RFG Advisory LLC Makes New Investment in NuScale Power Corporation $SMR

RFG Advisory LLC bought a new stake in shares of NuScale Power Corporation (NYSE:SMR) in the fourth quarter, Holdings Channel reports. The fund bought 42,595 shares of the company’s stock, valued at approximately $604,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Pilgrim Partners Asia Pte Ltd bought a new stake in shares of NuScale Power during the fourth quarter valued at about $146,000. Strs Ohio boosted its position in shares of NuScale Power by 8.5% in the fourth quarter. Strs Ohio now owns 15,400 shares of the company’s stock valued at $218,000 after acquiring an additional 1,200 shares during the period. State of New Jersey Common Pension Fund D grew its stake in NuScale Power by 57.7% during the fourth quarter. State of New Jersey Common Pension Fund D now owns 100,133 shares of the company’s stock valued at $1,419,000 after acquiring an additional 36,620 shares in the last quarter. Harbor Advisors LLC purchased a new position in NuScale Power during the fourth quarter valued at approximately $177,000. Finally, Wealthfront Advisers LLC increased its holdings in NuScale Power by 118.0% during the 4th quarter. Wealthfront Advisers LLC now owns 18,647 shares of the company’s stock worth $264,000 after acquiring an additional 10,092 shares during the period. 78.37% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research firms have issued reports on SMR. Weiss Ratings reiterated a “sell (d-)” rating on shares of NuScale Power in a research note on Friday, March 27th. Cantor Fitzgerald decreased their price target on shares of NuScale Power from $55.00 to $20.00 and set an “overweight” rating on the stock in a report on Tuesday, February 24th. B. Riley Financial lowered their price objective on NuScale Power from $24.00 to $19.00 and set a “buy” rating on the stock in a research report on Friday, April 24th. HSBC assumed coverage on NuScale Power in a research note on Thursday, April 23rd. They set a “hold” rating and a $13.00 price objective for the company. Finally, TD Cowen cut NuScale Power from a “buy” rating to a “hold” rating in a research report on Wednesday, February 11th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, nine have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, NuScale Power has a consensus rating of “Hold” and an average price target of $19.38.

Insider Activity

In related news, CEO John Lawrence Hopkins sold 82,667 shares of the firm’s stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $12.22, for a total transaction of $1,010,190.74. Following the transaction, the chief executive officer directly owned 117,018 shares of the company’s stock, valued at approximately $1,429,959.96. This trade represents a 41.40% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Robert Ramsey Hamady sold 18,570 shares of the business’s stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $12.22, for a total value of $226,925.40. Following the completion of the sale, the chief financial officer owned 97,192 shares of the company’s stock, valued at $1,187,686.24. The trade was a 16.04% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 40,572,082 shares of company stock valued at $481,029,608. 1.28% of the stock is owned by insiders.

NuScale Power News Roundup

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

• Negative Sentiment: NuScale missed Q1 estimates on both earnings and revenue, reporting a loss of $0.14 per share versus the expected $0.11 loss and just $0.56 million in revenue versus $7.0 million expected; revenue also fell sharply year over year, highlighting continued execution and commercialization challenges. Article Title
• Negative Sentiment: Operating expenses are climbing and RoPower-related activity has slowed, adding to concerns that near-term growth may not be keeping pace with spending. Article Title
• Neutral Sentiment: Fluor fully exited its equity stake in NuScale, which changes the shareholder structure but still leaves Fluor as an EPC partner; investors may view this as a governance/funding shift rather than a direct business setback. Article Title
• Positive Sentiment: Longer-term optimism remains tied to NRC approvals, a potential TVA power purchase agreement later this year, and the 6 GW ENTRA1 program, which could support future demand for NuScale’s small modular reactor technology. Article Title
• Positive Sentiment: Some analysts still see meaningful upside from current levels, with consensus price targets implying about 45% upside if execution improves and earnings estimates trend higher. Article Title

NuScale Power Stock Performance

NuScale Power stock opened at $12.52 on Monday. The firm’s fifty day moving average price is $11.63 and its 200-day moving average price is $18.11. The stock has a market cap of $4.23 billion, a P/E ratio of -4.29 and a beta of 2.24. NuScale Power Corporation has a fifty-two week low of $8.85 and a fifty-two week high of $57.42.

NuScale Power (NYSE:SMR) last announced its earnings results on Thursday, May 7th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.11) by ($0.03). The company had revenue of $0.57 million during the quarter, compared to analysts’ expectations of $7.00 million. NuScale Power had a negative return on equity of 48.88% and a negative net margin of 2,066.55%.The company’s revenue was down 95.8% compared to the same quarter last year. On average, analysts predict that NuScale Power Corporation will post -0.44 earnings per share for the current year.

NuScale Power Profile

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.