in their ownership of the stock. The disclosure for this sale can be found here . In the last three months, insiders have sold 89,114 shares of company stock worth $1,351,231.
Company insiders own 1.96% of the company’s stock. Analyst Ratings Changes Check Out Our Latest Analysis on SMR NuScale Power Trading Down 11.
1 % Shares of SMR opened at $12.57 on Friday. The stock’s fifty day simple moving average is $19.
18 and its 200-day simple moving average is $19.66. The company has a quick ratio of 2.
24, a current ratio of 2.24 and a debt-to-equity ratio of 0.26.
The firm has a market capitalization of $3.55 billion, a PE ratio of -13.23 and a beta of 1.
58. NuScale Power Co. has a 12-month low of $4.
61 and a 12-month high of $32.30. About NuScale Power ( Free Report ) NuScale Power Corporation engages in the development and sale of modular light water reactor nuclear power plants to supply energy for electrical generation, district heating, desalination, hydrogen production, and other process heat applications.
It offers NuScale Power Module (NPM), a water reactor that can generate 77 megawatts of electricity (MWe); and VOYGR power plant designs for three facility sizes that are capable of housing from one to four and six or twelve NPMs. Read More Five stocks we like better than NuScale Power How to Calculate Inflation Rate Archer Aviation’s Africa Deal Could Boost ACHR Stock What is the NASDAQ Stock Exchange? Are Short Sellers Wrong About These 3 Semiconductor Stocks? 3 Stocks to Consider Buying in October Boeing Gets $50B in March Orders—Is BA Stock a Buy Now? Receive News & Ratings for NuScale Power Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NuScale Power and related companies with MarketBeat.com's FREE daily email newsletter .
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