Nano Nuclear Energy (NASDAQ:NNE) Chairman Jiang Yu Sells 121,339 Shares of Stock

Nano Nuclear Energy Inc. (NASDAQ:NNE) Chairman Jiang Yu sold 121,339 shares of the stock in a transaction that occurred on Thursday, January 29th. The shares were sold at an average price of $31.78, for a total value of $3,856,153.42. Following the completion of the sale, the chairman directly 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 transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Jiang Yu also recently made the following trade(s):

• On Wednesday, January 28th, Jiang Yu sold 766,661 shares of Nano Nuclear Energy stock. The stock was sold at an average price of $34.14, for a total value of $26,173,806.54.
• On Monday, December 29th, Jiang Yu sold 176,457 shares of Nano Nuclear Energy stock. The shares were sold at an average price of $27.03, for a total value of $4,769,632.71.
• On Friday, December 26th, Jiang Yu sold 333,069 shares of Nano Nuclear Energy stock. The stock was sold at an average price of $28.47, for a total value of $9,482,474.43.
• On Wednesday, December 24th, Jiang Yu sold 378,474 shares of Nano Nuclear Energy stock. The shares were sold at an average price of $30.14, for a total transaction of $11,407,206.36.

Nano Nuclear Energy Trading Down 8.4%

Shares of NNE opened at $29.40 on Friday. The firm has a 50-day moving average price of $32.27 and a 200 day moving average price of $36.31. Nano Nuclear Energy Inc. has a 12-month low of $17.26 and a 12-month high of $60.87. The firm has a market capitalization of $1.49 billion, a P/E 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, beating the consensus estimate of ($0.33) by $0.14. Equities research analysts predict that Nano Nuclear Energy Inc. will post -0.92 earnings per share for the current fiscal year.

Trending Headlines about 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

Analyst Ratings Changes

NNE has been the subject of a number of research analyst reports. Weiss Ratings reiterated a “sell (d-)” rating on shares of Nano Nuclear Energy in a report on Thursday, January 22nd. Benchmark reaffirmed a “buy” rating on shares of Nano Nuclear Energy in a research report on Friday, December 19th. Finally, Texas Capital raised shares of Nano Nuclear Energy to a “strong-buy” rating in a research note on Tuesday. Two analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $47.00.

Institutional Investors Weigh In On Nano Nuclear Energy

Several institutional investors and hedge funds have recently modified their holdings of NNE. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Nano Nuclear Energy by 11,676.8% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,726,250 shares of the company’s stock valued at $66,564,000 after acquiring an additional 1,711,592 shares during the period. Van ECK Associates Corp increased its stake in Nano Nuclear Energy by 65.7% during the third quarter. Van ECK Associates Corp now owns 2,598,280 shares of the company’s stock worth $100,190,000 after purchasing an additional 1,030,262 shares during the period. Hood River Capital Management LLC acquired a new stake in shares of Nano Nuclear Energy during the second quarter worth about $31,935,000. UBS Group AG boosted its stake in shares of Nano Nuclear Energy by 135.7% in the fourth quarter. UBS Group AG now owns 1,158,050 shares of the company’s stock valued at $27,805,000 after purchasing an additional 666,722 shares during the period. Finally, Vanguard Group Inc. grew its holdings in shares of Nano Nuclear Energy by 40.9% in the third quarter. Vanguard Group Inc. now owns 1,777,684 shares of the company’s stock valued at $68,547,000 after purchasing an additional 516,129 shares in 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.