Union Bancaire Privee UBP SA Acquires New Holdings in NuScale Power Co. (NYSE:SMR)

Union Bancaire Privee UBP SA bought a new position in NuScale Power Co. (NYSE:SMR) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 3,738 shares of the company’s stock, valued at approximately $67,000.

Several other hedge funds have also modified their holdings of the company. Venturi Wealth Management LLC raised its stake in shares of NuScale Power by 313.8% during the 4th quarter. Venturi Wealth Management LLC now owns 1,978 shares of the company’s stock worth $35,000 after acquiring an additional 1,500 shares in the last quarter. Toth Financial Advisory Corp grew its holdings in NuScale Power by 600.0% in the fourth quarter. Toth Financial Advisory Corp now owns 2,100 shares of the company’s stock worth $38,000 after purchasing an additional 1,800 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank acquired a new position in shares of NuScale Power during the third quarter worth $44,000. US Bancorp DE purchased a new stake in shares of NuScale Power during the 3rd quarter valued at $54,000. Finally, KBC Group NV acquired a new stake in shares of NuScale Power in the 4th quarter worth $70,000. 78.37% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at NuScale Power

In related news, VP Jacqueline F. Engel sold 18,186 shares of the company’s stock in a transaction on Friday, November 29th. The stock was sold at an average price of $29.00, for a total value of $527,394.00. Following the transaction, the vice president now directly owns 3,801 shares of the company’s stock, valued at $110,229. This represents a 82.71 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO John Lawrence Hopkins sold 664,568 shares of the firm’s stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $18.04, for a total value of $11,988,806.72. Following the completion of the transaction, the chief executive officer now owns 34,675 shares of the company’s stock, valued at $625,537. This trade represents a 95.04 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.96% of the company’s stock.

NuScale Power Stock Down 4.6 %

Shares of SMR stock opened at $17.61 on Wednesday. The stock’s fifty day moving average price is $21.81 and its 200 day moving average price is $18.28. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.24 and a quick ratio of 2.24. NuScale Power Co. has a 1-year low of $2.56 and a 1-year high of $32.30. The company has a market cap of $4.50 billion, a price-to-earnings ratio of -18.53 and a beta of 1.51.

About NuScale Power

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.