Clover Asset Management Makes New Investment in SMR (NYSE: SMR)

Clover Asset Management acquired 250,000 shares of SMR (NYSE: SMR) for $2.06 million, citing confidence in next-generation nuclear energy. SMR maintains an average “Buy” rating with a $13.94 price target.

Clover Asset Management has acquired a new position in shares of SMR (NYSE: SMR) at the end of the third quarter, according to its most recent filing with the Financial Conduct Authority. The institutional investor purchased 250,000 shares of the nuclear energy company’s stock on August 30, 2024, valued at approximately $2,057,500 at a price of $8…

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