Energy Fuels (NYSEAMERICAN:UUUU) Stock Price Down 4.7% - What's Next?

Energy Fuels Inc (NYSEAMERICAN:UUUU - Get Free Report)'s share price was down 4.7% during mid-day trading on Friday . The stock traded as low as $5.62 and last traded at $5.62. Approximately 5,009,974 shares were traded during trading, a decline of 44% from the average daily volume of 8,904,662 shares. The stock had previously closed at $5.90.

Analysts Set New Price Targets

Separately, HC Wainwright cut their price objective on Energy Fuels from $10.75 to $10.00 and set a "buy" rating for the company in a research report on Friday, May 9th.

Energy Fuels Trading Up 3.6%

The stock has a 50-day moving average price of $5.04 and a 200 day moving average price of $5.08.

Insider Transactions at Energy Fuels

In related news, VP Timothy James Carstens sold 210,612 shares of the business's stock in a transaction on Tuesday, June 10th. The shares were sold at an average price of $5.45, for a total value of $1,147,835.40. Following the sale, the vice president directly owned 517,029 shares of the company's stock, valued at approximately $2,817,808.05. The trade was a 28.94% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Over the last three months, insiders sold 218,597 shares of company stock worth $1,192,142. 1.92% of the stock is currently owned by corporate insiders.

Institutional Trading of Energy Fuels

Hedge funds and other institutional investors have recently modified their holdings of the company. Geneos Wealth Management Inc. grew its holdings in shares of Energy Fuels by 25.1% during the first quarter. Geneos Wealth Management Inc. now owns 46,851 shares of the company's stock worth $175,000 after buying an additional 9,400 shares in the last quarter. Focus Partners Wealth boosted its position in Energy Fuels by 16.0% during the 1st quarter. Focus Partners Wealth now owns 1,236,449 shares of the company's stock worth $4,612,000 after acquiring an additional 170,699 shares during the last quarter. NewEdge Advisors LLC grew its stake in shares of Energy Fuels by 67.7% during the 1st quarter. NewEdge Advisors LLC now owns 57,876 shares of the company's stock worth $216,000 after acquiring an additional 23,356 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Energy Fuels by 10.8% in the first 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 during the last quarter. Finally, AQR Capital Management LLC acquired a new stake in shares of Energy Fuels in the first quarter valued at approximately $871,000. 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.