NuScale Power Corporation (NYSE:SMR – Get Free Report) Director Corp Fluor sold 13,500,000 shares of NuScale Power stock in a transaction dated Tuesday, April 21st. The shares were sold at an average price of $11.81, for a total value of $159,435,000.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Corp Fluor also recently made the following trade(s):
- On Wednesday, April 15th, Corp Fluor sold 12,936,472 shares of NuScale Power stock. The shares were sold at an average price of $11.63, for a total value of $150,451,169.36.
- On Thursday, April 9th, Corp Fluor sold 13,500,000 shares of NuScale Power stock. The shares were sold at an average price of $12.07, for a total value of $162,945,000.00.
- On Thursday, February 26th, Corp Fluor sold 463,747 shares of NuScale Power stock. The shares were sold at an average price of $13.15, for a total value of $6,098,273.05.
- On Friday, February 13th, Corp Fluor sold 71,000,000 shares of NuScale Power stock. The shares were sold at an average price of $19.05, for a total value of $1,352,550,000.00.
NuScale Power Price Performance
NYSE:SMR opened at $11.96 on Friday. NuScale Power Corporation has a fifty-two week low of $8.85 and a fifty-two week high of $57.42. The stock’s 50-day moving average is $11.84 and its two-hundred day moving average is $19.86. The stock has a market cap of $4.04 billion, a PE ratio of -4.14 and a beta of 2.27.
Wall Street Analyst Weigh In
Several equities research analysts recently commented on SMR shares. The Goldman Sachs Group lowered their price target on NuScale Power from $20.00 to $14.00 and set a “neutral” rating for the company in a research note on Monday, March 2nd. Weiss Ratings reissued a “sell (d-)” rating on shares of NuScale Power in a research note on Friday, March 27th. Cantor Fitzgerald lowered their price target on NuScale Power from $55.00 to $20.00 and set an “overweight” rating for the company in a research note on Tuesday, February 24th. Canaccord Genuity Group lowered their price target on NuScale Power from $60.00 to $25.00 and set a “buy” rating for the company in a research note on Friday, February 27th. Finally, TD Cowen cut NuScale Power from a “buy” rating to a “hold” rating in a research note on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, nine have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, NuScale Power currently has an average rating of “Hold” and an average price target of $19.77.
View Our Latest Analysis on SMR
More NuScale Power News
Here are the key news stories impacting NuScale Power this week:
- Positive Sentiment: B. Riley kept a “buy” rating while trimming its price target to $19, signaling continued analyst conviction that there’s substantial upside if execution improves. B. Riley Lowers PT to $19 (Buy)
- Positive Sentiment: Short‑term bullish positioning ahead of Q1: shares jumped about 16% earlier this week as investors bought ahead of earnings, indicating some traders expect the report or commentary to reduce near‑term uncertainty. Q1 Earnings Loom, Jumps 16%
- Neutral Sentiment: Narrative and target resets: research notes show modest fair‑value trimming and mixed views — the investment case remains if projects and capital plans hold, but timelines/costs are being re‑priced. Narrative Shifting / Price Target Reset
- Neutral Sentiment: Longer‑term debate continues: coverage describes NuScale as “at a crossroads” — meaningful upside if execution succeeds, but commercialization/timeframe risks keep the story uncertain. At Crossroads: Buy Hype or Sell Execution Risks?
- Negative Sentiment: Large insider selling: Corp Fluor sold 13.5M shares (~$159.4M at ~$11.81), following several earlier large dispositions — increases available supply and raises investor concern over timing and insider liquidity. SEC Filing — Form 4
- Negative Sentiment: Rising short interest: short positions grew ~23.9% in April to ~66.3M shares (≈19.9% of shares outstanding), increasing downside pressure and elevating volatility risk if sellers remain active.
- Negative Sentiment: Analyst cuts and downgrades: Citigroup cut its target to $9 and other shops have trimmed targets or raised concerns; these notes have triggered intraday selling and re‑priced expectations lower. Citigroup Lowers PT to $9
- Negative Sentiment: Structural execution risks highlighted in coverage: in‑depth pieces point to commercialization timelines and funding needs as persistent headwinds that could weigh on shares absent clear project progress. Why Stock Fell 70% in 6 Months
Institutional Investors Weigh In On NuScale Power
A number of large investors have recently added to or reduced their stakes in the stock. Royal Bank of Canada boosted its position in NuScale Power by 623.4% during the first quarter. Royal Bank of Canada now owns 457,276 shares of the company’s stock worth $6,475,000 after purchasing an additional 394,065 shares during the period. AQR Capital Management LLC boosted its position in NuScale Power by 37.4% during the first quarter. AQR Capital Management LLC now owns 37,614 shares of the company’s stock worth $533,000 after purchasing an additional 10,244 shares during the period. Integrated Wealth Concepts LLC bought a new stake in NuScale Power during the first quarter worth approximately $390,000. Jones Financial Companies Lllp boosted its position in NuScale Power by 9.1% during the first quarter. Jones Financial Companies Lllp now owns 16,793 shares of the company’s stock worth $238,000 after purchasing an additional 1,394 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in NuScale Power by 1,220.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,845,116 shares of the company’s stock worth $26,127,000 after purchasing an additional 1,705,411 shares during the period. Institutional investors own 78.37% of the company’s stock.
About NuScale Power
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.
Featured Articles
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.
