Energy Fuels Inc (NYSEAMERICAN:UUUU) EVP Sells $2,610,000.00 in Stock

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 company's stock in a transaction 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 sale, the executive vice president directly owned 267,029 shares in the company, valued at approximately $2,787,782.76. The trade was a 48.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed 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 Stock Performance

Shares of UUUU traded up $0.28 during mid-day trading on Thursday, hitting $9.79. 10,790,726 shares of the company were exchanged, compared to its average volume of 12,884,766. Energy Fuels Inc has a 1-year low of $3.20 and a 1-year high of $10.74. The company has a 50 day moving average of $7.47 and a 200-day moving average of $5.63. The stock has a market cap of $2.18 billion, a price-to-earnings ratio of -19.98 and a beta of 1.71.

Institutional Trading of Energy Fuels

Several hedge funds have recently made changes to their positions in UUUU. LPL Financial LLC grew its stake in shares of Energy Fuels by 21.7% in the 4th quarter. LPL Financial LLC now owns 64,539 shares of the company's stock valued at $331,000 after buying an additional 11,508 shares during the period. Vanguard Group Inc. grew its stake in shares of Energy Fuels by 18.5% in the 4th quarter. Vanguard Group Inc. now owns 7,468,726 shares of the company's stock valued at $38,316,000 after buying an additional 1,164,973 shares during the period. JPMorgan Chase & Co. grew its stake in shares of Energy Fuels by 27.9% in the 4th quarter. JPMorgan Chase & Co. now owns 285,371 shares of the company's stock valued at $1,464,000 after buying an additional 62,310 shares during the period. Wellington Management Group LLP purchased a new stake in shares of Energy Fuels in the 4th quarter valued at approximately $81,000. Finally, Geode Capital Management LLC grew its stake in shares of Energy Fuels by 0.5% in the 4th quarter. Geode Capital Management LLC now owns 2,330,189 shares of the company's stock valued at $11,960,000 after buying an additional 11,667 shares during the period. Hedge funds and other institutional investors own 48.24% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on UUUU. Roth Capital downgraded shares of Energy Fuels from a "buy" rating to a "neutral" rating and set a $6.00 price objective for the company. in a research report on Friday, July 11th. HC Wainwright reiterated a "buy" rating and issued a $12.00 price objective (up previously from $10.00) on shares of Energy Fuels in a research report on Friday, August 8th. Finally, B. Riley began coverage on shares of Energy Fuels in a research report on Wednesday, July 23rd. They issued a "buy" rating and a $9.00 price objective for the company.

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.