Dennis Lyle Higgs Sells 10,000 Shares of Energy Fuels (NYSEAMERICAN:UUUU) Stock

Key Points

• Dennis Lyle Higgs, a director at Energy Fuels, sold 10,000 shares at an average price of $12.63 on September 11th, resulting in a total transaction of $126,300.
• After the sale, Higgs's ownership decreased by 4.06% and he now holds approximately 236,381 shares valued at about $2.99 million.
• Energy Fuels reported a loss of ($0.10) earnings per share for the last quarter, missing the consensus estimate by ($0.06), and the firm experienced a 51.7% decline in revenue compared to the same quarter last year.

Energy Fuels Inc (NYSEAMERICAN:UUUU - Get Free Report) Director Dennis Lyle Higgs sold 10,000 shares of the business's stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $12.63, for a total transaction of $126,300.00. Following the completion of the sale, the director directly owned 236,381 shares of the company's stock, valued at approximately $2,985,492.03. This trade represents a 4.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Dennis Lyle Higgs also recently made the following trade(s):

• On Wednesday, September 10th, Dennis Lyle Higgs sold 7,500 shares of Energy Fuels stock. The shares were sold at an average price of $13.12, for a total value of $98,400.00.
• On Friday, August 29th, Dennis Lyle Higgs sold 2,500 shares of Energy Fuels stock. The stock was sold at an average price of $12.20, for a total value of $30,500.00.
• On Thursday, August 28th, Dennis Lyle Higgs sold 20,000 shares of Energy Fuels stock. The shares were sold at an average price of $11.79, for a total value of $235,800.00.
• On Monday, August 18th, Dennis Lyle Higgs sold 15,000 shares of Energy Fuels stock. The shares were sold at an average price of $9.79, for a total transaction of $146,850.00.
• On Friday, August 15th, Dennis Lyle Higgs sold 15,000 shares of Energy Fuels stock. The shares were sold at an average price of $9.70, for a total transaction of $145,500.00.

Energy Fuels Price Performance

Shares of UUUU stock traded down $0.10 during trading hours on Thursday, reaching $12.53. 7,344,570 shares of the company's stock were exchanged, compared to its average volume of 14,569,246. The stock's fifty day moving average price is $9.64 and its two-hundred day moving average price is $6.42. Energy Fuels Inc has a 1 year low of $3.20 and a 1 year high of $13.46.

Energy Fuels (NYSEAMERICAN:UUUU - Get Free Report) last announced its quarterly earnings data on Wednesday, August 6th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by ($0.06). The firm had revenue of $4.21 million during the quarter. Energy Fuels had a negative return on equity of 17.41% and a negative net margin of 143.05%.Energy Fuels's revenue was up –51.7% compared to the same quarter last year. As a group, equities analysts forecast that Energy Fuels Inc will post -0.1 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the company. HC Wainwright restated a "buy" rating and set a $12.00 target price (up from $10.00) on shares of Energy Fuels in a research report on Friday, August 8th. Roth Capital lowered Energy Fuels from a "buy" rating to a "neutral" rating and set a $6.00 price objective on the stock. in a report on Friday, July 11th. Finally, B. Riley assumed coverage on Energy Fuels in a research note on Wednesday, July 23rd. They set a "buy" rating and a $9.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Buy" and an average price target of $8.19.

Institutional Trading of Energy Fuels

A number of large investors have recently made changes to their positions in the stock. Byrne Asset Management LLC boosted its stake in shares of Energy Fuels by 114.6% during the 1st quarter. Byrne Asset Management LLC now owns 7,727 shares of the company's stock worth $29,000 after purchasing an additional 4,127 shares during the last quarter. SBI Securities Co. Ltd. lifted its holdings in shares of Energy Fuels by 27.5% during the 2nd quarter. SBI Securities Co. Ltd. now owns 6,238 shares of the company's stock worth $36,000 after acquiring an additional 1,344 shares during the period. Adams Wealth Management acquired a new stake in shares of Energy Fuels during the 1st quarter worth $37,000. CacheTech Inc. acquired a new position in Energy Fuels in the first quarter valued at $37,000. Finally, Joel Isaacson & Co. LLC purchased a new stake in Energy Fuels during the first quarter valued at about $38,000. Institutional investors and hedge funds own 48.24% of the company's stock.

Energy Fuels Company Profile

Energy Fuels Inc, together with its subsidiaries, engages in the extraction, recovery, recycling, exploration, permitting, evaluation, and sale of uranium mineral properties in the United States. The company produces and sells vanadium pentoxide, rare earth elements, and heavy mineral sands, such as ilmenite, rutile, zircon, and monazite.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.