Nano Nuclear Energy (NASDAQ:NNE) Shares Gap Up – Here’s What Happened

Nano Nuclear Energy Inc. (NASDAQ:NNE) shares gapped up before the market opened on Friday . The stock had previously closed at $24.01, but opened at $25.15. Nano Nuclear Energy shares last traded at $24.9250, with a volume of 482,372 shares traded.

Key Headlines Impacting Nano Nuclear Energy

Here are the key news stories impacting Nano Nuclear Energy this week:

• Positive Sentiment: Analysts give NNE an average recommendation of “Moderate Buy,” which provides some institutional support for the stock. Read More.
• Negative Sentiment: Chairman reported a $11,407,206.36 sale; large chairman-level selling raises concerns about insider confidence and adds supply to the market. Read More.
• Negative Sentiment: Major shareholder filed an $11,407,206.36 sale, matching the chairman filing — another large block that can pressure the share price. Read More.
• Negative Sentiment: Chairman reported a $9,482,474.43 sale in a related filing, reinforcing the pattern of substantial insider dispositions. Read More.
• Negative Sentiment: Major shareholder also filed a $9,482,474.43 sale — multiple overlapping large filings likely amplify downward pressure. Read More.
• Negative Sentiment: Chairman sale of $4,769,632.71 reported in another filing; continued insider selling across different filings signals sustained supply. Read More.
• Negative Sentiment: Major shareholder sale of $4,769,632.71 mirrored in a separate filing. Multiple filings suggest staged or block sales rather than isolated trades. Read More.
• Negative Sentiment: Director sold $1,297,200 of stock — additional insider selling from the board increases market perception of distribution. Read More.
• Negative Sentiment: Director Diane Elizabeth Hare sold 20,000 shares for $648,600; another director-level sale reported to the SEC. Read More.
• Negative Sentiment: Defense and industry outlet reports CEO James John Walker sold 25,000 shares (≈$753,000 at ~$30.12), which can be perceived as meaningful given insider status. Read More.
• Negative Sentiment: DefenseWorld also reported Diane Hare’s 20,000‑share sale for $648,600 (duplicate coverage), confirming the director filing. Read More.

Analyst Ratings Changes

NNE has been the subject of several analyst reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Nano Nuclear Energy in a research note on Wednesday, October 8th. Benchmark restated a “buy” rating on shares of Nano Nuclear Energy in a report on Friday, December 19th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $47.00.

Nano Nuclear Energy Price Performance

The company’s 50-day moving average price is $34.64 and its two-hundred day moving average price is $36.60. The company has a market capitalization of $1.27 billion, a price-to-earnings ratio of -23.85 and a beta of 7.49.

Nano Nuclear Energy (NASDAQ:NNE) last released its earnings results on Thursday, December 18th. The company reported ($0.19) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.33) by $0.14. On average, equities research analysts expect that Nano Nuclear Energy Inc. will post -0.92 EPS for the current fiscal year.

Insider Activity at Nano Nuclear Energy

In other Nano Nuclear Energy news, Chairman Jiang Yu sold 176,457 shares of the stock in a transaction that occurred on Monday, December 29th. The stock was sold at an average price of $27.03, for a total transaction of $4,769,632.71. Following the transaction, the chairman directly owned 9,112,000 shares in the company, valued at approximately $246,297,360. This represents a 1.90% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Diane Elizabeth Hare sold 20,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 23rd. The stock was sold at an average price of $32.43, for a total transaction of $648,600.00. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,916,000 shares of company stock worth $55,801,077 over the last quarter. 32.77% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Archer Investment Corp bought a new stake in Nano Nuclear Energy in the third quarter valued at $39,000. Tripletail Wealth Management LLC acquired a new stake in shares of Nano Nuclear Energy in the 3rd quarter valued at about $43,000. US Bancorp DE increased its position in Nano Nuclear Energy by 51.9% in the 3rd quarter. US Bancorp DE now owns 1,171 shares of the company’s stock valued at $45,000 after buying an additional 400 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in Nano Nuclear Energy during the 3rd quarter worth approximately $48,000. Finally, NewEdge Advisors LLC boosted its holdings in Nano Nuclear Energy by 385.8% in the first quarter. NewEdge Advisors LLC now owns 1,914 shares of the company’s stock worth $51,000 after acquiring an additional 1,520 shares in the last quarter.

About Nano Nuclear Energy

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.