NuScale Power CFO Hamady sells $189,800 in stock

Robert Ramsey Hamady, Chief Financial Officer of NuScale Power Corp (NASDAQ:SMR), reported recent transactions involving the company’s Class A Common Stock. On August 17, 2026, Mr. Hamady sold 20,000 shares, generating a total value of $189,800 at a price of $9.49 per share. The stock currently trades at $8.61, down significantly from the CFO’s sale price and off 76% over the past year.

The sale was executed automatically pursuant to a Rule 10b5-1 trading plan adopted by Mr. Hamady on March 31, 2026.

On the same date, Mr. Hamady also acquired 20,000 shares of Class A Common Stock at a price of $3.20 per share, totaling $64,000. Following these transactions, Mr. Hamady directly owns 97,192 shares of NuScale Power Class A Common Stock. According to InvestingPro analysis, the stock appears undervalued at current levels, with additional insights available for subscribers.

This report serves as an amendment to a Form 4 originally filed on August 19, 2026. The amendment corrects previously reported figures for the acquisition and disposition of Class A Common Stock, as well as the post-transaction beneficial ownership.

In other recent news, NuScale Power reported its second-quarter 2026 earnings, which aligned with Wall Street’s expectations on a per-share basis. However, the company’s revenue experienced a significant decline, dropping to $0.1 million from $8.1 million in the same period last year. Additionally, NuScale Power has initiated a $750 million at-the-market stock offering program, allowing it to sell its Class A common stock over time. This move involves multiple sales agents, including UBS Securities and B. Riley Securities, among others.

UBS recently downgraded NuScale Power from Neutral to Sell, lowering its price target from $10.00 to $6.00. The downgrade was attributed to concerns over the company’s extended construction timeline and the lack of firm customer commitments. B. Riley also adjusted its price target for NuScale Power, reducing it from $19.00 to $15.00, citing an increased share count and a valuation reset across the sector. Despite these challenges, NuScale’s partner, ENTRA1 Energy, is progressing toward a power purchase agreement with the Tennessee Valley Authority.