Energy Fuels (NYSEAMERICAN:UUUU) Director Dennis Lyle Higgs Sells 7,500 Shares

Key Points

• Dennis Lyle Higgs, Director at Energy Fuels, sold 7,500 shares of company stock on September 10th for a total of $98,400, reducing his ownership by 2.95% to 246,381 shares.
• Energy Fuels reported a loss of $0.10 EPS for its last quarter, missing analysts’ expectations, with revenue down by 51.7% compared to the previous year.
• Several hedge funds have increased their stakes in Energy Fuels, including Kingstone Capital Partners, which acquired a position valued at approximately $29.5 million.

Energy Fuels Inc (NYSEAMERICAN:UUUU - Get Free Report) Director Dennis Lyle Higgs sold 7,500 shares of the firm's stock in a transaction on Wednesday, September 10th. The shares were sold at an average price of $13.12, for a total transaction of $98,400.00. Following the completion of the sale, the director owned 246,381 shares in the company, valued at $3,232,518.72. The trade was a 2.95% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

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

• On Thursday, September 11th, Dennis Lyle Higgs sold 10,000 shares of Energy Fuels stock. The stock was sold at an average price of $12.63, for a total transaction of $126,300.00.
• On Friday, August 29th, Dennis Lyle Higgs sold 2,500 shares of Energy Fuels stock. The shares were 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 stock was sold at an average price of $9.79, for a total value of $146,850.00.
• 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 value of $145,500.00.

Energy Fuels Trading Down 0.8%

Shares of UUUU traded down $0.10 during mid-day trading on Thursday, reaching $12.53. The company's stock had a trading volume of 7,344,570 shares, compared to its average volume of 14,569,246. Energy Fuels Inc has a 12-month low of $3.20 and a 12-month high of $13.46. The company's 50 day moving average is $9.64 and its 200 day moving average is $6.42.

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

Hedge Funds Weigh In On Energy Fuels

A number of hedge funds and other institutional investors have recently made changes to their positions in UUUU. Kingstone Capital Partners Texas LLC acquired a new position in Energy Fuels in the 2nd quarter valued at about $29,525,000. Alps Advisors Inc. grew 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 during the last quarter. Bank of America Corp DE raised its stake in shares of Energy Fuels by 93.6% during the second quarter. Bank of America Corp DE now owns 4,366,108 shares of the company's stock worth $25,105,000 after purchasing an additional 2,111,466 shares during the last quarter. BNP Paribas Financial Markets raised its stake in shares of Energy Fuels by 530.6% during the second quarter. BNP Paribas Financial Markets now owns 2,068,155 shares of the company's stock worth $11,892,000 after purchasing an additional 1,740,183 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Energy Fuels by 10.8% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,670,863 shares of the company's stock worth $46,927,000 after purchasing an additional 1,231,484 shares during the period. Hedge funds and other institutional investors own 48.24% of the company's stock.

Analyst Ratings Changes

UUUU has been the subject of several research analyst reports. B. Riley initiated coverage on shares of Energy Fuels in a report on Wednesday, July 23rd. They issued a "buy" rating and a $9.00 target price for the company. 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 note on Friday, July 11th. Finally, HC Wainwright reaffirmed a "buy" rating and set a $12.00 price objective (up previously from $10.00) on shares of Energy Fuels in a report on Friday, August 8th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Buy" and a consensus price target of $8.19.

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.

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