Nano Nuclear Energy (NASDAQ:NNE) Major Shareholder I Financial Ventures Group Llc Sells 121,339 Shares

Nano Nuclear Energy Inc. (NASDAQ:NNE) major shareholder I Financial Ventures Group Llc sold 121,339 shares of the stock in a transaction on Thursday, January 29th. The shares were sold at an average price of $31.78, for a total transaction of $3,856,153.42. Following the transaction, the insider directly owned 8,724,000 shares in the company, valued at approximately $277,248,720. This represents a 1.37% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

I Financial Ventures Group Llc also recently made the following trade(s):

• On Wednesday, January 28th, I Financial Ventures Group Llc sold 766,661 shares of Nano Nuclear Energy stock. The stock was sold at an average price of $34.14, for a total transaction of $26,173,806.54.
• On Monday, December 29th, I Financial Ventures Group Llc sold 176,457 shares of Nano Nuclear Energy stock. The shares were sold at an average price of $27.03, for a total transaction of $4,769,632.71.
• On Friday, December 26th, I Financial Ventures Group Llc sold 333,069 shares of Nano Nuclear Energy stock. The shares were sold at an average price of $28.47, for a total value of $9,482,474.43.
• On Wednesday, December 24th, I Financial Ventures Group Llc sold 378,474 shares of Nano Nuclear Energy stock. The stock was sold at an average price of $30.14, for a total value of $11,407,206.36.

Nano Nuclear Energy Trading Down 8.4%

NASDAQ NNE opened at $29.40 on Friday. The firm has a market cap of $1.49 billion, a PE ratio of -28.27 and a beta of 7.48. Nano Nuclear Energy Inc. has a 1-year low of $17.26 and a 1-year high of $60.87. The stock has a 50-day moving average of $32.27 and a 200-day moving average of $36.31.

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

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the stock. Texas Capital raised shares of Nano Nuclear Energy to a “strong-buy” rating in a research report on Tuesday. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Nano Nuclear Energy in a research note on Thursday, January 22nd. Finally, Benchmark reissued a “buy” rating on shares of Nano Nuclear Energy in a research note on Friday, December 19th. Two research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $47.00.

Hedge Funds Weigh In On Nano Nuclear Energy

Several hedge funds and other institutional investors have recently modified their holdings of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Nano Nuclear Energy by 11,676.8% in the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,726,250 shares of the company’s stock worth $66,564,000 after buying an additional 1,711,592 shares during the period. Van ECK Associates Corp raised its position in shares of Nano Nuclear Energy by 65.7% in the 3rd quarter. Van ECK Associates Corp now owns 2,598,280 shares of the company’s stock worth $100,190,000 after acquiring an additional 1,030,262 shares in the last quarter. Hood River Capital Management LLC purchased a new position in shares of Nano Nuclear Energy in the 2nd quarter valued at approximately $31,935,000. UBS Group AG boosted its position in shares of Nano Nuclear Energy by 135.7% during the fourth quarter. UBS Group AG now owns 1,158,050 shares of the company’s stock valued at $27,805,000 after purchasing an additional 666,722 shares in the last quarter. Finally, Vanguard Group Inc. boosted its position in shares of Nano Nuclear Energy by 40.9% during the third quarter. Vanguard Group Inc. now owns 1,777,684 shares of the company’s stock valued at $68,547,000 after purchasing an additional 516,129 shares in the last quarter.

Key Nano Nuclear Energy News

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

• Positive Sentiment: Texas Capital (reported via TickerReport/Zacks) upgraded NNE to a “strong-buy,” which is supportive for the stock and could attract buyers. Texas Capital upgrade
• Neutral Sentiment: Major shareholders remain large holders after the trades — I Financial Ventures Group and Chairman Jiang Yu still report multi‑million‑share positions (over 8.7M shares), which limits the chance these were complete exits. I Financial Ventures filing
• Negative Sentiment: CEO James John Walker sold 195,000 shares at an average price of $34.04 (~$6.64M). The sale reduced his stake by ~43.8%, which investors often view negatively and can put downward pressure on the share price. CEO sale filing
• Negative Sentiment: CFO Jaisun Garcha sold 75,000 shares at an average $34.04 (~$2.55M), a ~23.1% reduction in his holding — another insider sell that contributes to bearish sentiment. CFO sale filing
• Negative Sentiment: I Financial Ventures Group sold large blocks: 766,661 shares (avg $34.14, ~$26.17M) and 121,339 shares (avg $31.78, ~$3.86M) across Jan. 28–29, reducing its stake by ~8.1% and 1.37% respectively — institutional selling at these sizes typically increases supply and can depress price. I Financial Ventures filings
• Negative Sentiment: Chairman Jiang Yu sold identical blocks to those attributed to the major shareholder (766,661 and 121,339 shares at similar prices), cutting his position by ~8.1% and 1.37% — additional executive-level sales magnify negative market reaction. Chairman sale filings

Nano Nuclear Energy Company 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.