Nano Nuclear Energy (NASDAQ:NNE) CFO Sells $2,553,000.00 in Stock

Nano Nuclear Energy Inc. (NASDAQ:NNE) CFO Jaisun Garcha sold 75,000 shares of the stock in a transaction dated Wednesday, January 28th. The stock was sold at an average price of $34.04, for a total value of $2,553,000.00. Following the sale, the chief financial officer owned 250,000 shares of the company’s stock, valued at approximately $8,510,000. The trade was a 23.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Nano Nuclear Energy Price Performance

Shares of NASDAQ:NNE opened at $29.40 on Monday. Nano Nuclear Energy Inc. has a 1 year low of $17.26 and a 1 year high of $60.87. The business’s 50-day moving average is $32.27 and its 200-day moving average is $36.31. The company has a market capitalization of $1.49 billion, a price-to-earnings ratio of -28.27 and a beta of 7.47.

Nano Nuclear Energy (NASDAQ:NNE) last released its earnings results on Thursday, December 18th. The company reported ($0.19) EPS for the quarter, topping the consensus estimate of ($0.33) by $0.14. Analysts anticipate that Nano Nuclear Energy Inc. will post -0.92 EPS for the current year.

Key Stories Impacting Nano Nuclear Energy

Here are the key news stories impacting Nano Nuclear Energy this week:

• Positive Sentiment: Texas Capital (reported via TickerReport/Zacks) upgraded NNE to a “strong-buy,” which is supportive for the stock and could attract buyers. Texas Capital upgrade
• Neutral Sentiment: Major shareholders remain large holders after the trades — I Financial Ventures Group and Chairman Jiang Yu still report multi‑million‑share positions (over 8.7M shares), which limits the chance these were complete exits. I Financial Ventures filing
• Negative Sentiment: CEO James John Walker sold 195,000 shares at an average price of $34.04 (~$6.64M). The sale reduced his stake by ~43.8%, which investors often view negatively and can put downward pressure on the share price. CEO sale filing
• Negative Sentiment: CFO Jaisun Garcha sold 75,000 shares at an average $34.04 (~$2.55M), a ~23.1% reduction in his holding — another insider sell that contributes to bearish sentiment. CFO sale filing
• Negative Sentiment: I Financial Ventures Group sold large blocks: 766,661 shares (avg $34.14, ~$26.17M) and 121,339 shares (avg $31.78, ~$3.86M) across Jan. 28–29, reducing its stake by ~8.1% and 1.37% respectively — institutional selling at these sizes typically increases supply and can depress price. I Financial Ventures filings
• Negative Sentiment: Chairman Jiang Yu sold identical blocks to those attributed to the major shareholder (766,661 and 121,339 shares at similar prices), cutting his position by ~8.1% and 1.37% — additional executive-level sales magnify negative market reaction. Chairman sale filings

Institutional Investors Weigh In On Nano Nuclear Energy

A number of institutional investors and hedge funds have recently made changes to their positions in the business. UBS Group AG lifted its position in Nano Nuclear Energy by 135.7% in the 4th quarter. UBS Group AG now owns 1,158,050 shares of the company’s stock valued at $27,805,000 after acquiring an additional 666,722 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of Nano Nuclear Energy by 27.4% in the fourth quarter. Vanguard Group Inc. now owns 2,264,051 shares of the company’s stock valued at $54,360,000 after purchasing an additional 486,367 shares in the last quarter. Concurrent Investment Advisors LLC boosted its position in shares of Nano Nuclear Energy by 44.7% during the fourth quarter. Concurrent Investment Advisors LLC now owns 12,437 shares of the company’s stock valued at $299,000 after buying an additional 3,840 shares during the last quarter. Arizona State Retirement System grew its holdings in Nano Nuclear Energy by 19.8% during the fourth quarter. Arizona State Retirement System now owns 10,997 shares of the company’s stock worth $264,000 after buying an additional 1,818 shares in the last quarter. Finally, Kingswood Wealth Advisors LLC raised its position in Nano Nuclear Energy by 279.2% in the 4th quarter. Kingswood Wealth Advisors LLC now owns 20,167 shares of the company’s stock valued at $484,000 after buying an additional 14,848 shares during the last quarter.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the stock. Texas Capital upgraded shares of Nano Nuclear Energy to a “strong-buy” rating in a report on Tuesday, January 27th. Benchmark restated a “buy” rating on shares of Nano Nuclear Energy in a research note on Friday, December 19th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Nano Nuclear Energy in a research note on Thursday, January 22nd. Two investment analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $47.00.

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.