Nano Nuclear Energy (NASDAQ:NNE) Shares Down 12.2% – Should You Sell?

Nano Nuclear Energy Inc. (NASDAQ:NNE)’s stock price dropped 12.2% during trading on Thursday . The company traded as low as $30.52 and last traded at $30.3190. Approximately 962,745 shares were traded during trading, a decline of 54% from the average daily volume of 2,104,855 shares. The stock had previously closed at $34.55.

Key Stories 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

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on NNE shares. Texas Capital upgraded Nano Nuclear Energy to a “strong-buy” rating in a research report on Tuesday. Benchmark reissued a “buy” rating on shares of Nano Nuclear Energy in a research note on Friday, December 19th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Nano Nuclear Energy in a research report on Thursday, January 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Nano Nuclear Energy presently has an average rating of “Moderate Buy” and a consensus target price of $47.00.

Nano Nuclear Energy Price Performance

The stock’s fifty day moving average price is $32.27 and its 200-day moving average price is $36.31. The firm has a market cap of $1.49 billion, a PE ratio of -28.27 and a beta of 7.48.

Nano Nuclear Energy (NASDAQ:NNE) last posted its quarterly earnings results on Thursday, December 18th. The company reported ($0.19) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.33) by $0.14. On average, sell-side analysts anticipate that Nano Nuclear Energy Inc. will post -0.92 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Nano Nuclear Energy news, Director Diane Elizabeth Hare sold 20,000 shares of the business’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $28.70, for a total transaction of $574,000.00. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, major shareholder I Financial Ventures Group Llc sold 121,339 shares of Nano Nuclear Energy stock in a transaction that occurred on Thursday, January 29th. The shares were sold at an average price of $31.78, for a total transaction of $3,856,153.42. Following the completion of the transaction, the insider owned 8,724,000 shares of the company’s stock, valued at $277,248,720. This trade represents a 1.37% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 3,982,000 shares of company stock worth $125,625,797 over the last quarter. Corporate insiders own 32.77% of the company’s stock.

Institutional Trading of Nano Nuclear Energy

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. UBS Group AG boosted its holdings in shares of Nano Nuclear Energy by 135.7% in the 4th quarter. UBS Group AG now owns 1,158,050 shares of the company’s stock valued at $27,805,000 after buying an additional 666,722 shares in the last quarter. Vanguard Group Inc. lifted its position in Nano Nuclear Energy by 27.4% in the fourth quarter. Vanguard Group Inc. now owns 2,264,051 shares of the company’s stock valued at $54,360,000 after acquiring an additional 486,367 shares during the last quarter. Concurrent Investment Advisors LLC boosted its stake in Nano Nuclear Energy by 44.7% in the fourth quarter. Concurrent Investment Advisors LLC now owns 12,437 shares of the company’s stock valued at $299,000 after acquiring an additional 3,840 shares in the last quarter. Arizona State Retirement System grew its holdings in shares of Nano Nuclear Energy by 19.8% during the fourth quarter. Arizona State Retirement System now owns 10,997 shares of the company’s stock worth $264,000 after purchasing an additional 1,818 shares during the last quarter. Finally, Kingswood Wealth Advisors LLC grew its holdings in shares of Nano Nuclear Energy by 279.2% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 20,167 shares of the company’s stock worth $484,000 after purchasing an additional 14,848 shares during the last quarter.

About Nano Nuclear Energy

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.