Private Advisor Group LLC Acquires 25,904 Shares of NuScale Power Co. (NYSE:SMR)

Private Advisor Group LLC increased its holdings in shares of NuScale Power Co. (NYSE:SMR) by 73.0% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 61,374 shares of the company’s stock after purchasing an additional 25,904 shares during the period. Private Advisor Group LLC’s holdings in NuScale Power were worth $1,100,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Venturi Wealth Management LLC lifted its holdings in shares of NuScale Power by 313.8% during the fourth quarter. Venturi Wealth Management LLC now owns 1,978 shares of the company’s stock worth $35,000 after buying an additional 1,500 shares during the last quarter. Toth Financial Advisory Corp raised its stake in NuScale Power by 600.0% during the 4th quarter. Toth Financial Advisory Corp now owns 2,100 shares of the company’s stock valued at $38,000 after purchasing an additional 1,800 shares during the last quarter. Union Bancaire Privee UBP SA bought a new stake in NuScale Power in the 4th quarter valued at $67,000. Zurcher Kantonalbank Zurich Cantonalbank acquired a new stake in NuScale Power in the 3rd quarter worth $44,000. Finally, KBC Group NV bought a new position in shares of NuScale Power during the 4th quarter worth about $70,000. Institutional investors own 78.37% of the company’s stock.

NuScale Power Stock Up 3.1 %

NYSE SMR opened at $17.23 on Friday. NuScale Power Co. has a twelve month low of $2.96 and a twelve month high of $32.30. The stock has a market cap of $4.40 billion, a PE ratio of -18.14 and a beta of 1.51. The firm has a 50-day simple moving average of $21.69 and a 200 day simple moving average of $18.32. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.24 and a current ratio of 2.24.

Insider Buying and Selling at NuScale Power

In other NuScale Power news, CEO John Lawrence Hopkins sold 664,568 shares of the business’s stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $18.04, for a total value of $11,988,806.72. Following the sale, the chief executive officer now owns 34,675 shares of the company’s stock, valued at $625,537. The trade was a 95.04 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 1.96% of the company’s stock.

NuScale Power Profile

NuScale Power Corporation engages in the development and sale of modular light water reactor nuclear power plants to supply energy for electrical generation, district heating, desalination, hydrogen production, and other process heat applications. It offers NuScale Power Module (NPM), a water reactor that can generate 77 megawatts of electricity (MWe); and VOYGR power plant designs for three facility sizes that are capable of housing from one to four and six or twelve NPMs.