Energy Fuels Inc (NYSEAMERICAN:UUUU) EVP Timothy James Carstens Sells 250,000 Shares

Key Points

• Energy Fuels Inc EVP Timothy James Carstens sold 250,000 shares of stock on August 8th for a total value of $2.61 million, reducing his ownership in the company by 48.35%.
• The company's shares traded at $9.61 recently, with a market capitalization of $2.14 billion, and a one-year price range between $3.20 and $10.74.
• HC Wainwright maintained a buy rating with a price target increase to $12.00, while Roth Capital downgraded their rating to neutral with a price target of $6.00.

Energy Fuels Inc (NYSEAMERICAN:UUUU - Get Free Report) EVP Timothy James Carstens sold 250,000 shares of the stock in a transaction that occurred on Friday, August 8th. The shares were sold at an average price of $10.44, for a total transaction of $2,610,000.00. Following the completion of the transaction, the executive vice president directly owned 267,029 shares of the company's stock, valued at $2,787,782.76. The trade was a 48.35% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Timothy James Carstens also recently made the following trade(s):

• On Tuesday, June 10th, Timothy James Carstens sold 210,612 shares of Energy Fuels stock. The stock was sold at an average price of $5.45, for a total transaction of $1,147,835.40.

Energy Fuels Price Performance

Shares of Energy Fuels stock remained flat at $9.79 during trading hours on Friday. The stock had a trading volume of 7,926,776 shares, compared to its average volume of 11,977,456. Energy Fuels Inc has a twelve month low of $3.20 and a twelve month high of $10.74. The firm has a 50-day simple moving average of $7.55 and a 200-day simple moving average of $5.66. The firm has a market capitalization of $2.18 billion, a PE ratio of -19.98 and a beta of 1.71.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the stock. HC Wainwright reissued a "buy" rating and issued a $12.00 price target (up previously from $10.00) on shares of Energy Fuels in a research note on Friday, August 8th. B. Riley began 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 on the stock. Finally, Roth Capital cut shares of Energy Fuels from a "buy" rating to a "neutral" rating and set a $6.00 price target on the stock. in a research report on Friday, July 11th.

Institutional Investors Weigh In On Energy Fuels

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Kingstone Capital Partners Texas LLC purchased a new stake in Energy Fuels during the 2nd quarter worth about $29,525,000. Alps Advisors Inc. lifted its stake in shares of Energy Fuels by 29.0% in the 1st quarter. Alps Advisors Inc. now owns 15,933,699 shares of the company's stock valued at $59,433,000 after purchasing an additional 3,584,798 shares in the last quarter. Bank of America Corp DE lifted its stake in shares of Energy Fuels by 93.6% in the 2nd quarter. Bank of America Corp DE now owns 4,366,108 shares of the company's stock valued at $25,105,000 after purchasing an additional 2,111,466 shares in the last quarter. BNP Paribas Financial Markets lifted its stake in shares of Energy Fuels by 530.6% in the 2nd quarter. BNP Paribas Financial Markets now owns 2,068,155 shares of the company's stock valued at $11,892,000 after purchasing an additional 1,740,183 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Energy Fuels by 10.8% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,670,863 shares of the company's stock valued at $46,927,000 after purchasing an additional 1,231,484 shares in the last quarter. 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.