Nano Nuclear Energy (NASDAQ:NNE) Trading 9.9% Higher - Should You Buy?

Nano Nuclear Energy Inc. (NASDAQ:NNE - Get Free Report) shares traded up 9.9% during mid-day trading on Tuesday . The company traded as high as $36.11 and last traded at $36.0290. 1,088,081 shares were traded during mid-day trading, a decline of 46% from the average session volume of 2,024,906 shares. The stock had previously closed at $32.79.Get Nano Nuclear Energy alerts:Analysts Set New Price Targets2 Under-the-Radar Energy Stocks to Watch for AI Demand in 2026Several research firms have weighed in on NNE. Weiss Ratings restated a "sell (d-)" rating on shares of Nano Nuclear Energy in a report on Thursday. Benchmark reaffirmed a "buy" rating on shares of Nano Nuclear Energy in a research report on Friday, December 19th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $47.00.Get Our Latest Research Report on Nano Nuclear EnergyNano Nuclear Energy Price PerformanceWho Won and Who Lost in Nuclear Energy’s Q2 EarningsThe firm's fifty day moving average is $32.11 and its two-hundred day moving average is $36.39. The firm has a market capitalization of $1.77 billion, a PE ratio of -33.73 and a beta of 7.48. Nano Nuclear Energy (NASDAQ:NNE - Get Free Report) last announced its earnings results on Thursday, December 18th. The company reported ($0.19) earnings per share for the quarter, topping analysts' consensus estimates of ($0.33) by $0.14. As a group, equities research analysts predict that Nano Nuclear Energy Inc. will post -0.92 EPS for the current fiscal year. Insider Transactions at Nano Nuclear EnergyAI Demand Sparks Opportunities for These 3 Nuclear Energy LeadersIn other news, Chairman Jiang Yu sold 378,474 shares of the firm's stock in a transaction on Wednesday, December 24th. The stock was sold at an average price of $30.14, for a total transaction of $11,407,206.36. Following the completion of the sale, the chairman directly owned 9,621,526 shares of the company's stock, valued at $289,992,793.64. This trade represents a 3.78% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO James John Walker sold 25,000 shares of the business's stock in a transaction dated Wednesday, December 24th. The stock was sold at an average price of $30.12, for a total transaction of $753,000.00. Following the completion of the transaction, the chief executive officer directly owned 275,000 shares in the company, valued at $8,283,000. This trade represents a 8.33% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 1,936,000 shares of company stock worth $56,375,077. Company insiders own 32.77% of the company's stock. Hedge Funds Weigh In On Nano Nuclear EnergySeveral large investors have recently modified their holdings of the business. US Bancorp DE boosted its stake in Nano Nuclear Energy by 51.9% in the 3rd quarter. US Bancorp DE now owns 1,171 shares of the company's stock worth $45,000 after purchasing an additional 400 shares during the period. Rothschild Investment LLC lifted its holdings in shares of Nano Nuclear Energy by 9.3% in the second quarter. Rothschild Investment LLC now owns 6,655 shares of the company's stock worth $230,000 after buying an additional 565 shares in the last quarter. CWM LLC boosted its position in shares of Nano Nuclear Energy by 17.7% in the third quarter. CWM LLC now owns 3,837 shares of the company's stock valued at $148,000 after acquiring an additional 576 shares during the period. Swiss National Bank grew its stake in Nano Nuclear Energy by 1.2% during the third quarter. Swiss National Bank now owns 60,300 shares of the company's stock valued at $2,325,000 after acquiring an additional 700 shares in the last quarter. Finally, Arizona State Retirement System grew its stake in Nano Nuclear Energy by 8.6% during the third quarter. Arizona State Retirement System now owns 9,179 shares of the company's stock valued at $354,000 after acquiring an additional 727 shares in the last quarter. Nano Nuclear Energy Company Profile (Get Free Report)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. Read MoreFive stocks we like better than Nano Nuclear EnergyHow a Family Trust May Be Able To Help Preserve Your WealthDo not delete, read immediatelyNEW LAW: Congress Approves Setup For Digital Dollar?“Fed Proof” Your Bank Account with THESE 4 Simple StepsA U.S. “birthright” claim worth trillions - activated quietlyThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Nano Nuclear Energy Right Now?Before you consider Nano Nuclear Energy, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Nano Nuclear Energy wasn't on the list.While Nano Nuclear Energy currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here