NuScale Power Co. (NYSE:SMR) Shares Acquired by Venturi Wealth Management LLC

Venturi Wealth Management LLC lifted its stake in shares of NuScale Power Co. (NYSE:SMR) by 313.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,978 shares of the company’s stock after purchasing an additional 1,500 shares during the quarter. Venturi Wealth Management LLC’s holdings in NuScale Power were worth $35,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Toth Financial Advisory Corp grew its stake in shares of NuScale Power by 600.0% during the 4th quarter. Toth Financial Advisory Corp now owns 2,100 shares of the company’s stock worth $38,000 after purchasing an additional 1,800 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank purchased a new stake in shares of NuScale Power in the 3rd quarter worth about $44,000. US Bancorp DE purchased a new stake in shares of NuScale Power in the 3rd quarter worth about $54,000. Union Bancaire Privee UBP SA purchased a new stake in shares of NuScale Power in the 4th quarter worth about $67,000. Finally, KBC Group NV purchased a new stake in shares of NuScale Power in the 4th quarter worth about $70,000. 78.37% of the stock is owned by institutional investors and hedge funds.

NuScale Power Price Performance

NuScale Power stock opened at $17.61 on Wednesday. NuScale Power Co. has a 52 week low of $2.56 and a 52 week high of $32.30. The company has a quick ratio of 2.24, a current ratio of 2.24 and a debt-to-equity ratio of 0.26. The firm’s 50-day simple moving average is $21.81 and its 200 day simple moving average is $18.28. The firm has a market capitalization of $4.50 billion, a PE ratio of -18.53 and a beta of 1.51.

Insider Buying and Selling

In other NuScale Power news, CEO John Lawrence Hopkins sold 664,568 shares of the company’s stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $18.04, for a total value of $11,988,806.72. Following the transaction, the chief executive officer now directly owns 34,675 shares in the company, valued at approximately $625,537. This represents a 95.04 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Jacqueline F. Engel sold 18,186 shares of the company’s stock in a transaction dated Friday, November 29th. The shares were sold at an average price of $29.00, for a total transaction of $527,394.00. Following the completion of the transaction, the vice president now owns 3,801 shares in the company, valued at approximately $110,229. This trade represents a 82.71 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.96% of the company’s stock.

NuScale Power Company Profile

NuScale Power Corporation engages in the development and sale of modular light water reactor nuclear power plants to supply energy for electrical generation, district heating, desalination, hydrogen production, and other process heat applications. It offers NuScale Power Module (NPM), a water reactor that can generate 77 megawatts of electricity (MWe); and VOYGR power plant designs for three facility sizes that are capable of housing from one to four and six or twelve NPMs.