71,552 Shares in NexGen Energy $NXE Purchased by Themes Management Co LLC

Themes Management Co LLC purchased a new position in NexGen Energy (NYSE:NXE) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 71,552 shares of the company’s stock, valued at approximately $658,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. SBI Securities Co. Ltd. grew its position in NexGen Energy by 454.3% in the fourth quarter. SBI Securities Co. Ltd. now owns 7,965 shares of the company’s stock worth $73,000 after acquiring an additional 6,528 shares in the last quarter. First Trust Advisors LP purchased a new position in NexGen Energy in the third quarter worth about $94,000. Flow Traders U.S. LLC purchased a new position in NexGen Energy in the second quarter worth about $76,000. TABR Capital Management LLC purchased a new position in NexGen Energy in the fourth quarter worth about $101,000. Finally, Knuff & Co LLC purchased a new position in NexGen Energy in the fourth quarter worth about $104,000. Hedge funds and other institutional investors own 42.43% of the company’s stock.

Analysts Set New Price Targets

NXE has been the subject of several recent research reports. Scotiabank reiterated an “outperform” rating on shares of NexGen Energy in a research report on Friday, May 8th. UBS Group initiated coverage on NexGen Energy in a research report on Thursday, March 5th. They issued a “buy” rating for the company. Five investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

NexGen Energy Price Performance

Shares of NYSE:NXE opened at $10.69 on Tuesday. NexGen Energy has a 1 year low of $5.74 and a 1 year high of $13.96. The business has a 50 day simple moving average of $11.77 and a two-hundred day simple moving average of $10.98. The firm has a market capitalization of $7.06 billion, a PE ratio of -21.81 and a beta of 1.39.

NexGen Energy (NYSE:NXE) last announced its earnings results on Tuesday, March 3rd. The company reported ($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by ($0.02). Equities research analysts expect that NexGen Energy will post -0.22 EPS for the current fiscal year.

NexGen Energy Company Profile

NexGen Energy is a Canada-based uranium exploration and development company focused on advancing its flagship Rook I project in the Athabasca Basin of northern Saskatchewan. The company’s primary activities include resource delineation, feasibility studies, and permitting for its high-grade Arrow deposit, one of the largest undeveloped uranium discoveries in the region. NexGen’s technical team employs advanced drilling, geophysical and geochemical techniques to expand and define its resource base, with the aim of delivering a robust, low-cost supply of uranium to global nuclear power markets.

The Rook I project sits within one of the world’s most prolific uranium districts, offering excellent infrastructure access, a skilled local workforce and a supportive regulatory regime.