Insider Selling: Nano Nuclear Energy (NASDAQ:NNE) Major Shareholder Sells $3,856,153.42 in Stock

Nano Nuclear Energy Inc. (NASDAQ:NNE) major shareholder I Financial Ventures Group Llc sold 121,339 shares of the firm’s stock in a transaction dated Thursday, January 29th. The shares were sold at an average price of $31.78, for a total value of $3,856,153.42. Following the transaction, the insider owned 8,724,000 shares in the company, valued at approximately $277,248,720. This trade represents a 1.37% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

I Financial Ventures Group Llc also recently made the following trade(s):

• On Wednesday, January 28th, I Financial Ventures Group Llc sold 766,661 shares of Nano Nuclear Energy stock. The shares were sold at an average price of $34.14, for a total value of $26,173,806.54.
• On Monday, December 29th, I Financial Ventures Group Llc sold 176,457 shares of Nano Nuclear Energy stock. The shares were sold at an average price of $27.03, for a total value of $4,769,632.71.
• On Friday, December 26th, I Financial Ventures Group Llc sold 333,069 shares of Nano Nuclear Energy stock. The stock was sold at an average price of $28.47, for a total value of $9,482,474.43.
• On Wednesday, December 24th, I Financial Ventures Group Llc sold 378,474 shares of Nano Nuclear Energy stock. The shares were sold at an average price of $30.14, for a total value of $11,407,206.36.

Nano Nuclear Energy Trading Down 8.4%

Shares of Nano Nuclear Energy stock opened at $29.40 on Monday. The firm has a fifty day simple moving average of $32.27 and a 200-day simple moving average of $36.31. The stock 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 Inc. has a 1-year low of $17.26 and a 1-year high of $60.87.

Nano Nuclear Energy (NASDAQ:NNE) last announced 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. As a group, research analysts predict that Nano Nuclear Energy Inc. will post -0.92 earnings per share for the current year.

Hedge Funds Weigh In On Nano Nuclear Energy

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

Analysts Set New Price Targets

NNE has been the topic of several recent analyst reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Nano Nuclear Energy in a research report on Thursday, January 22nd. Benchmark reaffirmed a “buy” rating on shares of Nano Nuclear Energy in a research report on Friday, December 19th. Finally, Texas Capital raised shares of Nano Nuclear Energy to a “strong-buy” rating in a report on Tuesday, January 27th. Two analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $47.00.

More Nano Nuclear Energy News

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

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.