Insider Buying: New Era Energy & Digital (NASDAQ:NUAI) Major Shareholder Buys $1,192,500.00 in Stock

Posted by Brian Himes on Oct 17th, 2026

New Era Energy & Digital Inc (NASDAQ:NUAI – Get Free Report) major shareholder Kent Mccarthy purchased 250,000 shares of the company’s stock in a transaction dated Friday, October 9th. The shares were bought at an average price of $4.77 per share, for a total transaction of $1,192,500.00. Following the completion of the transaction, the insider directly owned 9,550,000 shares in the company, valued at approximately $45,553,500. This trade represents a 2.69% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

New Era Energy & Digital Stock Performance

Shares of NASDAQ NUAI opened at $3.11 on Friday. New Era Energy & Digital Inc has a 12-month low of $2.01 and a 12-month high of $9.44. The company has a debt-to-equity ratio of 0.11, a current ratio of 14.21 and a quick ratio of 14.21. The stock’s 50 day simple moving average is $5.51 and its 200 day simple moving average is $5.07.

New Era Energy & Digital (NASDAQ:NUAI – Get Free Report) last released its quarterly earnings data on Friday, August 14th. The company reported ($0.21) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.12). The company had revenue of $0.04 million for the quarter. New Era Energy & Digital had a negative net margin of 4,388.71% and a negative return on equity of 121.41%. Research analysts expect that New Era Energy & Digital Inc will post -0.58 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on NUAI shares. Wall Street Zen cut New Era Energy & Digital from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 1st. Roth Capital began coverage on shares of New Era Energy & Digital in a research report on Wednesday, October 7th. They set a “buy” rating and a $10.00 price target for the company. Weiss Ratings raised shares of New Era Energy & Digital from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, August 14th. New Street Research set a $10.00 price objective on shares of New Era Energy & Digital in a report on Tuesday, July 7th. Finally, B. Riley Financial lifted their price objective on shares of New Era Energy & Digital from $10.00 to $13.00 and gave the company a “buy” rating in a research report on Tuesday, September 29th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, New Era Energy & Digital currently has a consensus rating of “Moderate Buy” and an average price target of $11.25.

Get Our Latest Analysis on NUAI

Institutional Investors Weigh In On New Era Energy & Digital

Hedge funds and other institutional investors have recently modified their holdings of the stock. Quantbot Technologies LP acquired a new stake in New Era Energy & Digital in the second quarter worth about $36,000. Legal & General Group Plc bought a new position in New Era Energy & Digital in the 2nd quarter valued at about $50,000. State of Wyoming bought a new position in New Era Energy & Digital in the 2nd quarter valued at about $51,000. Integrated Wealth Concepts LLC acquired a new position in New Era Energy & Digital during the 2nd quarter valued at about $64,000. Finally, Cetera Investment Advisers acquired a new position in New Era Energy & Digital during the 1st quarter valued at about $70,000. 21.90% of the stock is currently owned by institutional investors.