New York State Common Retirement Fund Raises Position in NuScale Power Co. (NYSE:SMR)

New York State Common Retirement Fund lifted its stake in shares of NuScale Power Co. (NYSE:SMR) by 8.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 24,172 shares of the company’s stock after acquiring an additional 1,900 shares during the quarter. New York State Common Retirement Fund’s holdings in NuScale Power were worth $433,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the stock. Catalina Capital Group LLC increased its stake in shares of NuScale Power by 6.8% during the third quarter. Catalina Capital Group LLC now owns 12,638 shares of the company’s stock worth $146,000 after buying an additional 809 shares during the period. HighTower Advisors LLC grew its holdings in NuScale Power by 7.3% during the 3rd quarter. HighTower Advisors LLC now owns 12,108 shares of the company’s stock worth $140,000 after acquiring an additional 820 shares in the last quarter. Venturi Wealth Management LLC increased its position in shares of NuScale Power by 313.8% in the 4th quarter. Venturi Wealth Management LLC now owns 1,978 shares of the company’s stock valued at $35,000 after purchasing an additional 1,500 shares during the last quarter. Toth Financial Advisory Corp raised its holdings in shares of NuScale Power by 600.0% in the 4th quarter. Toth Financial Advisory Corp now owns 2,100 shares of the company’s stock valued at $38,000 after purchasing an additional 1,800 shares in the last quarter. Finally, Union Bancaire Privee UBP SA purchased a new stake in shares of NuScale Power during the 4th quarter worth $67,000. 78.37% of the stock is currently owned by institutional investors and hedge funds.

NuScale Power Stock Up 11.2 %

NuScale Power stock opened at $17.19 on Wednesday. The stock’s fifty day moving average is $21.53 and its two-hundred day moving average is $18.54. The stock has a market cap of $4.39 billion, a PE ratio of -18.09 and a beta of 1.51. NuScale Power Co. has a 1-year low of $3.79 and a 1-year high of $32.30. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.24 and a quick ratio of 2.24.

Insider Activity at NuScale Power

In related news, CEO John Lawrence Hopkins sold 664,568 shares of the business’s stock in a transaction on 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 completion of the sale, the chief executive officer now directly owns 34,675 shares of the company’s stock, valued at $625,537. The trade was a 95.04 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.96% of the stock is currently owned by corporate insiders.

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.