X-Energy (NASDAQ:XE) Sets New 12-Month Low – Should You Sell?

Shares of X-Energy, Inc. (NASDAQ:XE) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $26.86 and last traded at $26.90, with a volume of 374425 shares traded. The stock had previously closed at $27.30.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded shares of X-Energy to a “hold” rating in a research report on Saturday, May 2nd.

X-Energy Stock Down 3.8%

Insider Buying and Selling at X-Energy

In other X-Energy news, Director Kathleen W. Hyle acquired 10,000 shares of X-Energy stock in a transaction that occurred on Monday, April 27th. The shares were bought at an average price of $23.00 per share, with a total value of $230,000.00. Following the completion of the purchase, the director directly owned 127,640 shares in the company, valued at $2,935,720. This trade represents a 8.50% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CAO Laura Garcia acquired 1,200 shares of X-Energy stock in a transaction that occurred on Monday, April 27th. The stock was acquired at an average cost of $23.00 per share, for a total transaction of $27,600.00. Following the purchase, the chief accounting officer owned 196,822 shares of the company’s stock, valued at $4,526,906. The trade was a 0.61% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders purchased 12,300 shares of company stock worth $282,900.

About X-Energy

X-Energy (NASDAQ: XE) is a U.S.-based advanced nuclear technology company focused on the development and commercialization of small modular reactors (SMRs) and advanced nuclear fuel. Its flagship reactor design, the Xe-100, is a high-temperature gas-cooled reactor intended to provide low-carbon electricity and process heat for industrial applications. X-Energy’s technology centers on TRISO fuel, a robust, particle-based fuel form that the company promotes for enhanced safety and high-temperature operation.

The company’s activities include reactor design and engineering, fuel development and manufacturing, regulatory engagement, and project delivery support for utility and industrial customers.