CW Advisors LLC Purchases New Stake in Energy Fuels Inc $UUUU

Key Points

• CW Advisors LLC has acquired 53,300 shares of Energy Fuels Inc, valued at approximately $214,000, in its first-quarter investment.
• Energy Fuels has seen significant activity from institutional investors, with 48.24% of its stock currently owned by these entities.
• Analyst ratings for Energy Fuels show a mix of opinions, with one strong buy, two buys, and an average target price of $8.19.

CW Advisors LLC purchased a new position in shares of Energy Fuels Inc (NYSEAMERICAN:UUUU - Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 53,300 shares of the company's stock, valued at approximately $214,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in UUUU. Envestnet Asset Management Inc. acquired a new position in Energy Fuels during the 4th quarter worth approximately $64,000. Invesco Ltd. boosted its holdings in shares of Energy Fuels by 13.9% in the 4th quarter. Invesco Ltd. now owns 74,986 shares of the company's stock valued at $385,000 after buying an additional 9,168 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of Energy Fuels in the 4th quarter valued at $280,000. Barclays PLC grew its position in shares of Energy Fuels by 5.1% in the 4th quarter. Barclays PLC now owns 432,976 shares of the company's stock valued at $2,222,000 after buying an additional 20,839 shares during the last quarter. Finally, Mariner LLC raised its stake in Energy Fuels by 27.5% during the 4th quarter. Mariner LLC now owns 14,735 shares of the company's stock worth $76,000 after acquiring an additional 3,179 shares in the last quarter. Institutional investors and hedge funds own 48.24% of the company's stock.

Analyst Ratings Changes

Several equities analysts have issued reports on UUUU shares. 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. B. Riley assumed coverage on Energy Fuels in a report on Wednesday, July 23rd. They issued a "buy" rating and a $9.00 target price for the company. Finally, HC Wainwright restated a "buy" rating and set a $12.00 price target (up previously from $10.00) on shares of Energy Fuels in a research note on Friday, August 8th. One equities research 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 company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Buy" and an average price target of $8.19.

Insider Buying and Selling at Energy Fuels

In other Energy Fuels news, VP Scott Bakken sold 4,629 shares of Energy Fuels stock in a transaction that occurred on Thursday, August 28th. The shares were sold at an average price of $12.00, for a total transaction of $55,548.00. Following the transaction, the vice president directly owned 108,817 shares of the company's stock, valued at $1,305,804. The trade was a 4.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Timothy James Carstens sold 250,000 shares of Energy Fuels 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 transaction, the executive vice president directly owned 267,029 shares in the company, valued at approximately $2,787,782.76. This trade represents a 48.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 765,421 shares of company stock valued at $7,061,271. 1.92% of the stock is currently owned by corporate insiders.

Energy Fuels Price Performance

Shares of UUUU traded down $0.12 during mid-day trading on Friday, hitting $11.56. The company had a trading volume of 14,553,421 shares, compared to its average volume of 14,740,248. The business's 50-day simple moving average is $8.54 and its 200-day simple moving average is $6.01. Energy Fuels Inc has a 1-year low of $3.20 and a 1-year high of $13.34.

Energy Fuels 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.