NuScale Power (NYSE:SMR) COO Carl Fisher Sells 18,771 Shares

NuScale Power Corporation (NYSE:SMRGet Free Report) COO Carl Fisher sold 18,771 shares of the stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $9.36, for a total transaction of $175,696.56. Following the sale, the chief operating officer directly owned 114,718 shares in the company, valued at $1,073,760.48. This trade represents a 14.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

NuScale Power Price Performance

SMR stock opened at $9.48 on Friday. The company has a 50 day moving average price of $9.76 and a 200 day moving average price of $11.94. NuScale Power Corporation has a fifty-two week low of $7.21 and a fifty-two week high of $57.42. The stock has a market capitalization of $3.47 billion, a PE ratio of -3.25 and a beta of 2.26.

NuScale Power (NYSE:SMRGet Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The company reported ($0.13) EPS for the quarter, meeting analysts’ consensus estimates of ($0.13). The firm had revenue of $0.07 million for the quarter, compared to analyst estimates of $8.80 million. NuScale Power had a negative return on equity of 46.91% and a negative net margin of 3,888.70%.The business’s quarterly revenue was down 99.1% compared to the same quarter last year. During the same period last year, the company earned ($0.11) EPS. As a group, equities analysts expect that NuScale Power Corporation will post -0.46 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of SMR. Van ECK Associates Corp grew its stake in shares of NuScale Power by 117.8% during the 4th quarter. Van ECK Associates Corp now owns 11,515,561 shares of the company’s stock worth $163,176,000 after acquiring an additional 6,227,747 shares in the last quarter. Renaissance Technologies LLC acquired a new stake in shares of NuScale Power in the first quarter valued at approximately $59,141,000. Vanguard Group Inc. lifted its position in shares of NuScale Power by 40.5% in the fourth quarter. Vanguard Group Inc. now owns 15,545,018 shares of the company’s stock worth $220,273,000 after purchasing an additional 4,482,254 shares in the last quarter. Voloridge Investment Management LLC bought a new stake in shares of NuScale Power in the fourth quarter worth $48,993,000. Finally, Samsung C&T Corp boosted its holdings in NuScale Power by 98.9% during the third quarter. Samsung C&T Corp now owns 5,185,804 shares of the company’s stock worth $186,689,000 after purchasing an additional 2,578,702 shares during the last quarter. 78.37% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on SMR. Truist Financial assumed coverage on NuScale Power in a research report on Monday, July 13th. They issued a “hold” rating and a $10.00 price target on the stock. Canaccord Genuity Group dropped their target price on shares of NuScale Power from $25.00 to $15.00 and set a “buy” rating on the stock in a report on Thursday. Northland Securities set a $16.00 price target on shares of NuScale Power in a research note on Thursday. B. Riley Financial reduced their price target on shares of NuScale Power from $24.00 to $19.00 and set a “buy” rating for the company in a report on Friday, April 24th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of NuScale Power in a research report on Wednesday, June 24th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $14.12.

Get Our Latest Stock Analysis on SMR

Key Stories Impacting NuScale Power

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

  • Positive Sentiment: Management highlighted discussions with the Tennessee Valley Authority and near-term deployment readiness, supported by approved reactor designs, available fuel and suppliers, and approximately $1.9 billion in liquidity. These factors may strengthen NuScale’s ability to pursue commercial projects. SMR Q2 Earnings Call Focuses on TVA and Deployment Readiness
  • Positive Sentiment: NuScale, Curio and Framatome signed a strategic memorandum of understanding to evaluate fuel recycling, fuel manufacturing and other next-generation nuclear-fuel-cycle solutions. The partnership could support the company’s long-term reactor commercialization efforts. Curio, NuScale Power, and Framatome Sign Strategic MOU
  • Positive Sentiment: Canaccord Genuity lowered its price target from $25 to $15 but retained a Buy rating, implying substantial upside from recent trading levels. The reduced target nevertheless signals a more cautious valuation outlook. Canaccord Genuity price-target update
  • Neutral Sentiment: Chief Operating Officer Carl Fisher sold 18,771 shares for about $176,000 to cover tax-withholding obligations tied to vested equity awards. Because the sale was tax-related rather than discretionary, it may have limited signaling value, although his stake declined 14.06%. SEC insider transaction filing
  • Negative Sentiment: Second-quarter revenue fell 99.1% year over year to roughly $0.07–$0.08 million, far below the $8.8 million analyst estimate. NuScale’s $0.13-per-share loss matched expectations, but the exceptionally weak revenue reinforces concerns about commercialization timing and ongoing operating losses. NuScale Power Reports Q2 Loss, Lags Revenue Estimates
  • Negative Sentiment: Citigroup cut its price target from $7.50 to $6.50 and maintained a Sell rating, indicating it expects downside and remains unconvinced that future deployment prospects offset current fundamentals. Citigroup price-target update

NuScale Power Company Profile

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for NuScale Power (NYSE:SMR)

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