Uranium Energy Corp. $UEC Shares Sold by Neo Ivy Capital Management

Key Points

• Neo Ivy Capital Management cut its UEC stake by 41.9%, selling 160,491 shares in Q3 and retaining 222,470 shares worth about $2.97 million after the sale.
• Analysts are broadly positive with a consensus "Moderate Buy" rating and a consensus price target of $15.66, including Goldman Sachs' $18 target and multiple recent buy/outperform ratings.
• Uranium Energy focuses on in‑situ recovery (ISR) uranium production—notably the Hobson facility in South Texas—and its shares recently traded around $12.93 with a one‑year range of $3.85–$20.34 and a market cap near $6.25 billion.

Neo Ivy Capital Management decreased its holdings in shares of Uranium Energy Corp. (NYSEAMERICAN:UEC - Free Report) by 41.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 222,470 shares of the basic materials company's stock after selling 160,491 shares during the period. Neo Ivy Capital Management's holdings in Uranium Energy were worth $2,968,000 as of its most recent SEC filing.

Other institutional investors and 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 valued at about $33,000. Operose Advisors LLC acquired a new stake in Uranium Energy during the second quarter worth about $34,000. GPS Wealth Strategies Group LLC raised its stake in Uranium Energy by 31.0% during the third quarter. GPS Wealth Strategies Group LLC now owns 4,654 shares of the basic materials company's stock worth $62,000 after acquiring an additional 1,100 shares during the period. Semus Wealth Partners LLC bought a new position in Uranium Energy in the second quarter worth about $68,000. Finally, Sender Co & Partners Inc. bought a new position in Uranium Energy in the second quarter worth about $88,000. 62.28% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

Uranium Energy Price Performance

Shares of NYSEAMERICAN UEC opened at $12.93 on Friday. The stock has a market capitalization of $6.25 billion, a PE ratio of -107.75 and a beta of 1.21. Uranium Energy Corp. has a one year low of $3.85 and a one year high of $20.34. The business's fifty day moving average price is $15.89 and its 200-day moving average price is $13.81.

About Uranium Energy

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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