Patriot Financial Group Insurance Agency LLC purchased a new position in Nano Nuclear Energy Inc. (NASDAQ:NNE - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 9,125 shares of the company's stock, valued at approximately $227,000.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. purchased a new stake in Nano Nuclear Energy during the 3rd quarter valued at approximately $25,000. Barclays PLC bought a new position in shares of Nano Nuclear Energy during the third quarter worth $76,000. Fulton Bank N.A. purchased a new position in Nano Nuclear Energy during the fourth quarter valued at $213,000. XTX Topco Ltd bought a new stake in Nano Nuclear Energy in the 3rd quarter valued at $305,000. Finally, SG Americas Securities LLC purchased a new stake in Nano Nuclear Energy in the 4th quarter worth $345,000.
Nano Nuclear Energy Trading Up 9.5 %
NNE traded up $3.47 during trading hours on Thursday, hitting $40.01. The company's stock had a trading volume of 8,302,758 shares, compared to its average volume of 7,334,240. The business's 50-day moving average price is $27.62 and its 200-day moving average price is $19.55. 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 announced its earnings results on Monday, December 30th. The company reported ($0.08) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.16) by $0.08. Sell-side analysts expect that Nano Nuclear Energy Inc. will post -0.92 earnings per share for the current fiscal year.
Analyst Ratings Changes
A number of brokerages have recently weighed in on NNE. HC Wainwright restated a "buy" rating and set a $50.00 price objective on shares of Nano Nuclear Energy in a research report on Wednesday. Benchmark increased their price target on Nano Nuclear Energy from $39.00 to $66.00 and gave the company a "buy" rating in a research note on Thursday, November 7th.
View Our Latest Analysis on Nano Nuclear Energy
Nano Nuclear Energy Company Profile
(
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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