Insider Selling: Energy Fuels (NYSEAMERICAN:UUUU) Director Sells 20,000 Shares of Stock

Key Points

• Dennis Lyle Higgs, a director at Energy Fuels, sold a total of **37,500 shares** on multiple occasions in August, resulting in sales worth around **$412,800**.
• Energy Fuels stock recently declined by **1.7%**, closing at **$11.36**, with a trading volume of over **9 million shares**.
• Brokerages have mixed ratings on Energy Fuels, with HC Wainwright maintaining a “buy” rating and increasing the price target from **$10.00 to $12.00**.

Energy Fuels Inc (NYSEAMERICAN:UUUU - Get Free Report) Director Dennis Lyle Higgs sold 20,000 shares of the stock in a transaction on Thursday, August 28th. The shares were sold at an average price of $11.79, for a total value of $235,800.00. Following the completion of the sale, the director owned 256,381 shares in the company, valued at approximately $3,022,731.99. This trade represents a 7.24% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

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

• 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 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 transaction 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 transaction of $145,500.00.

Energy Fuels Trading Up 2.9%

UUUU stock traded up $0.33 during mid-day trading on Friday, hitting $11.56. 8,069,858 shares of the company were exchanged, compared to its average volume of 13,896,962. The business has a 50 day simple moving average of $9.12 and a 200-day simple moving average of $6.22. The stock has a market capitalization of $2.57 billion, a PE ratio of -23.59 and a beta of 1.76. Energy Fuels Inc has a 1-year low of $3.20 and a 1-year high of $13.34.

Energy Fuels (NYSEAMERICAN:UUUU - Get Free Report) last issued 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 company had revenue of $4.21 million for the quarter. Energy Fuels had a negative return on equity of 17.41% and a negative net margin of 143.05%.Energy Fuels's quarterly revenue was up –51.7% compared to the same quarter last year. Equities research analysts expect that Energy Fuels Inc will post -0.1 earnings per share for the current year.

Institutional Trading of Energy Fuels

Hedge funds have recently bought and sold shares of the stock. Byrne Asset Management LLC increased its holdings in shares of Energy Fuels by 114.6% in the 1st quarter. Byrne Asset Management LLC now owns 7,727 shares of the company's stock worth $29,000 after buying an additional 4,127 shares during the last quarter. Lionstone Capital Management LLC bought a new position in Energy Fuels in the fourth quarter worth about $35,000. SBI Securities Co. Ltd. boosted its stake in Energy Fuels by 27.5% in the second quarter. SBI Securities Co. Ltd. now owns 6,238 shares of the company's stock valued at $36,000 after acquiring an additional 1,344 shares in the last quarter. Adams Wealth Management acquired a new stake in Energy Fuels in the first quarter valued at approximately $37,000. Finally, CacheTech Inc. purchased a new stake in shares of Energy Fuels during the first quarter valued at $37,000. Hedge funds and other institutional investors own 48.24% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on UUUU shares. B. Riley started coverage on shares of Energy Fuels in a research report on Wednesday, July 23rd. They set a "buy" rating and a $9.00 price objective 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 report on Friday, July 11th. Finally, HC Wainwright restated a "buy" rating and set a $12.00 price objective (up from $10.00) on shares of Energy Fuels in a research report on Friday, August 8th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus target price 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.