Nano Nuclear Energy Inc. (NASDAQ:NNE) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Nano Nuclear Energy Inc. (NASDAQ:NNEGet Free Report) have received an average rating of “Moderate Buy” from the seven analysts that are presently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, three have issued a buy rating and two have assigned a strong buy rating to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $47.00.

Several research firms have recently weighed in on NNE. Texas Capital upgraded shares of Nano Nuclear Energy to a “strong-buy” rating in a research note on Tuesday, January 27th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Nano Nuclear Energy in a research note on Thursday, January 22nd. Finally, Benchmark restated a “buy” rating on shares of Nano Nuclear Energy in a research report on Friday, December 19th.

Check Out Our Latest Stock Analysis on NNE

Nano Nuclear Energy Price Performance

Shares of NASDAQ NNE opened at $29.40 on Monday. Nano Nuclear Energy has a one year low of $17.26 and a one year high of $60.87. The business’s fifty day moving average price is $32.27 and its 200-day moving average price is $36.31. The stock has a market capitalization of $1.49 billion, a PE ratio of -28.27 and a beta of 7.47.

Nano Nuclear Energy (NASDAQ:NNEGet Free Report) last announced its quarterly earnings data on Thursday, December 18th. The company reported ($0.19) earnings per share for the quarter, topping the consensus estimate of ($0.33) by $0.14. As a group, equities analysts expect that Nano Nuclear Energy will post -0.92 EPS for the current fiscal year.

Key Headlines Impacting Nano Nuclear Energy

Here are the key news stories impacting Nano Nuclear Energy this week:

  • Positive Sentiment: Texas Capital (reported via TickerReport/Zacks) upgraded NNE to a “strong-buy,” which is supportive for the stock and could attract buyers. Texas Capital upgrade
  • Neutral Sentiment: Major shareholders remain large holders after the trades — I Financial Ventures Group and Chairman Jiang Yu still report multi?million?share positions (over 8.7M shares), which limits the chance these were complete exits. I Financial Ventures filing
  • Negative Sentiment: CEO James John Walker sold 195,000 shares at an average price of $34.04 (~$6.64M). The sale reduced his stake by ~43.8%, which investors often view negatively and can put downward pressure on the share price. CEO sale filing
  • Negative Sentiment: CFO Jaisun Garcha sold 75,000 shares at an average $34.04 (~$2.55M), a ~23.1% reduction in his holding — another insider sell that contributes to bearish sentiment. CFO sale filing
  • Negative Sentiment: I Financial Ventures Group sold large blocks: 766,661 shares (avg $34.14, ~$26.17M) and 121,339 shares (avg $31.78, ~$3.86M) across Jan. 28–29, reducing its stake by ~8.1% and 1.37% respectively — institutional selling at these sizes typically increases supply and can depress price. I Financial Ventures filings
  • Negative Sentiment: Chairman Jiang Yu sold identical blocks to those attributed to the major shareholder (766,661 and 121,339 shares at similar prices), cutting his position by ~8.1% and 1.37% — additional executive-level sales magnify negative market reaction. Chairman sale filings

Insider Activity at Nano Nuclear Energy

In related news, major shareholder I Financial Ventures Group Llc sold 121,339 shares of the stock in a transaction dated Thursday, January 29th. The stock was sold at an average price of $31.78, for a total transaction of $3,856,153.42. Following the sale, the insider owned 8,724,000 shares of the company’s stock, valued at approximately $277,248,720. This represents a 1.37% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Jaisun Garcha sold 75,000 shares of Nano Nuclear Energy stock in a transaction dated Wednesday, January 28th. The shares were sold at an average price of $34.04, for a total value of $2,553,000.00. Following the transaction, the chief financial officer directly owned 250,000 shares of the company’s stock, valued at $8,510,000. The trade was a 23.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 3,982,000 shares of company stock worth $125,625,797 in the last 90 days. 32.77% of the stock is owned by company insiders.

Institutional Trading of Nano Nuclear Energy

Several institutional investors and hedge funds have recently bought and sold shares of NNE. Van ECK Associates Corp grew its position in shares of Nano Nuclear Energy by 65.7% during the 3rd quarter. Van ECK Associates Corp now owns 2,598,280 shares of the company’s stock valued at $100,190,000 after purchasing an additional 1,030,262 shares in the last quarter. Vanguard Group Inc. boosted its stake in Nano Nuclear Energy by 27.4% during the fourth quarter. Vanguard Group Inc. now owns 2,264,051 shares of the company’s stock valued at $54,360,000 after buying an additional 486,367 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Nano Nuclear Energy by 11,676.8% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,726,250 shares of the company’s stock worth $66,564,000 after buying an additional 1,711,592 shares in the last quarter. UBS Group AG increased its stake in Nano Nuclear Energy by 135.7% in the 4th quarter. UBS Group AG now owns 1,158,050 shares of the company’s stock worth $27,805,000 after acquiring an additional 666,722 shares during the last quarter. Finally, Hood River Capital Management LLC bought a new position in Nano Nuclear Energy in the 2nd quarter worth about $31,935,000.

Nano Nuclear Energy Company Profile

(Get 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.

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