Dennis Lyle Higgs Sells 15,000 Shares of Energy Fuels (NYSEAMERICAN:UUUU) Stock

Key Points

• Director Dennis Lyle Higgs sold 15,000 shares of Energy Fuels stock at an average price of $9.79, totaling $146,850, reducing his ownership stake by 5.15%.
• Energy Fuels’ stock is currently trading at $8.47, down 17.9%, with a 1-year low of $3.20 and a high of $10.74.
• Institutional investors are increasingly investing in Energy Fuels, with 48.24% of the stock now held by these investors following significant increases in their holdings.

Energy Fuels Inc (NYSEAMERICAN:UUUU - Get Free Report) Director Dennis Lyle Higgs sold 15,000 shares of the stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $9.79, for a total transaction of $146,850.00. Following the transaction, the director owned 276,382 shares in the company, valued at approximately $2,705,779.78. The trade was a 5.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

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

• On Friday, August 15th, Dennis Lyle Higgs sold 15,000 shares of Energy Fuels stock. The stock was sold at an average price of $9.70, for a total transaction of $145,500.00.

Energy Fuels Trading Down 17.9%

Shares of UUUU stock traded down $1.85 during trading hours on Tuesday, hitting $8.47. 33,629,819 shares of the company were exchanged, compared to its average volume of 11,268,136. Energy Fuels Inc has a 1 year low of $3.20 and a 1 year high of $10.74. The firm has a fifty day moving average of $7.71 and a 200 day moving average of $5.72.

Institutional Investors Weigh In On Energy Fuels

Several institutional investors have recently made changes to their positions in the company. Geneos Wealth Management Inc. lifted its holdings in shares of Energy Fuels by 27.7% during the 2nd quarter. Geneos Wealth Management Inc. now owns 59,851 shares of the company's stock valued at $344,000 after buying an additional 13,000 shares during the last quarter. Tower Research Capital LLC TRC lifted its holdings in Energy Fuels by 30.4% in the 2nd quarter. Tower Research Capital LLC TRC now owns 24,005 shares of the company's stock worth $138,000 after purchasing an additional 5,595 shares during the last quarter. Corient Private Wealth LLC lifted its holdings in Energy Fuels by 34.4% in the 2nd quarter. Corient Private Wealth LLC now owns 78,057 shares of the company's stock worth $449,000 after purchasing an additional 20,000 shares during the last quarter. Vident Advisory LLC lifted its holdings in Energy Fuels by 15.6% in the 2nd quarter. Vident Advisory LLC now owns 2,391,055 shares of the company's stock worth $13,749,000 after purchasing an additional 322,195 shares during the last quarter. Finally, Orion Resource Partners LP lifted its holdings in Energy Fuels by 485.7% in the 2nd quarter. Orion Resource Partners LP now owns 152,693 shares of the company's stock worth $878,000 after purchasing an additional 126,621 shares during the last quarter. 48.24% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

UUUU has been the topic of several research reports. Roth Capital lowered shares of Energy Fuels from a "buy" rating to a "neutral" rating and set a $6.00 price target on the stock. in a report on Friday, July 11th. HC Wainwright reissued a "buy" rating and set a $12.00 price target (up previously from $10.00) on shares of Energy Fuels in a research report on Friday, August 8th. Finally, B. Riley initiated coverage on shares of Energy Fuels in a research report on Wednesday, July 23rd. They set a "buy" rating and a $9.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Buy" and an average price target of $8.19.

About Energy Fuels

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.

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