Vanguard Group Inc. Has $17.07 Million Holdings in Nano Nuclear Energy Inc. (NASDAQ:NNE)

Vanguard Group Inc. grew its holdings in Nano Nuclear Energy Inc. (NASDAQ:NNE - Free Report) by 2,838.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 685,619 shares of the company's stock after acquiring an additional 662,287 shares during the quarter. Vanguard Group Inc. owned 1.87% of Nano Nuclear Energy worth $17,068,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Central Asset Investments & Management Holdings HK Ltd bought a new stake in Nano Nuclear Energy during the 4th quarter worth about $774,000. Newbridge Financial Services Group Inc. bought a new position in shares of Nano Nuclear Energy in the 4th quarter valued at about $200,000. Canal Insurance CO acquired a new stake in shares of Nano Nuclear Energy during the 4th quarter worth approximately $622,000. State Street Corp bought a new stake in shares of Nano Nuclear Energy during the third quarter worth approximately $718,000. Finally, LPL Financial LLC acquired a new position in Nano Nuclear Energy in the fourth quarter valued at approximately $2,596,000.

Nano Nuclear Energy Price Performance

Shares of Nano Nuclear Energy stock traded down $0.66 during trading hours on Friday, hitting $19.86. The company's stock had a trading volume of 1,311,370 shares, compared to its average volume of 3,651,800. The company has a market capitalization of $736.27 million and a PE ratio of -48.44. The stock has a 50 day moving average of $27.30 and a 200 day moving average of $26.20. 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 released its quarterly earnings results 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. Equities analysts expect that Nano Nuclear Energy Inc. will post -0.92 EPS for the current year.

Analyst Upgrades and Downgrades

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

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.