Wellington Management Group LLP Has $148,000 Holdings in Energy Fuels Inc $UUUU

Wellington Management Group LLP lifted its holdings in Energy Fuels Inc (NYSEAMERICAN:UUUU - Free Report) by 151.5% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 39,723 shares of the company's stock after purchasing an additional 23,929 shares during the period. Wellington Management Group LLP's holdings in Energy Fuels were worth $148,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in UUUU. Lionstone Capital Management LLC acquired a new stake in shares of Energy Fuels during the 4th quarter valued at $35,000. Byrne Asset Management LLC lifted its position in shares of Energy Fuels by 114.6% during 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. Adams Wealth Management acquired a new stake in shares of Energy Fuels during the 1st quarter valued at $37,000. CacheTech Inc. acquired a new stake in shares of Energy Fuels in the first quarter worth $37,000. Finally, Joel Isaacson & Co. LLC acquired a new stake in shares of Energy Fuels in the first quarter worth $38,000. Institutional investors and hedge funds own 48.24% of the company's stock.

Insider Activity

In related news, VP Scott Bakken sold 4,629 shares of the stock in a transaction that occurred 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 sale, the vice president owned 108,817 shares in the company, valued at approximately $1,305,804. This trade represents a 4.08% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Timothy James Carstens sold 250,000 shares of the stock in a transaction that occurred on 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 sale, the executive vice president owned 267,029 shares in the company, valued at $2,787,782.76. This represents a 48.35% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 784,336 shares of company stock worth $7,307,244. Insiders own 1.77% of the company's stock.

Energy Fuels Price Performance

Energy Fuels stock traded up $0.33 during trading hours on Friday, hitting $11.56. The company had a trading volume of 8,069,858 shares, compared to its average volume of 13,896,962. The firm has a market cap of $2.57 billion, a PE ratio of -23.59 and a beta of 1.76. Energy Fuels Inc has a one year low of $3.20 and a one year high of $13.34. The firm has a 50-day moving average of $9.12 and a 200 day moving average of $6.22.

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

Analyst Ratings Changes

A number of research analysts have recently weighed in on UUUU shares. Roth Capital downgraded Energy Fuels from a "buy" rating to a "neutral" rating and set a $6.00 price target on the stock. in a report on Friday, July 11th. HC Wainwright reiterated a "buy" rating and set a $12.00 price target (up previously from $10.00) on shares of Energy Fuels in a report on Friday, August 8th. Finally, B. Riley assumed coverage on Energy Fuels in a report on Wednesday, July 23rd. They set a "buy" rating and a $9.00 price objective for the company. One investment 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 stock. According to MarketBeat, the company currently has a consensus rating of "Buy" and an average price target of $8.19.

Energy Fuels 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.