Van ECK Associates Corp Buys 2,125,250 Shares of NuScale Power Corporation $SMR

Van ECK Associates Corp boosted its position in NuScale Power Corporation (NYSE:SMR) by 67.2% in the 3rd quarter, Holdings Channel reports. The firm owned 5,287,814 shares of the company’s stock after buying an additional 2,125,250 shares during the quarter. Van ECK Associates Corp’s holdings in NuScale Power were worth $190,362,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Banque Cantonale Vaudoise grew its stake in NuScale Power by 25.8% in the third quarter. Banque Cantonale Vaudoise now owns 28,526 shares of the company’s stock worth $1,027,000 after purchasing an additional 5,842 shares in the last quarter. Swiss National Bank lifted its position in NuScale Power by 1.7% during the third quarter. Swiss National Bank now owns 232,700 shares of the company’s stock valued at $8,377,000 after acquiring an additional 4,000 shares during the last quarter. Russell Investments Group Ltd. boosted its position in shares of NuScale Power by 1,026.1% in the 3rd quarter. Russell Investments Group Ltd. now owns 68,554 shares of the company’s stock worth $2,468,000 after purchasing an additional 62,466 shares in the last quarter. Private Advisor Group LLC increased its position in NuScale Power by 16.3% during the 3rd quarter. Private Advisor Group LLC now owns 76,695 shares of the company’s stock valued at $2,761,000 after buying an additional 10,725 shares in the last quarter. Finally, Riggs Asset Managment Co. Inc. raised its position in shares of NuScale Power by 1,437.1% in the 3rd quarter. Riggs Asset Managment Co. Inc. now owns 10,037 shares of the company’s stock valued at $361,000 after purchasing an additional 9,384 shares during the last quarter. 78.37% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on SMR. Barclays cut their price target on shares of NuScale Power from $45.00 to $15.00 and set an “equal weight” rating on the stock in a research note on Monday, February 23rd. UBS Group set a $20.00 price objective on shares of NuScale Power in a report on Tuesday, November 25th. Zacks Research upgraded NuScale Power from a “strong sell” rating to a “hold” rating in a research note on Friday, February 20th. Canaccord Genuity Group dropped their price target on NuScale Power from $60.00 to $25.00 and set a “buy” rating on the stock in a research note on Friday, February 27th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of NuScale Power in a research note on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, eight have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, NuScale Power presently has a consensus rating of “Hold” and a consensus price target of $21.42.

Insider Activity

In related news, CTO Jose N. Reyes, Jr. sold 25,951 shares of the company’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $12.22, for a total transaction of $317,121.22. Following the sale, the chief technology officer directly owned 268,081 shares of the company’s stock, valued at $3,275,949.82. This represents a 8.83% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Corp Fluor sold 463,747 shares of the stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $13.15, for a total value of $6,098,273.05. Following the completion of the sale, the director directly owned 39,936,472 shares in the company, valued at $525,164,606.80. This represents a 1.15% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 635,610 shares of company stock worth $8,198,439 in the last quarter. Insiders own 1.20% of the company’s stock.

NuScale Power News Roundup

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

• Positive Sentiment: Expanded supply‑chain support with Framatome should help fuel production capacity and delivery timing for NuScale’s NRC‑approved SMR technology, reducing a key execution risk if projects proceed. Framatome and NuScale Power Contract
• Neutral Sentiment: Coverage notes NuScale’s first European SMR project is moving forward but remains conditional; this is a positive commercial milestone but not yet revenue‑guaranteed. Europe’s First NuScale-Powered Modular Reactor Project
• Negative Sentiment: Multiple law firms and plaintiff notices: a flurry of class actions and investor alerts allege misstatements tied to NuScale’s ENTRA1 commercialization path; April 20, 2026 is repeatedly cited as the lead‑plaintiff deadline — this legal overhang is pressuring the stock. SMR Fraud Reminder: NuScale Power Investors
• Negative Sentiment: Worsening financials and a large equity raise: fiscal‑2025 results showed a much deeper loss, and management filed a new US$1 billion at‑the‑market offering (while withdrawing a prior US$750M plan), diluting near‑term shareholder value and signaling funding needs. Why NuScale Power (SMR) Is Down
• Negative Sentiment: Analyst skepticism and governance concerns: several firms downgraded or questioned NuScale’s ENTRA1 partner and execution outlook, and filings/name‑calling (e.g., claims involving Fluor oversight) have amplified investor uncertainty. Wall Street Downgrades NuScale
• Negative Sentiment: PR/legal summaries point to a sharp prior share drop (~12%) tied to ENTRA1 revelations and subsequent lawsuits; the litigation and headline risk are the primary drivers of today’s negative sentiment. SMR Investor Alert: NuScale Power Sued for Fraud

NuScale Power Trading Down 1.1%

NYSE:SMR opened at $12.03 on Wednesday. The stock has a 50 day moving average of $16.35 and a two-hundred day moving average of $25.89. The firm has a market cap of $3.59 billion, a P/E ratio of -4.16 and a beta of 2.19. NuScale Power Corporation has a 12 month low of $11.08 and a 12 month high of $57.42.

NuScale Power (NYSE:SMR) last released its earnings results on Thursday, February 26th. The company reported ($0.80) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.70). NuScale Power had a negative return on equity of 55.23% and a negative net margin of 1,130.26%.The business had revenue of $1.81 million during the quarter, compared to analysts’ expectations of $8.76 million. On average, research analysts forecast that NuScale Power Corporation will post -0.73 earnings per share for the current year.

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.