FNY Investment Advisers LLC acquired a new position in shares of NuScale Power Co . (NYSE:SMR – Get Rating ) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 15,000 shares of the company’s stock, valued at approximately $153,000.
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Several other large investors have also recently added to or reduced their stakes in the company. Amalgamated Bank boosted its stake in NuScale Power by 86.3% during the third quarter. Amalgamated Bank now owns 4,049 shares of the company’s stock valued at $47,000 after buying an additional 1,876 shares in the last quarter. Strs Ohio raised its position in NuScale Power by 80.0% during the third quarter. Strs Ohio now owns 7,200 shares of the company’s stock valued at $84,000 after purchasing an additional 3,200 shares in the last quarter. Federated Hermes Inc. purchased a new position in NuScale Power during the third quarter valued at $43,000. California State Teachers Retirement System raised its position in NuScale Power by 68.7% during the third quarter. California State Teachers Retirement System now owns 12,373 shares of the company’s stock valued at $145,000 after buying an additional 5,040 shares in the last quarter. Finally, New York State Common Retirement Fund raised its position in NuScale Power by 45.5% in the third quarter. New York State Common Retirement Fund now owns 17,749 shares of the company’s stock valued at $207,000 after purchasing an additional 5,549 shares during the last quarter.
NuScale Power Stock fell 1.3%
NYSE:SMR traded down $0.11 during mid-day trading on Friday, hitting $8.69. 446,595 shares of the company were exchanged, with its average volume of 732,851. NuScale Power Co. has a 12-month low of $8.54 and a 12-month high of $15.85. The company has a fifty day moving average of $10.35 and a 200 day moving average of $11.19.
Insiders place their bets
In related news, insider Thomas P. Mundy sold 18,358 shares of the business’s stock in a transaction that occurred on Monday, February 13th. Shares were sold at an average price of $10.52, for a total value of $193,126.16. Following the completion of the transaction, the insider now owns 64,264 shares in the company, valued at approximately $676,057.28. The transaction was disclosed in a filing with the Securities and Exchange Commission, which is available through the SEC’s website. In related news, Treasurer Rudy Murgo sold 20,797 shares of the firm’s stock in a transaction dated Monday, February 13th. The shares were sold at an average price of $10.52, for a total value of $218,784.44. Following the transaction, the treasurer now owns 7,854 shares in the company, valued at $82,624.08. The transaction was disclosed in a document filed with the SEC, which is available via this hyperlink. Also, insider Thomas P. Mundy sold 18,358 shares of the firm’s stock in a transaction dated Monday, February 13th. Shares were sold at an average price of $10.52, for a total value of $193,126.16. Following the completion of the transaction, the insider now owns 64,264 shares in the company, valued at approximately $676,057.28. Disclosure of this sale can be found here. Insiders have sold a total of 331,557 shares of company stock valued at $3,424,616 over the last 90 days.
NuScale Power Profile
NuScale Power Corporation develops and markets modular light water reactor nuclear power plants to deliver energy for electricity generation, district heating, desalination, hydrogen production and other process heat applications. It offers the NuScale Power Module, a water reactor capable of generating 77 megawatts of electricity (MWe); The VOYGR-12 power plant, which can generate 924 MWe; and four-module VOYGR-4 and six-module VOYGR-6 installations, as well as other configurations based on customer needs.
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