Alps Advisors Inc. Grows Stock Holdings in Energy Fuels Inc (NYSEAMERICAN:UUUU)

Alps Advisors Inc. increased its holdings in shares of Energy Fuels Inc (NYSEAMERICAN:UUUU - Free Report) by 29.0% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 15,933,699 shares of the company's stock after acquiring an additional 3,584,798 shares during the period. Energy Fuels makes up about 0.3% of Alps Advisors Inc.'s portfolio, making the stock its 23rd largest holding. Alps Advisors Inc. owned 8.02% of Energy Fuels worth $59,433,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Byrne Asset Management LLC raised its position in shares of Energy Fuels by 114.6% during the 1st quarter. Byrne Asset Management LLC now owns 7,727 shares of the company's stock worth $29,000 after purchasing an additional 4,127 shares during the last quarter. Sterling Capital Management LLC increased its stake in Energy Fuels by 793.4% during the 4th quarter. Sterling Capital Management LLC now owns 5,923 shares of the company's stock worth $30,000 after buying an additional 5,260 shares in the last quarter. Steward Partners Investment Advisory LLC raised its holdings in shares of Energy Fuels by 65.7% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 6,159 shares of the company's stock valued at $32,000 after acquiring an additional 2,442 shares during the last quarter. Lionstone Capital Management LLC purchased a new position in shares of Energy Fuels in the fourth quarter valued at approximately $35,000. Finally, Joel Isaacson & Co. LLC purchased a new stake in shares of Energy Fuels during the first quarter worth approximately $38,000. Hedge funds and other institutional investors own 48.24% of the company's stock.

Wall Street Analyst Weigh In

UUUU has been the subject of several recent research reports. Roth Capital cut Energy Fuels from a "buy" rating to a "neutral" rating and set a $6.00 price target for the company. in a report on Friday. HC Wainwright dropped their target price on Energy Fuels from $10.75 to $10.00 and set a "buy" rating for the company in a report on Friday, May 9th.

Insiders Place Their Bets

In related news, VP Timothy James Carstens sold 210,612 shares of the business's stock in a transaction that occurred on Tuesday, June 10th. The stock was sold at an average price of $5.45, for a total transaction of $1,147,835.40. Following the completion of the sale, the vice president owned 517,029 shares in the company, valued at $2,817,808.05. The trade was a 28.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold 218,597 shares of company stock valued at $1,192,142 in the last 90 days. 1.92% of the stock is owned by company insiders.

Energy Fuels Stock Performance

Shares of NYSEAMERICAN:UUUU traded up $0.09 during trading on Friday, hitting $6.60. The company's stock had a trading volume of 15,666,368 shares, compared to its average volume of 10,639,290. Energy Fuels Inc has a fifty-two week low of $3.20 and a fifty-two week high of $7.47. The business has a 50 day moving average price of $5.35 and a two-hundred day moving average price of $5.02. The company has a market capitalization of $1.31 billion, a PE ratio of -15.35 and a beta of 1.68.

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.