NuScale Power (NYSE:SMR) Stock Price Down 3.9% on Insider Selling

Shares fell after a director sold nearly 464,000 shares in the company.

Mar. 3, 2026 at 10:10pm

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NuScale Power Corporation's (NYSE:SMR) stock price fell 3.9% during trading on Tuesday after an insider sold shares in the company. Specifically, Director Corp Fluor sold 463,747 shares at an average price of $13.15, for a total value of $6,098,273.05. Following the sale, the director still owns a significant stake in the company, valued at approximately $525,164,606.80.

Why it matters

Insider selling can sometimes be interpreted as a negative signal by investors, even when the insider retains a large ownership position. This transaction has raised some concerns among investors about the company's near-term outlook, despite NuScale's long-term potential as a leading developer of small modular nuclear reactors.

The details

The stock traded as low as $11.74 and closed at $12.54, down from the previous close of $13.05. Trading volume was down 20% from the average session. In addition to the insider sale, several Wall Street analysts have recently adjusted their price targets and ratings on NuScale, with some firms like Goldman Sachs and Citigroup taking a more cautious stance on the stock.

  • The insider sale occurred on Thursday, February 26th.
  • NuScale Power reported its Q4 results on Thursday, February 26th, which missed analyst estimates.

The players

Corp Fluor

A director at NuScale Power who sold 463,747 shares in the company.

Goldman Sachs

An investment bank that lowered its price target on NuScale Power to $14 and maintained a neutral rating.

Citigroup

An investment bank that cut its price target on NuScale Power to $11.50 and issued a sell rating on the stock.

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