Millennium Management LLC raised its position in shares of Energy Fuels Inc. (NYSEAMERICAN:UUUU - Free Report) by 682.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 155,400 shares of the company's stock after purchasing an additional 135,538 shares during the period. Millennium Management LLC owned 0.08% of Energy Fuels worth $797,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Van ECK Associates Corp raised its stake in shares of Energy Fuels by 104.9% in the 4th quarter. Van ECK Associates Corp now owns 4,838,420 shares of the company's stock valued at $24,823,000 after acquiring an additional 2,477,539 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Energy Fuels by 18.5% in the 4th quarter. Vanguard Group Inc. now owns 7,468,726 shares of the company's stock valued at $38,316,000 after acquiring an additional 1,164,973 shares in the last quarter. Focus Partners Wealth bought a new position in shares of Energy Fuels in the 4th quarter valued at approximately $5,467,000. Summit Financial LLC bought a new position in shares of Energy Fuels in the 4th quarter valued at approximately $4,840,000. Finally, Dimensional Fund Advisors LP bought a new position in shares of Energy Fuels in the 4th quarter valued at approximately $2,708,000. 48.24% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of research analysts recently weighed in on UUUU shares. Roth Mkm raised Energy Fuels from a "neutral" rating to a "buy" rating and set a $5.75 price objective on the stock in a research note on Friday, February 28th. Roth Capital set a $5.75 price target on Energy Fuels in a research report on Friday, February 28th. Finally, HC Wainwright dropped their price target on Energy Fuels from $10.75 to $10.00 and set a "buy" rating on the stock in a research report on Friday, May 9th.
Read Our Latest Stock Report on Energy Fuels
Energy Fuels Price Performance
Shares of UUUU stock opened at $5.47 on Friday. The stock's fifty day simple moving average is $4.55 and its 200 day simple moving average is $5.18. The firm has a market cap of $1.09 billion, a price-to-earnings ratio of -24.86 and a beta of 1.68. Energy Fuels Inc. has a one year low of $3.20 and a one year high of $7.47.
Insider Buying and Selling at Energy Fuels
In other news, VP Daniel Kapostasy sold 12,350 shares of the business's stock in a transaction on Friday, March 14th. The stock was sold at an average price of $4.10, for a total transaction of $50,635.00. Following the completion of the sale, the vice president now owns 57,705 shares in the company, valued at $236,590.50. The trade was a 17.63% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Barbara Appelin Filas sold 10,000 shares of the business's stock in a transaction on Thursday, March 13th. The stock was sold at an average price of $4.15, for a total value of $41,500.00. Following the sale, the director now owns 160,159 shares of the company's stock, valued at approximately $664,659.85. The trade was a 5.88% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 26,750 shares of company stock worth $116,115. 1.92% of the stock is currently owned by insiders.
About Energy Fuels
(
Free Report)
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.
See Also
Want to see what other hedge funds are holding UUUU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Energy Fuels Inc. (NYSEAMERICAN:UUUU - Free Report).
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