Baader Bank Aktiengesellschaft Takes $236,000 Position in Energy Fuels Inc $UUUU

Key Points

• Baader Bank Aktiengesellschaft has invested approximately $236,000 in Energy Fuels Inc, acquiring 40,977 shares of the company during the second quarter.
• Energy Fuels has recently seen notable price target adjustments from various brokerages, with HC Wainwright raising theirs from $12.00 to $16.25 and B. Riley initiating a buy rating with a $9.00 price target.
• Despite the positive institutional interest, Energy Fuels reported a net loss of ($0.10) earnings per share in its last quarterly earnings, missing analyst expectations.

Baader Bank Aktiengesellschaft bought a new position in shares of Energy Fuels Inc (NYSEAMERICAN:UUUU - Free Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 40,977 shares of the company's stock, valued at approximately $236,000.

A number of other large investors have also recently modified their holdings of the business. Alps Advisors Inc. boosted its holdings in shares of Energy Fuels by 29.0% during the 1st quarter. Alps Advisors Inc. now owns 15,933,699 shares of the company's stock valued at $59,433,000 after acquiring an additional 3,584,798 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Energy Fuels by 10.8% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,670,863 shares of the company's stock worth $46,927,000 after buying an additional 1,231,484 shares during the last quarter. MMCAP International Inc. SPC boosted its stake in shares of Energy Fuels by 47.7% in the 1st quarter. MMCAP International Inc. SPC now owns 2,220,525 shares of the company's stock worth $8,283,000 after buying an additional 716,714 shares during the last quarter. Nuveen LLC bought a new stake in shares of Energy Fuels in the 1st quarter worth approximately $2,233,000. Finally, Cubist Systematic Strategies LLC bought a new position in shares of Energy Fuels in the first quarter worth $1,747,000. Institutional investors and hedge funds own 48.24% of the company's stock.

Energy Fuels Stock Up 4.3%

NYSEAMERICAN:UUUU traded up $0.67 on Tuesday, hitting $16.24. The stock had a trading volume of 3,878,551 shares, compared to its average volume of 10,596,817. The company has a fifty day moving average price of $10.72 and a two-hundred day moving average price of $6.86. The stock has a market cap of $3.61 billion, a price-to-earnings ratio of -33.14 and a beta of 1.76. Energy Fuels Inc has a 1-year low of $3.20 and a 1-year high of $16.31.

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

Insider Activity at Energy Fuels

In other news, EVP Timothy James Carstens sold 250,000 shares of the stock in a transaction dated Friday, August 8th. The shares were sold at an average price of $10.44, for a total value of $2,610,000.00. Following the completion of the transaction, the executive vice president owned 267,029 shares in the company, valued at $2,787,782.76. This trade represents a 48.35% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Dennis Lyle Higgs sold 20,000 shares of the stock in a transaction dated Thursday, August 28th. The shares were sold at an average price of $11.79, for a total transaction of $235,800.00. Following the completion of the transaction, the director owned 256,381 shares of the company's stock, valued at $3,022,731.99. This represents a 7.24% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 618,724 shares of company stock worth $6,782,959. 1.92% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. B. Riley assumed coverage on shares of Energy Fuels in a report on Wednesday, July 23rd. They set 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 target for the company. in a research note on Friday, July 11th. Finally, HC Wainwright increased their price target on shares of Energy Fuels from $12.00 to $16.25 and gave the stock a "buy" rating in a research note on Wednesday, September 17th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus target price of $9.25.

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.