Stanley Laman Group Ltd. Boosts Stock Position in NexGen Energy Ltd. (NYSE:NXE)

Stanley Laman Group Ltd. increased its holdings in NexGen Energy Ltd. (NYSE:NXE) by 2.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 504,394 shares of the company’s stock after purchasing an additional 14,354 shares during the period. Stanley Laman Group Ltd. owned 0.09% of NexGen Energy worth $3,329,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the business. Kapitalo Investimentos Ltda purchased a new stake in shares of NexGen Energy during the 3rd quarter worth approximately $6,585,000. New Harbor Financial Group LLC grew its position in NexGen Energy by 20.0% in the 3rd quarter. New Harbor Financial Group LLC now owns 15,000 shares of the company’s stock valued at $98,000 after acquiring an additional 2,500 shares during the last quarter. Rye Brook Capital LLC lifted its holdings in shares of NexGen Energy by 18.7% in the 3rd quarter. Rye Brook Capital LLC now owns 695,000 shares of the company’s stock worth $4,538,000 after buying an additional 109,500 shares during the period. Legacy Capital Group California Inc. lifted its holdings in shares of NexGen Energy by 132.6% in the 3rd quarter. Legacy Capital Group California Inc. now owns 41,773 shares of the company’s stock worth $273,000 after buying an additional 23,812 shares during the period. Finally, DekaBank Deutsche Girozentrale purchased a new stake in shares of NexGen Energy during the 3rd quarter worth $76,000. 42.43% of the stock is owned by hedge funds and other institutional investors.

NexGen Energy Price Performance

Shares of NYSE NXE opened at $6.45 on Thursday. The stock has a market capitalization of $3.67 billion, a P/E ratio of 43.00 and a beta of 1.94. NexGen Energy Ltd. has a 1-year low of $4.95 and a 1-year high of $8.96. The business has a fifty day moving average price of $7.05 and a 200 day moving average price of $6.87.

NexGen Energy Company Profile

NexGen Energy Ltd., an exploration and development stage company, engages in the acquisition, exploration, and evaluation and development of uranium properties in Canada. It holds a 100% interest in the Rook I project that consists of 32 contiguous mineral claims totaling an area of 35,065 hectares located in the southwestern Athabasca Basin of Saskatchewan.