Robertson Stephens Wealth Management LLC Boosts Stock Position in Energy Fuels Inc $UUUU

Key Points

• Robertson Stephens Wealth Management LLC increased its holdings in Energy Fuels Inc by 15.1%, acquiring an additional 261,620 shares, bringing its total to approximately 1.99 million shares valued at $11.49 million.
• Energy Fuels recently saw a downgrade from Roth Capital, which set a target price of $6.00, while HC Wainwright increased its target to $16.25, showing mixed analyst sentiments about the stock.
• In the most recent quarterly earnings report, Energy Fuels posted an EPS of ($0.10), missing estimates, with a revenue of $4.21 million, marking a 51.7% decline year-over-year.

Robertson Stephens Wealth Management LLC grew its position in Energy Fuels Inc (NYSEAMERICAN:UUUU - Free Report) by 15.1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,998,061 shares of the company's stock after acquiring an additional 261,620 shares during the quarter. Robertson Stephens Wealth Management LLC owned approximately 1.01% of Energy Fuels worth $11,492,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently modified their holdings of UUUU. Stanley Laman Group Ltd. grew its stake in shares of Energy Fuels by 1.9% in the first quarter. Stanley Laman Group Ltd. now owns 702,960 shares of the company's stock worth $2,622,000 after purchasing an additional 12,914 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Energy Fuels by 48.9% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 27,319 shares of the company's stock valued at $102,000 after purchasing an additional 8,972 shares during the last quarter. Byrne Asset Management LLC lifted its holdings in shares of Energy Fuels by 114.6% during the first quarter. Byrne Asset Management LLC now owns 7,727 shares of the company's stock valued at $29,000 after purchasing an additional 4,127 shares during the last quarter. Janney Montgomery Scott LLC lifted its holdings in shares of Energy Fuels by 23.5% during the first quarter. Janney Montgomery Scott LLC now owns 124,394 shares of the company's stock valued at $464,000 after purchasing an additional 23,688 shares during the last quarter. Finally, Wealthspan Partners LLC lifted its holdings in shares of Energy Fuels by 30.0% during the first quarter. Wealthspan Partners LLC now owns 13,000 shares of the company's stock valued at $48,000 after purchasing an additional 3,000 shares during the last quarter. Institutional investors own 48.24% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. Roth Capital downgraded Energy Fuels from a "buy" rating to a "neutral" rating and set a $6.00 target price for the company. in a report on Friday, July 11th. B. Riley assumed coverage on Energy Fuels in a research note on Wednesday, July 23rd. They issued a "buy" rating and a $9.00 price objective for the company. Finally, HC Wainwright upped their target price on Energy Fuels from $12.00 to $16.25 and gave the stock a "buy" rating in a research report on Wednesday, September 17th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Energy Fuels presently has an average rating of "Buy" and an average target price of $9.25.

Energy Fuels Stock Performance

Shares of NYSEAMERICAN UUUU opened at $19.70 on Friday. The firm has a market cap of $4.38 billion, a price-to-earnings ratio of -40.20 and a beta of 1.79. The business's 50-day simple moving average is $12.73 and its 200-day simple moving average is $8.00. Energy Fuels Inc has a 52 week low of $3.20 and a 52 week high of $20.51.

Energy Fuels (NYSEAMERICAN:UUUU - Get Free Report) last issued its quarterly earnings data on Wednesday, August 6th. The company reported ($0.10) EPS for the quarter, missing analysts' consensus estimates of ($0.04) by ($0.06). The company had revenue of $4.21 million for the quarter. Energy Fuels had a negative net margin of 143.05% and a negative return on equity of 17.41%. The company's revenue for the quarter was up –51.7% on a year-over-year basis. As a group, equities research analysts forecast that Energy Fuels Inc will post -0.1 earnings per share for the current year.

Insider Buying and Selling

In other news, EVP Timothy James Carstens sold 250,000 shares of the stock in a transaction dated Friday, August 8th. The stock was sold at an average price of $10.44, for a total transaction of $2,610,000.00. Following the transaction, the executive vice president owned 267,029 shares of the company's stock, valued at approximately $2,787,782.76. This represents a 48.35% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Dennis Lyle Higgs sold 20,000 shares of the stock in a transaction dated Thursday, August 28th. The shares were sold at an average price of $11.79, for a total value of $235,800.00. Following the transaction, the director directly owned 256,381 shares in the company, valued at approximately $3,022,731.99. This represents a 7.24% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 618,724 shares of company stock worth $6,782,959. Insiders own 1.77% 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.

Want to see what other hedge funds are holding UUUU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Energy Fuels Inc (NYSEAMERICAN:UUUU - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.