Chicago Partners Investment Group LLC raised its stake in NexGen Energy (NYSE:NXE – Free Report) by 37.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 245,386 shares of the company’s stock after purchasing an additional 66,981 shares during the quarter. Chicago Partners Investment Group LLC’s holdings in NexGen Energy were worth $2,846,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently modified their holdings of NXE. Leonteq Securities AG grew its stake in shares of NexGen Energy by 88.2% in the first quarter. Leonteq Securities AG now owns 2,343 shares of the company’s stock valued at $28,000 after buying an additional 1,098 shares in the last quarter. Tcfg Wealth Management LLC acquired a new position in NexGen Energy during the 1st quarter worth approximately $116,000. Pictet Asset Management Holding SA lifted its position in NexGen Energy by 16.4% during the 1st quarter. Pictet Asset Management Holding SA now owns 128,751 shares of the company’s stock worth $1,489,000 after acquiring an additional 18,128 shares in the last quarter. Banque Cantonale Vaudoise boosted its holdings in NexGen Energy by 8.0% in the 1st quarter. Banque Cantonale Vaudoise now owns 229,669 shares of the company’s stock worth $2,656,000 after acquiring an additional 17,100 shares during the period. Finally, Connective Portfolio Management LLC purchased a new position in NexGen Energy in the 1st quarter worth approximately $1,076,000. Institutional investors and hedge funds own 42.43% of the company’s stock.
NexGen Energy Stock Down 6.7%
Shares of NexGen Energy stock opened at $9.03 on Tuesday. The firm has a market cap of $6.04 billion, a P/E ratio of -18.42 and a beta of 1.39. NexGen Energy has a fifty-two week low of $6.26 and a fifty-two week high of $13.96. The business has a 50-day moving average price of $10.64 and a 200 day moving average price of $11.36.
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NexGen Energy Profile
NexGen Energy is a Canada-based uranium exploration and development company focused on advancing its flagship Rook I project in the Athabasca Basin of northern Saskatchewan. The company’s primary activities include resource delineation, feasibility studies, and permitting for its high-grade Arrow deposit, one of the largest undeveloped uranium discoveries in the region. NexGen’s technical team employs advanced drilling, geophysical and geochemical techniques to expand and define its resource base, with the aim of delivering a robust, low-cost supply of uranium to global nuclear power markets.
The Rook I project sits within one of the world’s most prolific uranium districts, offering excellent infrastructure access, a skilled local workforce and a supportive regulatory regime.
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