3,738 Shares in NuScale Power Co. (NYSE:SMR) Bought by Union Bancaire Privee UBP SA

Union Bancaire Privee UBP SA acquired a new position in shares of NuScale Power Co. (NYSE:SMR) in the fourth quarter, Holdings Channel.com reports. The firm acquired 3,738 shares of the company’s stock, valued at approximately $67,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Venturi Wealth Management LLC lifted its stake in 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 buying an additional 1,500 shares in the last quarter. Toth Financial Advisory Corp boosted its stake in shares of NuScale Power by 600.0% in the fourth quarter. Toth Financial Advisory Corp now owns 2,100 shares of the company’s stock worth $38,000 after acquiring an additional 1,800 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank purchased a new stake in shares of NuScale Power during the third quarter worth approximately $44,000. KBC Group NV acquired a new position in NuScale Power in the 4th quarter valued at $70,000. Finally, US Bancorp DE purchased a new position in NuScale Power in the 3rd quarter valued at $54,000. 78.37% of the stock is owned by hedge funds and other institutional investors.

NuScale Power Price Performance

NuScale Power stock opened at $17.61 on Wednesday. The company has a fifty day simple moving average of $21.81 and a 200-day simple moving average of $18.28. 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 has a market capitalization of $4.50 billion, a price-to-earnings ratio of -18.53 and a beta of 1.51. NuScale Power Co. has a 52-week low of $2.56 and a 52-week high of $32.30.

Insiders Place Their Bets

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

NuScale Power 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.