Nano Nuclear Energy (NASDAQ:NNE) Chairman Jiang Yu Sells 766,661 Shares of Stock

Nano Nuclear Energy Inc. (NASDAQ:NNE) Chairman Jiang Yu sold 766,661 shares of the company’s stock in a transaction on Wednesday, January 28th. The shares were sold at an average price of $34.14, for a total transaction of $26,173,806.54. Following the sale, the chairman owned 8,724,000 shares of the company’s stock, valued at $297,837,360. The trade was a 8.08% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

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 shares were sold at an average price of $31.78, for a total transaction 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 value of $9,482,474.43.
• On Wednesday, December 24th, Jiang Yu sold 378,474 shares of Nano Nuclear Energy stock. The shares were sold at an average price of $30.14, for a total transaction of $11,407,206.36.

Nano Nuclear Energy Trading Down 8.4%

Shares of NASDAQ NNE opened at $29.40 on Friday. The firm has a market cap of $1.49 billion, a PE ratio of -28.27 and a beta of 7.48. The company has a fifty day moving average price of $32.27 and a 200 day moving average price of $36.31. 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 issued its quarterly 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. Equities research analysts forecast that Nano Nuclear Energy Inc. will post -0.92 EPS for the current year.

Key Headlines Impacting Nano Nuclear Energy

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

Wall Street Analyst Weigh In

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

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of NNE. US Bancorp DE lifted its holdings in Nano Nuclear Energy by 51.9% during the third quarter. US Bancorp DE now owns 1,171 shares of the company’s stock valued at $45,000 after purchasing an additional 400 shares during the last quarter. Rothschild Investment LLC lifted its holdings in shares of Nano Nuclear Energy by 9.3% during the 2nd quarter. Rothschild Investment LLC now owns 6,655 shares of the company’s stock worth $230,000 after acquiring an additional 565 shares during the last quarter. CWM LLC lifted its stake in Nano Nuclear Energy by 17.7% during the third quarter. CWM LLC now owns 3,837 shares of the company’s stock worth $148,000 after purchasing an additional 576 shares during the last quarter. Swiss National Bank grew its position 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 during the last quarter. Finally, Arizona State Retirement System lifted its stake in Nano Nuclear Energy by 8.6% in the third quarter. Arizona State Retirement System now owns 9,179 shares of the company’s stock worth $354,000 after purchasing an additional 727 shares during the last quarter.

Nano Nuclear Energy Company Profile

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.