NuScale Power Corporation (NYSE:SMR – Get Free Report) CFO Robert Hamady sold 20,000 shares of the business’s stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $7.89, for a total value of $157,800.00. Following the sale, the chief financial officer owned 144,235 shares in the company, valued at approximately $1,138,014.15. The trade was a 12.18% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Robert Ramsey Hamady also recently made the following trade(s):
- On Thursday, August 27th, Robert Hamady sold 29,880 shares of NuScale Power stock. The shares were sold at an average price of $9.39, for a total value of $280,573.20.
NuScale Power Stock Down 4.7%
Shares of NYSE:SMR opened at $7.64 on Thursday. NuScale Power Corporation has a 52-week low of $7.21 and a 52-week high of $57.42. The stock has a market cap of $3.29 billion, a price-to-earnings ratio of -2.62 and a beta of 2.36. The business has a 50-day moving average price of $9.03 and a 200-day moving average price of $10.07.
Institutional Trading of NuScale Power
Several institutional investors have recently modified their holdings of the stock. Renaissance Technologies LLC purchased a new stake in shares of NuScale Power during the 1st quarter worth $59,141,000. Bank of America Corp DE raised its stake in NuScale Power by 33.4% in the first quarter. Bank of America Corp DE now owns 2,062,232 shares of the company’s stock valued at $22,355,000 after buying an additional 516,097 shares in the last quarter. Swedbank AB lifted its holdings in NuScale Power by 36.3% during the 1st quarter. Swedbank AB now owns 1,502,300 shares of the company’s stock worth $16,285,000 after buying an additional 400,240 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund acquired a new position in shares of NuScale Power during the 1st quarter worth about $4,336,000. Finally, Empowered Funds LLC acquired a new position in shares of NuScale Power during the 1st quarter worth about $1,404,000. Institutional investors and hedge funds own 78.37% of the company’s stock.
Analyst Ratings Changes
Several research analysts recently issued reports on the stock. Weiss Ratings reissued a “sell (d-)” rating on shares of NuScale Power in a report on Monday, September 21st. Truist Financial initiated coverage on shares of NuScale Power in a report on Monday, July 13th. They issued a “hold” rating and a $10.00 price target on the stock. UBS Group downgraded NuScale Power from a “neutral” rating to a “sell” rating and cut their price target for the stock from $10.00 to $6.00 in a research report on Friday, September 11th. B. Riley Financial reduced their price objective on NuScale Power from $19.00 to $15.00 and set a “buy” rating for the company in a research note on Friday, August 14th. Finally, Citigroup decreased their price objective on NuScale Power from $7.50 to $6.50 and set a “sell” rating for the company in a report on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, eight have issued a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $12.96.
Get Our Latest Research Report on SMR
Trending Headlines about NuScale Power
Here are the key news stories impacting NuScale Power this week:
- Positive Sentiment: Google’s 20-year nuclear power agreement has renewed investor interest in advanced nuclear companies, including NuScale, by highlighting expected long-term electricity demand from data centers. The broader nuclear-stock rally provided a temporary boost to SMR and its peers. Google’s Power Deal Fuels Fresh Interest in Nuclear Stocks
- Positive Sentiment: NuScale’s partnership with ENTRA1 could support future TVA deployments and commercial opportunities tied to data centers and industrial power. The company also has approximately $1.9 billion in cash, cash equivalents and investments, providing liquidity while it pursues commercialization. How ENTRA1 Is Supporting NuScale’s Commercial Nuclear Push
- Neutral Sentiment: NuScale will report third-quarter 2026 results on November 5. The event could become a near-term catalyst, particularly for updates on customer discussions, project timing, cash usage and the company’s commercialization strategy. NuScale Power to Hold Third Quarter 2026 Earnings Conference Call
- Negative Sentiment: GE Vernova’s BWRX-300 reactor, being developed for TVA, received federal construction approval ahead of NuScale’s design. Investors may view this as evidence that a competing SMR could reach a construction site sooner, weakening NuScale’s first-mover narrative. GE Vernova Beats NuScale to Construction Permit
- Negative Sentiment: NuScale’s CFO Robert Hamady sold 20,000 shares under a pre-arranged Rule 10b5-1 plan. Although scheduled selling does not necessarily signal worsening fundamentals, it adds to concerns because reported insider activity has consisted of sales rather than purchases. Insider Selling: NuScale Power CFO Sells Stock
- Negative Sentiment: Pomerantz LLP is investigating potential claims on behalf of NuScale investors, creating additional headline and legal risk. The company also remains loss-making, with sharply reduced recent revenue and analysts expecting a full-year loss. Pomerantz Investigates Claims on Behalf of NuScale Investors
About NuScale Power
NuScale Power Corporation develops small modular reactor (SMR) technology for the generation of carbon-free electricity and process heat. Its primary product is the VOYGR SMR power plant, which is based on the company’s proprietary pressurized light-water reactor design. The plants are intended to be built from factory-produced modules and can be configured for applications including utility-scale power generation, industrial heat, hydrogen production, and water desalination.
NuScale provides reactor technology, engineering and design support, licensing assistance, and services intended to help customers develop and deploy SMR facilities.
Featured Stories
- Five stocks we like better than NuScale Power
- Skydance Just Became a Media Giant—With an $80 Billion Debt Load
- Could Velo3D Be the Next Defense Buyout Target?
- Penguin Solutions Is Soaring as AI Memory Demand Explodes
- Alphabet’s Chart Is Coiling—and the Fundamentals May Be Ready to Back It Up
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.
