Blair William & Co. IL Acquires Shares of 31,860 Nano Nuclear Energy Inc. (NASDAQ:NNE)

Blair William & Co. IL acquired a new position in Nano Nuclear Energy Inc. (NASDAQ:NNE - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 31,860 shares of the company's stock, valued at approximately $793,000. Blair William & Co. IL owned about 0.09% of Nano Nuclear Energy as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of NNE. JPMorgan Chase & Co. raised its holdings in Nano Nuclear Energy by 19.0% during the 4th quarter. JPMorgan Chase & Co. now owns 2,076 shares of the company's stock worth $52,000 after purchasing an additional 331 shares during the last quarter. New York State Common Retirement Fund bought a new position in Nano Nuclear Energy during the fourth quarter worth $30,000. IFP Advisors Inc raised its stake in Nano Nuclear Energy by 638.5% during the fourth quarter. IFP Advisors Inc now owns 1,477 shares of the company's stock worth $37,000 after buying an additional 1,277 shares during the last quarter. Rhumbline Advisers lifted its holdings in Nano Nuclear Energy by 64.8% in the fourth quarter. Rhumbline Advisers now owns 6,212 shares of the company's stock valued at $155,000 after buying an additional 2,442 shares during the period. Finally, SBI Securities Co. Ltd. bought a new stake in Nano Nuclear Energy during the fourth quarter valued at $66,000.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright reissued a "buy" rating and issued a $50.00 price objective on shares of Nano Nuclear Energy in a research report on Monday, March 31st.

Nano Nuclear Energy Stock Performance

Shares of Nano Nuclear Energy stock traded up $1.62 on Monday, reaching $23.07. 2,071,516 shares of the company's stock were exchanged, compared to its average volume of 3,728,493. The company has a market capitalization of $855.27 million and a P/E ratio of -56.27. Nano Nuclear Energy Inc. has a 52 week low of $3.25 and a 52 week high of $48.05. The firm's 50-day moving average is $30.30 and its two-hundred day moving average is $25.82.

Nano Nuclear Energy (NASDAQ:NNE - Get Free Report) last released its earnings results on Thursday, February 13th. The company reported ($0.09) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.18) by $0.09. On average, analysts expect that Nano Nuclear Energy Inc. will post -0.92 EPS for the current fiscal year.

Nano Nuclear Energy Profile

NANO Nuclear Energy, Inc is a microreactor and nuclear technology company, which provides supply energy services. Its products in technical development are ZEUS, a solid core battery reactor, and ODIN, a low-pressure coolant reactor. The company is founded by Jiang Yu in February, 2022 and is headquartered in New York, NY.