Insider Selling: Nano Nuclear Energy (NASDAQ:NNE) Chairman Sells $26,173,806.54 in Stock

Nano Nuclear Energy Inc. (NASDAQ:NNE) Chairman Jiang Yu sold 766,661 shares of the company’s stock in a transaction that occurred on Wednesday, January 28th. The shares were sold at an average price of $34.14, for a total value of $26,173,806.54. Following the completion of the transaction, the chairman directly owned 8,724,000 shares of the company’s stock, valued at approximately $297,837,360. This represents a 8.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Jiang Yu also recently made the following trade(s):

• On Thursday, January 29th, Jiang Yu sold 121,339 shares of Nano Nuclear Energy stock. The stock was sold at an average price of $31.78, for a total value of $3,856,153.42.
• On Monday, December 29th, Jiang Yu sold 176,457 shares of Nano Nuclear Energy stock. The stock was sold at an average price of $27.03, for a total value of $4,769,632.71.
• On Friday, December 26th, Jiang Yu sold 333,069 shares of Nano Nuclear Energy stock. The shares were sold at an average price of $28.47, for a total transaction of $9,482,474.43.
• On Wednesday, December 24th, Jiang Yu sold 378,474 shares of Nano Nuclear Energy stock. The stock was sold at an average price of $30.14, for a total transaction of $11,407,206.36.

Nano Nuclear Energy Stock Down 8.4%

Nano Nuclear Energy stock opened at $29.40 on Monday. The firm has a 50 day moving average price of $32.27 and a 200-day moving average price of $36.31. Nano Nuclear Energy Inc. has a twelve month low of $17.26 and a twelve month high of $60.87. The company has a market capitalization of $1.49 billion, a P/E ratio of -28.27 and a beta of 7.47.

Nano Nuclear Energy (NASDAQ:NNE) last posted its quarterly earnings results on Thursday, December 18th. The company reported ($0.19) EPS for the quarter, topping analysts’ consensus estimates of ($0.33) by $0.14. Equities analysts expect that Nano Nuclear Energy Inc. will post -0.92 EPS for the current fiscal year.

Nano Nuclear Energy News Roundup

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

Analyst Ratings Changes

A number of brokerages recently issued reports on NNE. Benchmark restated a “buy” rating on shares of Nano Nuclear Energy in a research note on Friday, December 19th. Weiss Ratings restated a “sell (d-)” rating on shares of Nano Nuclear Energy in a research note on Thursday, January 22nd. Finally, Texas Capital raised shares of Nano Nuclear Energy to a “strong-buy” rating in a report on Tuesday, January 27th. Two equities research 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 stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $47.00.

Hedge Funds Weigh In On Nano Nuclear Energy

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Royal Bank of Canada raised its position in shares of Nano Nuclear Energy by 185.2% during the 1st quarter. Royal Bank of Canada now owns 21,143 shares of the company’s stock valued at $560,000 after buying an additional 13,730 shares in the last quarter. AQR Capital Management LLC purchased a new stake in Nano Nuclear Energy during the first quarter valued at about $1,187,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Nano Nuclear Energy by 535.0% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,547 shares of the company’s stock valued at $385,000 after purchasing an additional 12,256 shares in the last quarter. NewEdge Advisors LLC lifted its stake in Nano Nuclear Energy by 385.8% during the first quarter. NewEdge Advisors LLC now owns 1,914 shares of the company’s stock worth $51,000 after purchasing an additional 1,520 shares during the last quarter. Finally, KLP Kapitalforvaltning AS boosted its holdings in shares of Nano Nuclear Energy by 173.9% in the 2nd quarter. KLP Kapitalforvaltning AS now owns 12,600 shares of the company’s stock worth $435,000 after purchasing an additional 8,000 shares in the last quarter.

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.