Bokf Na Purchases 80,000 Shares of X-Energy, Inc. $XE

Bokf Na acquired a new position in X-Energy, Inc. (NASDAQ:XE) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 80,000 shares of the company’s stock, valued at approximately $1,134,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Segra Capital Management LLC lifted its position in X-Energy by 8.3% during the third quarter. Segra Capital Management LLC now owns 15,678,017 shares of the company’s stock valued at $222,314,000 after buying an additional 1,202,283 shares during the period. Wellington Management Group LLP purchased a new stake in shares of X-Energy in the 2nd quarter worth about $15,011,000. State Street Corp purchased a new stake in shares of X-Energy in the 2nd quarter worth about $8,522,000. BlueCrest Capital Management Ltd bought a new position in shares of X-Energy in the 2nd quarter worth about $7,436,000. Finally, Two Seas Capital LP increased its stake in shares of X-Energy by 39.4% in the 3rd quarter. Two Seas Capital LP now owns 1,394,413 shares of the company’s stock worth $19,773,000 after acquiring an additional 394,413 shares in the last quarter.

X-Energy Stock Performance

NASDAQ XE opened at $10.93 on Friday. X-Energy, Inc. has a 12 month low of $10.04 and a 12 month high of $37.10. The business has a fifty day moving average of $14.74. The stock has a market capitalization of $4.44 billion and a PE ratio of -72.87.

X-Energy (NASDAQ:XE) last posted its quarterly earnings results on Thursday, August 13th. The company reported ($0.15) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.09) by ($0.06). The firm had revenue of $54.60 million during the quarter. X-Energy’s revenue was up 154.0% compared to the same quarter last year. As a group, equities research analysts expect that X-Energy, Inc. will post -0.76 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. Needham & Company LLC assumed coverage on shares of X-Energy in a research report on Monday, October 26th. They set a “hold” rating for the company. UBS Group decreased their target price on shares of X-Energy from $34.00 to $18.00 and set a “buy” rating for the company in a research note on Wednesday, October 21st. Weiss Ratings initiated coverage on shares of X-Energy in a report on Monday, July 20th. They set a “sell (d)” rating for the company. Cantor Fitzgerald reiterated an “overweight” rating and set a $38.00 target price on shares of X-Energy in a report on Friday, August 14th. Finally, Texas Capital raised X-Energy to a “strong-buy” rating in a research report on Monday, September 14th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, X-Energy presently has an average rating of “Hold” and an average target price of $31.25.

About X-Energy

X-energy is an advanced nuclear energy company that develops small modular reactors and nuclear fuel designed to provide reliable, carbon-free electricity and industrial heat. Its flagship Xe-100 reactor is a high-temperature gas-cooled reactor that uses helium as a coolant and is designed for modular deployment.

The company also develops TRISO-X fuel, a coated-particle fuel technology intended to withstand extreme temperatures and support the operation of advanced reactors. X-energy’s products are aimed at utilities, industrial customers, and other organizations seeking dependable power and process heat with lower carbon emissions.

Founded in 2009, X-energy is headquartered in Rockville, Maryland.