Andar Capital Management HK Ltd Takes Position in NuScale Power Corporation $SMR

Andar Capital Management HK Ltd bought a new position in shares of NuScale Power Corporation (NYSE:SMR) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 60,000 shares of the company’s stock, valued at approximately $2,160,000. NuScale Power accounts for 2.2% of Andar Capital Management HK Ltd’s investment portfolio, making the stock its 17th biggest position.

Other institutional investors also recently modified their holdings of the company. Geode Capital Management LLC increased its position in NuScale Power by 25.2% in the 2nd quarter. Geode Capital Management LLC now owns 2,854,664 shares of the company’s stock worth $112,944,000 after buying an additional 574,295 shares during the period. State Street Corp increased its position in NuScale Power by 37.5% during the second quarter. State Street Corp now owns 2,736,187 shares of the company’s stock worth $108,244,000 after acquiring an additional 746,667 shares during the period. Bank of America Corp DE raised its stake in NuScale Power by 80.9% during the 2nd quarter. Bank of America Corp DE now owns 2,333,248 shares of the company’s stock valued at $92,303,000 after purchasing an additional 1,043,676 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in NuScale Power by 1,220.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,845,116 shares of the company’s stock valued at $26,127,000 after purchasing an additional 1,705,411 shares during the period. Finally, Man Group plc bought a new stake in NuScale Power in the 2nd quarter valued at $33,877,000. Institutional investors own 78.37% of the company’s stock.

Insider Transactions at NuScale Power

In related news, CFO Robert Ramsey Hamady sold 40,000 shares of the company’s stock in a transaction dated Monday, December 8th. The shares were sold at an average price of $22.17, for a total transaction of $886,800.00. Following the transaction, the chief financial officer owned 46,283 shares in the company, valued at $1,026,094.11. This represents a 46.36% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 1.20% of the stock is currently owned by company insiders.

NuScale Power Price Performance

SMR stock opened at $14.31 on Friday. The business has a fifty day moving average price of $17.76 and a 200 day moving average price of $29.18. NuScale Power Corporation has a fifty-two week low of $11.08 and a fifty-two week high of $57.42. The stock has a market capitalization of $4.27 billion, a price-to-earnings ratio of -5.00 and a beta of 2.14.

NuScale Power News Roundup

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

• Positive Sentiment: NuScale announced an official collaboration with Oak Ridge National Laboratory to explore AI-guided nuclear fuel management across multiple reactors — a technology validation that could improve operating efficiency, reduce fuel costs and strengthen NuScale’s product competitiveness. BusinessWire: NuScale–ORNL collaboration
• Positive Sentiment: Romania’s SMR program appears to be advancing: World Nuclear News reports a Final Investment Decision for Romania’s SMR project, which — if it proceeds on schedule — supports NuScale’s backlog and first-of-a-kind deployment prospects. World Nuclear News: Romania FID
• Positive Sentiment: Nuclearelectrica shareholders approved the Doicesti SMR investment, reducing near-term political/approval risk for the Romanian project that will use NuScale technology. This is a concrete step toward project execution. SeeNews: Shareholder approval
• Neutral Sentiment: Retail and social commentary have reacted positively to the ORNL partnership, calling NuScale a “real player” — helpful for sentiment but not a substitute for contract wins or revenue. MSN: Retail reaction
• Negative Sentiment: Analyst caution: TD Cowen downgraded NuScale to a hold citing vote/delay risk on the Romania project and the potential for the company’s first SMR deployment to slip to 2034 — a catalyst that could push out revenue and cash flow. Investing.com: TD Cowen downgrade
• Negative Sentiment: Deep-dive skeptical coverage highlights valuation and financing risks (one piece calls out “death spiral” concerns and a rating downgrade risk), underscoring high uncertainty around cash burn, dilution and timeline execution. These narratives can pressure the stock until firm contracts and schedule clarity arrive. Seeking Alpha: Risk analysis
• Negative Sentiment: Technical/valuation headwinds remain: the shares trade well below the 50- and 200-day moving averages, the company shows negative earnings (negative P/E), and analysts warn of potential dilution — all factors that increase downside volatility until execution and cash-flow visibility improve. Yahoo Finance: Valuation & delay analysis

Analysts Set New Price Targets

Several brokerages recently issued reports on SMR. Royal Bank Of Canada set a $21.00 price target on NuScale Power in a research note on Tuesday, January 20th. The Goldman Sachs Group restated a “neutral” rating and set a $20.00 price objective on shares of NuScale Power in a research report on Wednesday, February 4th. Cantor Fitzgerald started coverage on NuScale Power in a research report on Tuesday, October 21st. They issued an “overweight” rating and a $55.00 target price for the company. Bank of America raised shares of NuScale Power from an “underperform” rating to a “neutral” rating and set a $28.00 price target on the stock in a report on Friday, January 9th. Finally, UBS Group set a $20.00 price objective on shares of NuScale Power in a report on Tuesday, November 25th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, eight have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $33.19.

NuScale Power 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.