Focus Partners Wealth Has $4.61 Million Stake in Energy Fuels Inc $UUUU

Key Points

• Focus Partners Wealth increased its stake in Energy Fuels Inc by 16.0% during Q1, owning 1,236,449 shares valued at approximately $4.61 million.
• Wall Street analysts have mixed ratings for Energy Fuels, with a buy rating from B. Riley and a price target of $9.00, while Roth Capital has downgraded the stock to "neutral" with a $6.00 price target.
• Insider selling has occurred recently, with VP Scott Bakken and VP Saleem Drera significantly reducing their holdings, indicating potential concerns about the company's future.

Focus Partners Wealth lifted its stake in shares of Energy Fuels Inc (NYSEAMERICAN:UUUU - Free Report) by 16.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,236,449 shares of the company's stock after purchasing an additional 170,699 shares during the period. Focus Partners Wealth owned approximately 0.62% of Energy Fuels worth $4,612,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of UUUU. Northern Trust Corp lifted its position in shares of Energy Fuels by 6.1% during the fourth quarter. Northern Trust Corp now owns 1,155,495 shares of the company's stock worth $5,928,000 after purchasing an additional 66,202 shares in the last quarter. Cetera Investment Advisers lifted its position in shares of Energy Fuels by 2.5% during the fourth quarter. Cetera Investment Advisers now owns 107,346 shares of the company's stock worth $552,000 after purchasing an additional 2,640 shares in the last quarter. Deutsche Bank AG lifted its position in shares of Energy Fuels by 53.7% during the fourth quarter. Deutsche Bank AG now owns 165,599 shares of the company's stock worth $850,000 after purchasing an additional 57,883 shares in the last quarter. D. E. Shaw & Co. Inc. lifted its position in shares of Energy Fuels by 124.8% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 117,051 shares of the company's stock worth $601,000 after purchasing an additional 64,985 shares in the last quarter. Finally, Millennium Management LLC lifted its position in shares of Energy Fuels by 682.4% during the fourth quarter. Millennium Management LLC now owns 155,400 shares of the company's stock worth $797,000 after purchasing an additional 135,538 shares in the last quarter. 48.24% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. B. Riley assumed coverage on shares of Energy Fuels in a report on Wednesday, July 23rd. They issued a "buy" rating and a $9.00 price objective on the stock. Roth Capital lowered shares of Energy Fuels from a "buy" rating to a "neutral" rating and set a $6.00 price objective on the stock. in a report on Friday, July 11th. Finally, HC Wainwright restated a "buy" rating and issued a $12.00 price objective (up from $10.00) on shares of Energy Fuels in a report on Friday, August 8th. 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's stock. According to MarketBeat.com, Energy Fuels has an average rating of "Buy" and an average price target of $8.19.

Insider Activity at Energy Fuels

In related news, 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 value of $55,548.00. Following the completion of the transaction, the vice president owned 108,817 shares of the company's stock, valued at approximately $1,305,804. This trade represents a 4.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, 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 transaction 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 position. The disclosure for this sale can be found here. Insiders sold 591,224 shares of company stock worth $6,384,109 over the last three months. 1.92% of the stock is currently owned by insiders.

Energy Fuels Stock Down 4.8%

Shares of UUUU stock opened at $11.93 on Monday. The firm has a fifty day moving average of $9.76 and a 200-day moving average of $6.47. Energy Fuels Inc has a 12-month low of $3.20 and a 12-month high of $13.46. The company has a market capitalization of $2.65 billion, a price-to-earnings ratio of -24.35 and a beta of 1.76.

Energy Fuels (NYSEAMERICAN:UUUU - Get Free Report) last issued its quarterly earnings data on Wednesday, August 6th. The company reported ($0.10) earnings per share (EPS) 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 company had revenue of $4.21 million for the quarter. The firm's quarterly revenue was up –51.7% on a year-over-year basis. On average, equities analysts expect that Energy Fuels Inc will post -0.1 EPS for the current year.

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.

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