Dynamic Advisor Solutions LLC Has $1.52 Million Holdings in USA Rare Earth Inc. $USAR

Key Points

• Dynamic Advisor Solutions LLC cut its USA Rare Earth stake by 28.3% in the second quarter, selling 27,945 shares and retaining 70,639 shares valued at approximately $1.52 million.
• Analyst sentiment remains broadly positive: nine analysts rate USAR a Buy and one rates it a Sell, producing a consensus “Moderate Buy” rating and an average price target of $35.83.
• USAR shares opened at $19.33, well below their 52-week high of $43.98. The development-stage company reported a quarterly loss of $0.12 per share on $5.7 million in revenue, while an insider recently sold 13,000 shares.

Dynamic Advisor Solutions LLC lessened its holdings in USA Rare Earth Inc. (NASDAQ:USAR - Free Report) by 28.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 70,639 shares of the company's stock after selling 27,945 shares during the quarter. Dynamic Advisor Solutions LLC's holdings in USA Rare Earth were worth $1,524,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in USAR. Weiss Asset Management LP bought a new stake in USA Rare Earth during the 1st quarter worth about $17,103,000. Jennison Associates LLC bought a new position in shares of USA Rare Earth in the 4th quarter valued at about $1,586,000. Encompass Capital Advisors LLC bought a new position in shares of USA Rare Earth in the 1st quarter valued at about $7,038,000. JPMorgan Chase & Co. acquired a new stake in shares of USA Rare Earth in the third quarter valued at about $734,000. Finally, Swiss National Bank increased its position in shares of USA Rare Earth by 67.6% in the first quarter. Swiss National Bank now owns 150,500 shares of the company's stock valued at $2,278,000 after acquiring an additional 60,700 shares during the last quarter.

Insider Activity

In other news, Director Carolyn Trabuco sold 13,000 shares of USA Rare Earth stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $22.77, for a total transaction of $296,010.00. Following the completion of the transaction, the director directly owned 18,783 shares in the company, valued at approximately $427,688.91. The trade was a 40.90% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 9.10% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research analysts recently commented on USAR shares. Wedbush increased their price target on USA Rare Earth from $29.00 to $35.00 and gave the company an "outperform" rating in a research report on Tuesday, May 12th. Benchmark reiterated a "buy" rating on shares of USA Rare Earth in a research note on Wednesday, June 3rd. Needham & Company LLC cut their price objective on USA Rare Earth from $39.00 to $33.00 and set a "buy" rating for the company in a report on Wednesday, July 22nd. Canaccord Genuity Group raised their target price on shares of USA Rare Earth from $29.00 to $32.00 and gave the company a "buy" rating in a research note on Tuesday, April 21st. Finally, Roth Capital lowered their target price on shares of USA Rare Earth from $40.00 to $30.00 and set a "buy" rating on the stock in a report on Tuesday, July 21st. Nine research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $35.83.

USA Rare Earth Stock Performance

Shares of USAR stock opened at $19.33 on Friday. USA Rare Earth Inc. has a 52-week low of $11.45 and a 52-week high of $43.98. The stock has a market cap of $4.31 billion, a price-to-earnings ratio of -4.93 and a beta of 2.55. The firm's 50-day moving average is $19.71 and its 200-day moving average is $20.51.

USA Rare Earth (NASDAQ:USAR - Get Free Report) last posted its quarterly earnings results on Wednesday, May 13th. The company reported ($0.12) EPS for the quarter, topping analysts' consensus estimates of ($0.16) by $0.04. The business had revenue of $5.70 million for the quarter. Sell-side analysts predict that USA Rare Earth Inc. will post -0.35 EPS for the current fiscal year.

USA Rare Earth Profile

USA Rare Earth NASDAQ: USAR is a development-stage critical minerals company focused on advancing a fully integrated rare earth element (REE) and lithium project in the United States. Its flagship asset is the Round Top deposit in West Texas, a large, polymetallic concentration of light and heavy rare earth elements, lithium and other co-products. The company seeks to move this asset through resource delineation, pilot-scale processing and eventual commercial production to address growing domestic demand for secure REE supply chains.

In addition to exploration, USA Rare Earth is engineering an on-site separation facility that will utilize dry magnetic separation and hydrometallurgical flowsheets to produce mixed rare earth carbonates.

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