Citizens Financial Group Inc. RI raised its position in Nano Nuclear Energy Inc. (NASDAQ:NNE - Free Report) by 23.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 900,000 shares of the company's stock after purchasing an additional 171,000 shares during the quarter. Citizens Financial Group Inc. RI owned 2.46% of Nano Nuclear Energy worth $22,406,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. purchased a new stake in Nano Nuclear Energy in the 4th quarter worth about $271,000. SBI Securities Co. Ltd. purchased a new position in shares of Nano Nuclear Energy during the fourth quarter worth approximately $66,000. Jones Financial Companies Lllp increased its position in shares of Nano Nuclear Energy by 674.6% during the fourth quarter. Jones Financial Companies Lllp now owns 9,683 shares of the company's stock worth $241,000 after acquiring an additional 8,433 shares during the period. Central Asset Investments & Management Holdings HK Ltd purchased a new position in shares of Nano Nuclear Energy during the fourth quarter worth approximately $774,000. Finally, Bank of New York Mellon Corp increased its position in shares of Nano Nuclear Energy by 40.0% during the fourth quarter. Bank of New York Mellon Corp now owns 19,077 shares of the company's stock worth $475,000 after acquiring an additional 5,451 shares during the period.
Wall Street Analyst Weigh In
Separately, HC Wainwright reaffirmed a "buy" rating and set a $50.00 target price on shares of Nano Nuclear Energy in a research report on Wednesday, January 29th.
Check Out Our Latest Stock Report on NNE
Nano Nuclear Energy Price Performance
Shares of NASDAQ:NNE traded up $1.94 during trading on Friday, reaching $30.26. 2,289,286 shares of the company were exchanged, compared to its average volume of 3,855,029. The firm has a market capitalization of $1.12 billion and a PE ratio of -73.80. The business's fifty day simple moving average is $30.68 and its 200-day simple moving average is $23.51. Nano Nuclear Energy Inc. has a 12-month low of $3.25 and a 12-month high of $48.05.
Nano Nuclear Energy (NASDAQ:NNE - Get Free Report) last issued its quarterly earnings data on Thursday, February 13th. The company reported ($0.09) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.18) by $0.09. On average, sell-side analysts anticipate that Nano Nuclear Energy Inc. will post -0.92 EPS for the current fiscal year.
Nano Nuclear Energy Profile
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Free Report)
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.
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