Clough Capital Partners L P Boosts Stock Holdings in Energy Fuels Inc $UUUU

Key Points

• Clough Capital Partners L P increased its stake in Energy Fuels Inc by 60.2% during the first quarter, now holding 132,160 shares valued at approximately $493,000.
• Wall Street analysts generally hold a positive outlook on Energy Fuels, with a consensus rating of "Buy" and target prices ranging from $6.00 to $12.00.
• Insider trading activity has been significant, with recent sales including VP Saleem Drera offloading over 266,595 shares, indicating a 91.59% decrease in his ownership of the stock.

Clough Capital Partners L P grew its position in shares of Energy Fuels Inc (NYSEAMERICAN:UUUU - Free Report) by 60.2% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 132,160 shares of the company's stock after purchasing an additional 49,666 shares during the quarter. Clough Capital Partners L P owned 0.07% of Energy Fuels worth $493,000 as of its most recent filing with the SEC.

A number of other hedge funds have also modified their holdings of UUUU. Alps Advisors Inc. grew its holdings in shares of Energy Fuels by 29.0% during the first quarter. Alps Advisors Inc. now owns 15,933,699 shares of the company's stock valued at $59,433,000 after buying an additional 3,584,798 shares in the last quarter. Focus Partners Wealth acquired a new stake in shares of Energy Fuels in the fourth quarter worth about $5,467,000. MMCAP International Inc. SPC boosted its stake in Energy Fuels by 47.7% during the 1st quarter. MMCAP International Inc. SPC now owns 2,220,525 shares of the company's stock valued at $8,283,000 after purchasing an additional 716,714 shares during the period. Nuveen LLC bought a new stake in Energy Fuels during the 1st quarter valued at approximately $2,233,000. Finally, Dimensional Fund Advisors LP acquired a new position in Energy Fuels in the 4th quarter valued at approximately $2,708,000. 48.24% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Energy Fuels

In other Energy Fuels news, VP Scott Bakken sold 4,629 shares of the business's stock in a transaction 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 sale, the vice president owned 108,817 shares of the company's stock, valued at $1,305,804. The trade was a 4.08% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Saleem Drera sold 266,595 shares of the business's stock in a transaction on Monday, August 25th. The shares were sold at an average price of $11.01, for a total transaction of $2,935,210.95. Following the transaction, the vice president owned 24,474 shares of the company's stock, valued at $269,458.74. This trade represents a 91.59% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 784,336 shares of company stock worth $7,307,244. 1.92% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on UUUU shares. B. Riley started coverage on Energy Fuels in a report on Wednesday, July 23rd. They set a "buy" rating and a $9.00 price target for the company. 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, July 11th. Finally, HC Wainwright reiterated a "buy" rating and issued 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 issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and an average price target of $8.19.

Energy Fuels Trading Down 1.7%

Shares of NYSEAMERICAN:UUUU traded down $0.20 during mid-day trading on Tuesday, reaching $11.36. The company had a trading volume of 9,428,132 shares, compared to its average volume of 10,451,394. The firm has a market cap of $2.52 billion, a price-to-earnings ratio of -23.18 and a beta of 1.76. The company's 50-day moving average price is $8.66 and its 200-day moving average price is $6.06. Energy Fuels Inc has a one year low of $3.20 and a one 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.