Nuveen LLC Takes $2.23 Million Position in Energy Fuels Inc $UUUU

Key Points

• Nuveen LLC acquired a new stake in Energy Fuels Inc, purchasing 599,902 shares valued at approximately $2.23 million, representing 0.30% ownership of the company.
• Other institutional investors have increased their stakes significantly, with Alps Advisors Inc. raising its holdings by 29.0% this quarter.
• Energy Fuels’ stock has experienced fluctuations, opening at $11.56 recently, with a one-year price range from $3.20 to $13.34.

Nuveen LLC purchased a new position in Energy Fuels Inc (NYSEAMERICAN:UUUU - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 599,902 shares of the company's stock, valued at approximately $2,233,000. Nuveen LLC owned about 0.30% of Energy Fuels at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in UUUU. Lionstone Capital Management LLC acquired a new position in Energy Fuels during the fourth quarter valued at $35,000. Byrne Asset Management LLC raised its holdings in Energy Fuels by 114.6% in the 1st quarter. Byrne Asset Management LLC now owns 7,727 shares of the company's stock valued at $29,000 after acquiring an additional 4,127 shares during the last quarter. Joel Isaacson & Co. LLC acquired a new stake in Energy Fuels in the 1st quarter valued at about $38,000. Envestnet Asset Management Inc. acquired a new stake in shares of Energy Fuels during the 4th quarter worth approximately $64,000. Finally, Wealthspan Partners LLC increased its holdings in shares of Energy Fuels by 30.0% during the 1st quarter. Wealthspan Partners LLC now owns 13,000 shares of the company's stock worth $48,000 after buying an additional 3,000 shares during the last quarter. 48.24% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. HC Wainwright reaffirmed a "buy" rating and set a $12.00 price objective (up previously from $10.00) on shares of Energy Fuels in a research report on Friday, August 8th. B. Riley began 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. Finally, Roth Capital lowered shares of Energy Fuels from a "buy" rating to a "neutral" rating and set a $6.00 price target on the stock. in a research note on Friday, July 11th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat, Energy Fuels has a consensus rating of "Buy" and a consensus price target of $8.19.

Energy Fuels Stock Performance

Shares of Energy Fuels stock traded down $0.30 on Thursday, reaching $11.14. The stock had a trading volume of 1,480,045 shares, compared to its average volume of 10,381,416. The business's 50-day moving average price is $8.89 and its two-hundred day moving average price is $6.14. Energy Fuels Inc has a fifty-two week low of $3.20 and a fifty-two week high of $13.34. The stock has a market cap of $2.48 billion, a P/E ratio of -22.73 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 for the quarter. Energy Fuels had a negative return on equity of 17.41% and a negative net margin of 143.05%.The firm had revenue of $4.21 million during the quarter. The firm's revenue was up –51.7% compared to the same quarter last year. As a group, equities analysts forecast that Energy Fuels Inc will post -0.1 earnings per share for the current fiscal year.

Insider Buying and Selling at Energy Fuels

In other news, EVP Timothy James Carstens sold 250,000 shares of the business's stock in a transaction on Friday, August 8th. The shares were sold at an average price of $10.44, for a total value of $2,610,000.00. Following the sale, the executive vice president owned 267,029 shares in the company, valued at approximately $2,787,782.76. The trade was a 48.35% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Scott Bakken sold 4,629 shares of the business'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 sale, the vice president owned 108,817 shares in the company, valued at $1,305,804. This represents a 4.08% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 784,336 shares of company stock worth $7,307,244. Corporate insiders own 1.92% of the company's stock.

Energy Fuels Company 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.