SMR
Big sale, bigger side-eye
NuScale Power’s director Corp Fluor just sold 12,936,472 shares, a transaction worth roughly $1.35 billion. After the sale, Fluor still owned 13.5 million shares, so this wasn’t a full goodbye — more like taking a very large check to the bank while keeping a foot in the door.
Why investors are paying attention
Insider selling isn’t always a red flag. Sometimes people diversify, rebalance, or need liquidity. But when the number gets this chunky, investors naturally squint a little harder. You don’t sell that much stock and expect the market to shrug like it’s just a Tuesday latte order.
The backdrop is doing a lot of the lifting
This comes while NuScale stock has been rallying with the broader nuclear trade and policy tailwinds. The weird part? The company’s operating numbers still look pretty squishy — it recently posted an EPS miss of -$0.80 versus -$0.10 expected, and revenue came in at $1.81 million versus $8.76 million expected.
The takeaway
So yes, the stock can rip on sector excitement. But if you’re an investor, this insider sale is a reminder to separate the theme trade from the actual business. Big picture: the nuclear narrative is hot, but NuScale’s fundamentals still have a lot of catching up to do.