Intech Investment Management LLC Sells 108,637 Shares of Uranium Energy Corp. $UEC

Key Points

• Intech Investment Management trimmed its stake in Uranium Energy by 43.7%, selling 108,637 shares in Q3 and now holds 139,762 shares worth about $1.86 million.
• Analyst sentiment is broadly positive with a MarketBeat consensus of "Moderate Buy" and an average target of $15.66, including notable targets of $18 (Goldman Sachs) and $16 (Roth MKM).
• Uranium Energy, which produces uranium via in‑situ recovery (primary asset: Hobson ISR), opened at $15.04 (up ~3.3%) with a market cap of $7.27 billion and a 52‑week range of $3.85–$20.34.

Intech Investment Management LLC trimmed its position in shares of Uranium Energy Corp. (NYSEAMERICAN:UEC - Free Report) by 43.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 139,762 shares of the basic materials company's stock after selling 108,637 shares during the quarter. Intech Investment Management LLC's holdings in Uranium Energy were worth $1,864,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Ameritas Advisory Services LLC acquired a new position in shares of Uranium Energy in the 3rd quarter worth approximately $33,000. Operose Advisors LLC bought a new position in Uranium Energy in the 2nd quarter valued at $34,000. GPS Wealth Strategies Group LLC raised its position in Uranium Energy by 31.0% in the 3rd quarter. GPS Wealth Strategies Group LLC now owns 4,654 shares of the basic materials company's stock valued at $62,000 after purchasing an additional 1,100 shares during the last quarter. Semus Wealth Partners LLC acquired a new position in Uranium Energy in the second quarter worth $68,000. Finally, Sender Co & Partners Inc. bought a new stake in shares of Uranium Energy during the second quarter worth $88,000. Institutional investors and hedge funds own 62.28% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. Roth Mkm reaffirmed a "buy" rating and issued a $16.00 price target on shares of Uranium Energy in a report on Thursday, December 11th. The Goldman Sachs Group restated a "buy" rating and issued a $18.00 price objective on shares of Uranium Energy in a research report on Wednesday, February 4th. Zacks Research upgraded shares of Uranium Energy from a "strong sell" rating to a "hold" rating in a research report on Monday, December 1st. Finally, National Bank Financial increased their price target on shares of Uranium Energy from $15.50 to $16.50 and gave the company an "outperform" rating in a research note on Friday, December 19th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, Uranium Energy has a consensus rating of "Moderate Buy" and an average target price of $15.66.

Uranium Energy Trading Up 3.3%

Uranium Energy stock opened at $15.04 on Thursday. The company has a market cap of $7.27 billion, a PE ratio of -125.33 and a beta of 1.21. Uranium Energy Corp. has a 1 year low of $3.85 and a 1 year high of $20.34. The company's 50-day moving average is $15.85 and its two-hundred day moving average is $13.79.

Uranium Energy Profile

Uranium Energy Corp. is a uranium mining and exploration company focused on the development and production of uranium through in-situ recovery (ISR) methods. The company's core activities include operating ISR projects, advancing exploration properties, and engaging in joint ventures to secure uranium supply for nuclear power generation. Uranium Energy's approach emphasizes environmentally conscious extraction techniques that minimize land disturbance and water usage compared with conventional mining.

The company's primary producing asset is the Hobson ISR facility in South Texas, which commenced production to supply uranium concentrate to nuclear utilities.

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