Uranium Energy Corp. (NYSEAMERICAN:UEC) Shares Sold by GTS Securities LLC

GTS Securities LLC decreased its holdings in Uranium Energy Corp. (NYSEAMERICAN:UEC - Free Report) by 95.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 20,672 shares of the basic materials company's stock after selling 487,005 shares during the quarter. GTS Securities LLC's holdings in Uranium Energy were worth $138,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Harbour Investments Inc. increased its stake in Uranium Energy by 947.4% during the 4th quarter. Harbour Investments Inc. now owns 3,886 shares of the basic materials company's stock worth $26,000 after buying an additional 3,515 shares in the last quarter. Generali Investments Management Co LLC purchased a new stake in Uranium Energy during the 4th quarter worth approximately $30,000. Altshuler Shaham Ltd purchased a new stake in Uranium Energy during the 4th quarter worth approximately $67,000. Summit X LLC purchased a new stake in shares of Uranium Energy in the fourth quarter valued at approximately $69,000. Finally, SLT Holdings LLC purchased a new stake in shares of Uranium Energy in the fourth quarter valued at approximately $70,000. Institutional investors and hedge funds own 62.28% of the company's stock.

Uranium Energy Trading Down 3.3%

Shares of NYSEAMERICAN UEC traded down $0.21 during midday trading on Wednesday, reaching $6.15. 11,495,167 shares of the company were exchanged, compared to its average volume of 8,562,724. Uranium Energy Corp. has a 1 year low of $3.85 and a 1 year high of $8.93. The stock has a fifty day simple moving average of $5.22 and a 200 day simple moving average of $6.45. The stock has a market cap of $2.60 billion, a P/E ratio of -51.25 and a beta of 1.88.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the company. National Bankshares set a $10.00 price objective on Uranium Energy and gave the stock an "outperform" rating in a research report on Wednesday, February 12th. Stifel Nicolaus set a $10.50 price target on Uranium Energy in a research note on Wednesday, March 12th. HC Wainwright restated a "buy" rating and set a $12.25 price target on shares of Uranium Energy in a research note on Thursday, March 13th. National Bank Financial started coverage on Uranium Energy in a research note on Wednesday, February 12th. They issued an "outperform" rating and a $10.00 price objective on the stock. Finally, Stifel Canada upgraded Uranium Energy to a "strong-buy" rating in a research note on Tuesday, March 11th. Five analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Buy" and a consensus price target of $10.13.

Uranium Energy Company Profile

Uranium Energy Corp., together with its subsidiaries, engages in exploration, pre-extraction, extraction, and processing uranium and titanium concentrates in the United States, Canada, and Paraguay. It owns interests in the Palangana mine, Goliad, Burke Hollow, Longhorn, and Salvo projects located in Texas; Anderson, Workman Creek, and Los Cuatros projects situated in Arizona; Dalton Pass and C de Baca project located in New Mexico; Roughrider, Shea Creek, Christie Lake, Horseshoe-Raven, Hidden Bay, Diabase, West Bear, JCU, and other project located in Canada; and Yuty, Oviedo, and Alto Paraná titanium projects in Paraguay.