Central Asset Investments & Management Holdings HK Ltd Takes Position in NuScale Power Co. (NYSE:SMR)

Central Asset Investments & Management Holdings HK Ltd acquired a new position in shares of NuScale Power Co. (NYSE:SMR) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 51,400 shares of the company’s stock, valued at approximately $922,000.

Other large investors have also bought and sold shares of the company. Allspring Global Investments Holdings LLC bought a new position in shares of NuScale Power in the third quarter worth about $175,000. Private Advisor Group LLC increased its position in NuScale Power by 20.7% during the 3rd quarter. Private Advisor Group LLC now owns 35,470 shares of the company’s stock worth $411,000 after purchasing an additional 6,071 shares in the last quarter. International Assets Investment Management LLC lifted its stake in NuScale Power by 1,984.4% in the 3rd quarter. International Assets Investment Management LLC now owns 114,642 shares of the company’s stock valued at $1,328,000 after purchasing an additional 109,142 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new stake in NuScale Power in the third quarter valued at approximately $170,000. Finally, US Bancorp DE bought a new stake in shares of NuScale Power during the third quarter worth $54,000. 78.37% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, VP Jacqueline F. Engel sold 18,186 shares of NuScale Power stock in a transaction that occurred on Friday, November 29th. The shares were sold at an average price of $29.00, for a total transaction of $527,394.00. Following the sale, the vice president now directly owns 3,801 shares in the company, valued at $110,229. This trade represents a 82.71 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO John Lawrence Hopkins sold 664,568 shares of the company’s stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $18.04, for a total transaction 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 approximately $625,537. This trade represents a 95.04 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.96% of the stock is currently owned by corporate insiders.

NuScale Power Stock Up 1.8 %

Shares of NYSE:SMR opened at $17.92 on Thursday. NuScale Power Co. has a 52-week low of $2.74 and a 52-week high of $32.30. The company has a market capitalization of $4.58 billion, a PE ratio of -18.87 and a beta of 1.51. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.24 and a current ratio of 2.24. The company has a fifty day moving average of $21.78 and a 200-day moving average of $18.28.

NuScale Power Company 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.