NuScale Power Co. (NYSE:SMR) Shares Purchased by Global Retirement Partners LLC

Global Retirement Partners LLC grew its stake in shares of NuScale Power Co. (NYSE:SMR) by 60.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,932 shares of the company’s stock after acquiring an additional 1,852 shares during the quarter. Global Retirement Partners LLC’s holdings in NuScale Power were worth $88,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of SMR. New York State Common Retirement Fund increased its holdings in NuScale Power by 8.5% in the 4th quarter. New York State Common Retirement Fund now owns 24,172 shares of the company’s stock worth $433,000 after buying an additional 1,900 shares during the period. Venturi Wealth Management LLC increased its holdings in NuScale Power by 313.8% in the 4th quarter. Venturi Wealth Management LLC now owns 1,978 shares of the company’s stock worth $35,000 after buying an additional 1,500 shares during the period. Truist Financial Corp increased its holdings in NuScale Power by 52.5% in the 4th quarter. Truist Financial Corp now owns 26,140 shares of the company’s stock worth $469,000 after buying an additional 9,000 shares during the period. Sanctuary Advisors LLC acquired a new position in NuScale Power in the 4th quarter worth approximately $303,000. Finally, Allworth Financial LP increased its holdings in NuScale Power by 781.5% in the 4th quarter. Allworth Financial LP now owns 8,815 shares of the company’s stock worth $158,000 after buying an additional 7,815 shares during the period. Institutional investors and hedge funds own 78.37% of the company’s stock.

Insider Buying and Selling

In other news, CEO John Lawrence Hopkins sold 664,568 shares of the firm’s stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $18.04, for a total transaction of $11,988,806.72. Following the sale, the chief executive officer now owns 34,675 shares of the company’s stock, valued at $625,537. This trade represents a 95.04 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.96% of the stock is owned by corporate insiders.

NuScale Power Price Performance

Shares of NYSE:SMR opened at $17.23 on Friday. NuScale Power Co. has a twelve month low of $2.96 and a twelve month high of $32.30. The company’s 50 day moving average is $21.69 and its 200 day moving average is $18.32. The company has a current ratio of 2.24, a quick ratio of 2.24 and a debt-to-equity ratio of 0.26. The company has a market cap of $4.40 billion, a PE ratio of -18.14 and a beta of 1.51.

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.