Prospera Financial Services Inc Buys New Shares in NuScale Power Corporation $SMR

Prospera Financial Services Inc bought a new stake in NuScale Power Corporation (NYSE:SMR) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 140,467 shares of the company’s stock, valued at approximately $1,990,000.

Other institutional investors have also added to or reduced their stakes in the company. Strategic Advocates LLC bought a new position in NuScale Power in the third quarter valued at $25,000. Nemes Rush Group LLC bought a new position in NuScale Power in the third quarter valued at $25,000. Accredited Wealth Management LLC bought a new position in NuScale Power in the third quarter valued at $35,000. Triumph Capital Management purchased a new stake in NuScale Power in the third quarter worth approximately $37,000. Finally, Ameritas Advisory Services LLC boosted its stake in NuScale Power by 292.9% in the third quarter. Ameritas Advisory Services LLC now owns 1,100 shares of the company’s stock worth $40,000 after buying an additional 820 shares in the last quarter. Institutional investors own 78.37% of the company’s stock.

Insiders Place Their Bets

In other NuScale Power news, CFO Robert Ramsey Hamady sold 18,570 shares of the stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $12.22, for a total value of $226,925.40. Following the completion of the sale, the chief financial officer owned 97,192 shares in the company, valued at approximately $1,187,686.24. This trade represents a 16.04% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Corp Fluor sold 13,500,000 shares of the stock in a transaction that occurred on Tuesday, April 21st. The stock was sold at an average price of $11.81, for a total value of $159,435,000.00. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 40,108,335 shares of company stock worth $474,931,335. 1.28% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Canaccord Genuity Group cut their target price on NuScale Power from $60.00 to $25.00 and set a “buy” rating for the company in a research note on Friday, February 27th. Citigroup cut their target price on NuScale Power from $9.00 to $7.00 and set a “sell” rating for the company in a research note on Monday, May 11th. Bank of America started coverage on NuScale Power in a research note on Friday, May 22nd. They issued a “neutral” rating and a $12.00 target price for the company. The Goldman Sachs Group set a $9.00 price target on shares of NuScale Power in a research note on Friday, May 8th. Finally, B. Riley Financial lowered their price target on shares of NuScale Power from $24.00 to $19.00 and set a “buy” rating for the company in a research note on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, NuScale Power has an average rating of “Hold” and an average price target of $15.92.

NuScale Power Price Performance

Shares of NuScale Power stock opened at $12.05 on Thursday. The stock has a market capitalization of $4.40 billion, a P/E ratio of -4.13 and a beta of 2.24. NuScale Power Corporation has a one year low of $8.85 and a one year high of $57.42. The business’s 50 day simple moving average is $11.41 and its two-hundred day simple moving average is $15.38.

NuScale Power (NYSE:SMR) last announced its quarterly earnings results on Thursday, May 7th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.03). The firm had revenue of $0.57 million during the quarter, compared to the consensus estimate of $7.00 million. NuScale Power had a negative return on equity of 48.88% and a negative net margin of 2,066.55%.NuScale Power’s revenue was down 95.8% on a year-over-year basis. Sell-side analysts expect that NuScale Power Corporation will post -0.79 earnings per share for the current fiscal year.

Key Stories Impacting NuScale Power

Here are the key news stories impacting NuScale Power this week:

• Positive Sentiment: Investors are re-rating NuScale’s growth story after reports centered on its partnership with ENTRA1 Energy and the TVA plan to develop up to 6 GW of SMR capacity, which reinforces the company’s long-term commercialization opportunity. Article Title
• Positive Sentiment: Coverage also pointed to NuScale’s NRC licensing lead and dual Part 52 approvals as a competitive advantage that could help speed deployments for AI data centers and industrial customers. Article Title
• Positive Sentiment: Analysts and commentators continue to frame SMR as a possible solution to surging AI power demand, which keeps the stock in play as a speculative “advanced nuclear” name. Article Title
• Neutral Sentiment: A comparative article on NuScale versus Oklo keeps attention on the nuclear sector, but it does not provide a clear new company-specific catalyst for SMR. Article Title
• Negative Sentiment: Bearish commentary argues that true revenue is still far away, underscoring execution risk and supporting concerns that the current valuation may be running ahead of fundamentals. Article Title
• Negative Sentiment: Recent quarterly results were weak, with NuScale missing earnings and revenue expectations, which continues to weigh on investor confidence even as commercialization headlines improve.

NuScale Power Company Profile

NuScale Power Corporation, trading on the NYSE American under the ticker SMR, is a pioneering developer of small modular nuclear reactors. Established in 2007 as a spinout from Oregon State University, the company is headquartered in Portland, Oregon. NuScale’s mission is to deliver zero-carbon baseload power through scalable modular reactor technology, aiming to transform traditional nuclear energy deployment.

At the core of NuScale’s offering is the VOYGR small modular reactor design, featuring 77-megawatt electric (MWe) modules with passive safety systems.