Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. NuScale Power Corporation shares valued at $499,290 were sold by Reyes Jose N Jr on Apr 02 ’25. At $15.13 per share, Reyes Jose N Jr sold 33,000 shares. The insider’s holdings dropped to 516,207 shares worth approximately $7.67 million following the completion of this transaction.
Also, Reyes Jose N Jr purchased 33,000 shares, netting a total of over 499,423 in proceeds.
Before that, Hamady Robert Ramsey had sold 31,496 shares from its account. In a trade valued at $494,487, the Chief Financial Officer traded NuScale Power Corporation shares for $15.70 each. Upon closing the transaction, the insider’s holdings decreased to 31,496 shares, worth approximately $0.45 million.
As published in their initiating research note from Craig Hallum on September 26, 2024, NuScale Power Corporation [SMR] has been a Buy and the price target has been revised to $16. Analysts at CLSA started covering the stock with ‘”an Outperform”‘ outlook in a report released in mid September. As of March 19, 2024, Wells Fargo has decreased its “an Equal weight” rating to a “an Underweight” for SMR. Earlier on January 29, 2024, Canaccord Genuity initiated its rating. Their recommendation was “a Buy” for SMR stock.
Analyzing SMR Stock Performance
During the last five days, there has been a surge of approximately 5.02%. Over the course of the year, NuScale Power Corporation shares have dropped approximately -17.18%. Shares of the company reached a 52-week high of $29.66 on 01/23/25 and a 52-week low of $11.08 on 04/04/25. A 50-day SMA is recorded $18.64, while a 200-day SMA reached $16.74.
Support And Resistance Levels for NuScale Power Corporation (SMR)
According to the 24-hour chart, there is a support level at 14.24, which, if violated, would cause prices to drop to 13.64. In the upper region, resistance lies at 15.61. The next price resistance is at 16.38. RSI (Relative Strength Index) is 44.88 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.44, which suggests the price will decrease in the coming days. Percent R is at 56.16%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
