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NuScale Power Falls as Nuclear Trade Weakens and Investors Reassess Execution Risk

Investivoq PriceTracker

NuScale Power (SMR) is down 9.7% today. Here is some analysis on what might have caused this price movement.

Analysis: The drop appears tied to a broader selloff in small modular reactor names, with investors moving away from higher-risk nuclear developers during a weak session for the group. NuScale-specific pressure also seems to be lingering from concerns around commercialization timing, dilution risk, and the lack of near-term revenue support, rather than from a new company announcement today.

Details:

  • NuScale’s investor page does not show a new negative operating update this week; its latest company release was an October 6 notice for its third-quarter earnings call.
  • The company entered into a sales agreement in August that allows it to sell shares through an at-the-market program, which can weigh on sentiment because investors often view that type of financing as a dilution overhang.
  • Its second-quarter results showed only minimal quarterly revenue while the company still held a large cash and investment balance, reinforcing the view that valuation depends heavily on future project execution.
  • A Form 4 filed on October 5 showed the chief financial officer sold 20,000 shares on October 1 under a Rule 10b5-1 plan; that sale was not large on its own, but it may have added to cautious trading in an already weak tape.

    • Sources:

    NuScale Power, SEC, Yahoo Finance

    Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

    $SMR Insider Trading Activity

    SMR Insider Trades

    $SMR insiders have traded $SMR stock on the open market 7 times in the past 6 months. Of those trades, 0 have been purchases and 7 have been sales.

    Here’s a breakdown of recent trading of $SMR stock by insiders over the last 6 months:

    • CORP FLUOR has made 0 purchases and 2 sales selling 26,436,472 shares for an estimated $309,866,313.
    • ROBERT RAMSEY HAMADY (Chief Financial Officer) has made 0 purchases and 3 sales selling 49,880 shares for an estimated $483,432.
    • SHINJI FUJINO sold 20,000 shares for an estimated $177,160
    • CARL M. FISHER (Chief Operating Officer) sold 18,771 shares for an estimated $175,734

    To track insider transactions, check out Investivoq's insider trading dashboard. You can access data on insider stock transactions through the Investivoq API insider transaction endpoint.

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    $SMR Hedge Fund Activity

    We have seen 315 institutional investors add shares of $SMR stock to their portfolio, and 172 decrease their positions in their most recent quarter.

    Here are some of the largest recent moves:

    • BLACKROCK, INC. added 13,008,142 shares (+101.2%) to their portfolio in Q2 2026, for an estimated $130,471,664
    • VAN ECK ASSOCIATES CORP added 9,278,802 shares (+46.3%) to their portfolio in Q2 2026, for an estimated $93,066,384
    • TWO SIGMA INVESTMENTS, LP added 7,932,077 shares (+213.0%) to their portfolio in Q2 2026, for an estimated $79,558,732
    • RENAISSANCE TECHNOLOGIES LLC removed 5,455,800 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $54,721,674
    • GEODE CAPITAL MANAGEMENT, LLC added 3,101,204 shares (+83.2%) to their portfolio in Q2 2026, for an estimated $31,105,076
    • SUSQUEHANNA INTERNATIONAL GROUP, LLP added 2,278,420 shares (+244.5%) to their portfolio in Q2 2026, for an estimated $22,852,552
    • HRT FINANCIAL LP removed 2,247,770 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $22,545,133

    To track hedge funds' stock portfolios, check out Investivoq's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Investivoq API 13F endpoint.

    $SMR Price Targets

    Multiple analysts have issued price targets for $SMR recently. We have seen 3 analysts offer price targets for $SMR in the last 6 months, with a median target of $13.0.

    Here are some recent targets:

    • Vikram Bagri from Citigroup set a target price of $7.0 on 05/11/2026
    • Ryan Pfingst from B. Riley Securities set a target price of $19.0 on 04/24/2026
    • Samantha Hoh from HSBC set a target price of $13.0 on 04/23/2026

    This article is not financial advice. See Investivoq's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.