Perigon Wealth Management LLC Acquires Shares of 109,508 Nano Nuclear Energy Inc. (NASDAQ:NNE)

Perigon Wealth Management LLC acquired a new stake in Nano Nuclear Energy Inc. (NASDAQ:NNE) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 109,508 shares of the company’s stock, valued at approximately $2,564,000. Perigon Wealth Management LLC owned 0.30% of Nano Nuclear Energy as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Citizens Financial Group Inc. RI increased its stake in shares of Nano Nuclear Energy by 747.7% during the third quarter. Citizens Financial Group Inc. RI now owns 729,000 shares of the company’s stock worth $10,505,000 after acquiring an additional 643,000 shares during the period. State Street Corp acquired a new position in shares of Nano Nuclear Energy during the third quarter worth about $718,000. XTX Topco Ltd acquired a new position in shares of Nano Nuclear Energy during the third quarter worth about $305,000. Barclays PLC acquired a new position in shares of Nano Nuclear Energy during the third quarter worth about $76,000. Finally, Geode Capital Management LLC acquired a new position in shares of Nano Nuclear Energy during the third quarter worth about $954,000.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. HC Wainwright reiterated a “buy” rating and set a $50.00 price target on shares of Nano Nuclear Energy in a research note on Wednesday. Benchmark boosted their price target on shares of Nano Nuclear Energy from $39.00 to $66.00 and gave the stock a “buy” rating in a research note on Thursday, November 7th.

Nano Nuclear Energy Price Performance

NNE stock opened at $36.54 on Thursday. Nano Nuclear Energy Inc. has a 52 week low of $3.25 and a 52 week high of $48.05. The company’s 50-day moving average price is $27.36 and its 200 day moving average price is $19.43.

Nano Nuclear Energy (NASDAQ:NNE) last released its quarterly earnings data on Monday, December 30th. The company reported ($0.08) EPS for the quarter, topping analysts’ consensus estimates of ($0.16) by $0.08. On average, research analysts expect that Nano Nuclear Energy Inc. will post -0.92 earnings per share for the current fiscal year.

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.