Energy Fuels Inc $UUUU Stock Holdings Lowered by Goldman Sachs Group Inc.

Key Points

• Goldman Sachs Group Inc. has reduced its holdings in Energy Fuels Inc. by 9.4%, now owning 990,414 shares valued at approximately $3.69 million.
• Insider transactions show significant selling, with VP Saleem Drera selling 266,595 shares for about $2.94 million, representing a 91.59% decrease in ownership.
• Analysts have mixed ratings for Energy Fuels, with a consensus target price of $9.25 and differing opinions, including Roth Capital lowering their rating to "neutral".

Goldman Sachs Group Inc. reduced its holdings in Energy Fuels Inc (NYSEAMERICAN:UUUU - Free Report) by 9.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 990,414 shares of the company's stock after selling 102,724 shares during the quarter. Goldman Sachs Group Inc. owned 0.50% of Energy Fuels worth $3,694,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. Geneos Wealth Management Inc. increased its position in shares of Energy Fuels by 25.1% in the first quarter. Geneos Wealth Management Inc. now owns 46,851 shares of the company's stock worth $175,000 after acquiring an additional 9,400 shares in the last quarter. Focus Partners Wealth grew its position in Energy Fuels by 16.0% in the first quarter. Focus Partners Wealth now owns 1,236,449 shares of the company's stock worth $4,612,000 after acquiring an additional 170,699 shares in the last quarter. NewEdge Advisors LLC lifted its stake in shares of Energy Fuels by 67.7% in the first quarter. NewEdge Advisors LLC now owns 57,876 shares of the company's stock worth $216,000 after buying an additional 23,356 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Energy Fuels by 10.8% in the first 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. Finally, AQR Capital Management LLC acquired a new stake in shares of Energy Fuels in the first quarter worth $871,000. 48.24% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Energy Fuels

In related news, VP Saleem Drera sold 266,595 shares of the firm's stock in a transaction on Monday, August 25th. The shares were sold at an average price of $11.01, for a total value of $2,935,210.95. Following the completion of the transaction, the vice president directly owned 24,474 shares of the company's stock, valued at approximately $269,458.74. This trade represents a 91.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Scott Bakken sold 4,629 shares of the firm'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 completion of the transaction, the vice president directly owned 108,817 shares of the company's stock, valued at $1,305,804. This represents a 4.08% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 598,724 shares of company stock valued at $6,487,859 over the last quarter. Insiders own 1.77% of the company's stock.

Energy Fuels Price Performance

Shares of NYSEAMERICAN:UUUU opened at $14.10 on Friday. The company has a market capitalization of $3.13 billion, a price-to-earnings ratio of -28.78 and a beta of 1.76. The firm's 50 day simple moving average is $10.38 and its 200 day simple moving average is $6.71. Energy Fuels Inc has a fifty-two week low of $3.20 and a fifty-two week high of $14.41.

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

Analyst Ratings Changes

UUUU has been the subject of several research analyst reports. Roth Capital cut shares of Energy Fuels from a "buy" rating to a "neutral" rating and set a $6.00 target price for the company. in a research note on Friday, July 11th. B. Riley started coverage on shares of Energy Fuels in a report on Wednesday, July 23rd. They issued a "buy" rating and a $9.00 target price on the stock. Finally, HC Wainwright upped their target price on shares of Energy Fuels from $12.00 to $16.25 and gave the stock a "buy" rating in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, Energy Fuels has an average rating of "Buy" and a consensus price target of $9.25.

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.

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