Stock Traders Buy High Volume of NuScale Power Call Options (NYSE:SMR)

NuScale Power Corporation (NYSE:SMR) saw some unusual options trading on Wednesday. Investors bought 137,306 call options on the company. This is an increase of 138% compared to the typical volume of 57,685 call options.

Key NuScale Power News

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

• Positive Sentiment: NuScale shares recently benefited from renewed momentum in the nuclear sector, as investors continued to focus on rising interest in advanced reactors and potential long-term demand. NuScale Power Stock Jumps 15% as Nuclear Sector Gains Momentum
• Positive Sentiment: NuScale’s approximately $1.9 billion cash position gives the company financial flexibility to fund development and pursue commercial opportunities, supporting the longer-term investment case despite its recent decline. NuScale Is Already Down 70%. Here’s the Price I’d Actually Start Buying
• Neutral Sentiment: Unusually heavy options activity included 137,306 purchased call options, roughly 138% above average. The increase may indicate speculative bullish interest, but options volume alone does not confirm a sustained stock move. NuScale Power Sees Unusually High Options Volume
• Negative Sentiment: Piper Sandler’s sector-splitting rating action appears to have triggered selling across advanced-nuclear stocks, with NuScale among the companies declining. The action raises concerns about relative valuations and near-term investor preference within the group. Nuclear Stocks Slide as Piper Sandler Splits the Sector
• Negative Sentiment: Analyst comparisons have favored Oklo over NuScale, creating a relative-investment headwind for SMR. NuScale also remains dependent on a key commercial catalyst to validate its growth outlook, while its very limited recent revenue and continuing losses increase execution risk. NuScale Stock vs. Oklo Stock NuScale Power: One Catalyst That Will Make or Break This Nuclear Stock

Wall Street Analyst Weigh In

A number of brokerages have commented on SMR. Royal Bank Of Canada dropped their price objective on shares of NuScale Power from $14.00 to $10.00 and set a “sector perform” rating for the company in a research note on Tuesday, August 11th. Canaccord Genuity Group decreased their target price on shares of NuScale Power from $25.00 to $15.00 and set a “buy” rating on the stock in a research report on Thursday, August 6th. B. Riley Financial lowered their price target on shares of NuScale Power from $19.00 to $15.00 and set a “buy” rating for the company in a report on Friday, August 14th. Weiss Ratings reiterated a “sell (d-)” rating on shares of NuScale Power in a research report on Wednesday, June 24th. Finally, Citigroup reduced their price objective on NuScale Power from $7.50 to $6.50 and set a “sell” rating on the stock in a research note on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, nine have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $13.50.

NuScale Power Stock Down 5.6%

Shares of SMR opened at $10.21 on Friday. The business has a fifty day moving average of $9.14 and a 200 day moving average of $10.63. The company has a market cap of $4.39 billion, a PE ratio of -3.50 and a beta of 2.30. NuScale Power has a 52-week low of $7.21 and a 52-week high of $57.42.

NuScale Power (NYSE:SMR) last posted its quarterly earnings data on Wednesday, August 5th. The company reported ($0.13) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.13). The business had revenue of $0.07 million for the quarter, compared to analysts’ expectations of $8.80 million. NuScale Power had a negative net margin of 3,888.70% and a negative return on equity of 35.59%. The business’s revenue was down 99.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.11) earnings per share. As a group, research analysts anticipate that NuScale Power will post -0.64 earnings per share for the current fiscal year.

Insider Activity at NuScale Power

In other NuScale Power news, COO Carl Fisher sold 18,771 shares of NuScale Power stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $9.36, for a total value of $175,696.56. Following the sale, the chief operating officer owned 114,718 shares of the company’s stock, valued at $1,073,760.48. The trade was a 14.06% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Robert Hamady sold 29,880 shares of the business’s stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $9.39, for a total transaction of $280,573.20. Following the completion of the sale, the chief financial officer owned 124,235 shares in the company, valued at $1,166,566.65. This represents a 19.39% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders sold 68,651 shares of company stock valued at $633,470. Insiders own 1.28% of the company’s stock.

Institutional Trading of NuScale Power

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SMR. Vermillion & White Wealth Management Group LLC boosted its position in shares of NuScale Power by 1,550.9% during the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 1,783 shares of the company’s stock valued at $25,000 after buying an additional 1,675 shares during the period. Assetmark Inc. raised its holdings in shares of NuScale Power by 1,940.3% in the first quarter. Assetmark Inc. now owns 2,428 shares of the company’s stock worth $26,000 after buying an additional 2,309 shares during the period. Ameritas Advisory Services LLC purchased a new stake in shares of NuScale Power in the second quarter worth approximately $27,000. Ameriflex Group Inc. bought a new stake in shares of NuScale Power during the 4th quarter worth approximately $30,000. Finally, Strategic Advocates LLC lifted its stake in shares of NuScale Power by 233.0% during the 4th quarter. Strategic Advocates LLC now owns 2,321 shares of the company’s stock worth $33,000 after acquiring an additional 1,624 shares during the last quarter. 78.37% of the stock is owned by hedge funds and other institutional investors.

NuScale Power Company 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.