Jones Financial Companies Lllp Has $241,000 Position in Nano Nuclear Energy Inc. (NASDAQ:NNE)

Jones Financial Companies Lllp grew its holdings in Nano Nuclear Energy Inc. (NASDAQ:NNE) by 674.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 9,683 shares of the company’s stock after purchasing an additional 8,433 shares during the quarter. Jones Financial Companies Lllp’s holdings in Nano Nuclear Energy were worth $241,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of NNE. Citizens Financial Group Inc. RI increased its holdings in Nano Nuclear Energy by 747.7% in the third quarter. Citizens Financial Group Inc. RI now owns 729,000 shares of the company’s stock valued at $10,505,000 after purchasing an additional 643,000 shares during the last quarter. Van ECK Associates Corp bought a new stake in Nano Nuclear Energy in the fourth quarter valued at about $11,311,000. Perigon Wealth Management LLC bought a new stake in Nano Nuclear Energy in the fourth quarter valued at about $2,564,000. Geode Capital Management LLC bought a new stake in Nano Nuclear Energy in the third quarter valued at about $954,000. Finally, Virtu Financial LLC bought a new stake in Nano Nuclear Energy in the third quarter valued at about $933,000.

Nano Nuclear Energy Price Performance

Nano Nuclear Energy stock opened at $27.78 on Thursday. The stock’s fifty day moving average price is $30.59 and its two-hundred day moving average price is $23.48. Nano Nuclear Energy Inc. has a one year low of $3.25 and a one year high of $48.05. The firm has a market cap of $1.03 billion and a PE ratio of -67.76.

Nano Nuclear Energy (NASDAQ:NNE) last issued its earnings results on Thursday, February 13th. The company reported ($0.09) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.18) by $0.09. Sell-side analysts expect that Nano Nuclear Energy Inc. will post -0.92 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, HC Wainwright restated a “buy” rating and issued a $50.00 price target on shares of Nano Nuclear Energy in a report on Wednesday, January 29th.

About Nano Nuclear Energy

NANO Nuclear Energy, Inc is a microreactor and nuclear technology company, which provides supply energy services. Its products in technical development are ZEUS, a solid core battery reactor, and ODIN, a low-pressure coolant reactor. The company is founded by Jiang Yu in February, 2022 and is headquartered in New York, NY.