New Era Energy & Digital (NUAI) 10% Owner C Buys $1.2M of Stock
Kent C Mccarthy purchased a significant stake in New Era Energy & Digital, Inc., reflecting confidence in the company.
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Mccarthy Kent C, 10% Owner at New Era Energy & Digital, Inc. ($NUAI), bought 250,000 shares at an average price of $4.77, worth about $1.19 million, on October 9, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $NUAI is down 33.8% after 1 week and down 33.8% to date (from the $4.70 close on Oct 9, 2026).
NUAI
New Era Energy & Digital, Inc.
Key Points
- On October 9, 2026, Kent C Mccarthy bought 250,000 shares of New Era Energy & Digital, Inc. at $4.77 each, totaling about $1.19 million.
- The stock recently traded around $3.13, down 43.9% from its 50-day moving average of $5.58, indicating a challenging market environment.
- New Era Energy & Digital, Inc. has a market cap of approximately $402.3 million and is set to report earnings on November 12, 2026.
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Kent C Mccarthy, a significant shareholder in New Era Energy & Digital, Inc. (NUAI), bought 250,000 shares on October 9, 2026, for about $1,192,350. This purchase reflects Mccarthy's confidence in the company as a 10% owner. The shares were bought at an average price of $4.77 each.
Inside Mccarthy's Trade
Mccarthy's recent transaction marks a significant investment in New Era Energy & Digital, Inc. The purchase of 250,000 shares increases his stake in the company, underscoring his belief in its potential despite current market challenges.
Other Institutional Activity in New Era Energy & Digital, Inc.
Several institutional investors have also shown interest in New Era Energy & Digital, Inc. Hood River Capital Management LLC holds 8,596,985 shares worth about $26.7 million, while BlackRock Inc. owns 7,207,876 shares valued at approximately $22.4 million. State Street Corporation has 4,179,391 shares worth about $13.0 million. Additionally, Conversant Capital LLC and Vanguard Capital Management LLC have stakes of 3,515,000 shares and 3,299,241 shares, respectively.
New Era Energy & Digital, Inc. Stock Down 8.2%
As of October 16, 2026, New Era Energy & Digital, Inc. shares traded recently around $3.13, which is significantly below its 50-day moving average of $5.58 and its 200-day average of $5.04. The stock is also down about 66.9% from its 52-week high of $9.45, yet it remains 55.7% above its 52-week low of $2.01.
Recent Earnings
New Era Energy & Digital, Inc. reported trailing twelve-month revenue of $900,915 and an earnings per share (EPS) of -$1.02. The company is expected to announce its next earnings on November 12, 2026.
Insider Buying and Selling at New Era Energy & Digital, Inc.
In addition to Mccarthy's purchase, other insiders have sold shares. CEO Byron C. Roth sold 82,492 shares at $9.88 each on December 6, 2024, totaling approximately $815,021. CFO Gordon J. Roth and a beneficial owner also sold shares on the same day, indicating ongoing trading activity among insiders.
Analysts Set New Price Targets
On October 8, 2026, Roth Capital initiated a Buy rating for New Era Energy & Digital, Inc. with a price target of $10.00. Earlier, on September 29, 2026, B. Riley Securities maintained its Buy rating and raised its target to $13.00 from $10.00. The consensus among analysts suggests a strong Buy recommendation, with a mean target price of $11.67 based on three analyst opinions.
About New Era Energy & Digital, Inc.
New Era Energy & Digital, Inc. focuses on developing and operating advanced digital infrastructure and power assets aimed at artificial intelligence hyperscalers. Its flagship project, the Texas Critical Data Centers, is significant in size and scope, highlighting the company's commitment to providing essential services in the tech sector.
Bottom Line
Investors should watch for the upcoming earnings report on November 12, 2026, to gauge the company's performance. Mccarthy's recent purchase could signal confidence amid a challenging market, reflecting his commitment to New Era Energy & Digital, Inc.'s future prospects.
Related Filing Alerts
Source: Mccarthy Kent C's Form 4 filing on $NUAI (Oct 9, 2026). Find the original filing: NUAI Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts