Dennis Lyle Higgs Sells 2,500 Shares of Energy Fuels (NYSEAMERICAN:UUUU) Stock

Key Points

• Dennis Lyle Higgs, a director at Energy Fuels, sold 2,500 shares of stock for a total of $30,500 on August 29, reducing his position by 0.98% but still holding 253,881 shares valued at approximately $3.1 million.
• The stock price of Energy Fuels (UUUU) has fallen to $11.36, down $0.20 from its previous value, with a market cap of $2.52 billion and a 12-month trading range between $3.20 and $13.34.
• Recent changes in hedge fund positions include significant increases in holdings by Northern Trust Corp (up 6.1%) and Millennium Management LLC (up 682.4%) during the last quarters.

Energy Fuels Inc (NYSEAMERICAN:UUUU - Get Free Report) Director Dennis Lyle Higgs sold 2,500 shares of the company's stock in a transaction on Friday, August 29th. The stock was sold at an average price of $12.20, for a total value of $30,500.00. Following the sale, the director owned 253,881 shares of the company's stock, valued at approximately $3,097,348.20. This represents a 0.98% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Dennis Lyle Higgs also recently made the following trade(s):

• On Thursday, August 28th, Dennis Lyle Higgs sold 20,000 shares of Energy Fuels stock. The shares were sold at an average price of $11.79, for a total value of $235,800.00.
• On Monday, August 18th, Dennis Lyle Higgs sold 15,000 shares of Energy Fuels stock. The shares were sold at an average price of $9.79, for a total value of $146,850.00.
• On Friday, August 15th, Dennis Lyle Higgs sold 15,000 shares of Energy Fuels stock. The shares were sold at an average price of $9.70, for a total value of $145,500.00.

Energy Fuels Trading Up 2.9%

Shares of NYSEAMERICAN UUUU traded up $0.33 during trading on Friday, reaching $11.56. 8,069,858 shares of the company traded hands, compared to its average volume of 13,896,962. Energy Fuels Inc has a 12-month low of $3.20 and a 12-month high of $13.34. The firm's fifty day simple moving average is $9.12 and its 200 day simple moving average is $6.22. The stock has a market cap of $2.57 billion, a P/E ratio of -23.59 and a beta of 1.76.

Energy Fuels (NYSEAMERICAN:UUUU - Get Free Report) last announced 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). The business had revenue of $4.21 million during the quarter. Energy Fuels had a negative net margin of 143.05% and a negative return on equity of 17.41%. The firm's revenue for the quarter was up –51.7% on a year-over-year basis. As a group, research analysts expect that Energy Fuels Inc will post -0.1 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in UUUU. Northern Trust Corp boosted its position in Energy Fuels by 6.1% during the fourth quarter. Northern Trust Corp now owns 1,155,495 shares of the company's stock worth $5,928,000 after acquiring an additional 66,202 shares during the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its holdings in shares of Energy Fuels by 26.0% during the 1st quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 111,071 shares of the company's stock valued at $411,000 after acquiring an additional 22,916 shares in the last quarter. Alps Advisors Inc. lifted its holdings in shares of Energy Fuels by 29.0% during the 1st quarter. Alps Advisors Inc. now owns 15,933,699 shares of the company's stock valued at $59,433,000 after acquiring an additional 3,584,798 shares in the last quarter. Vident Advisory LLC increased its stake in Energy Fuels by 22.8% during the 1st quarter. Vident Advisory LLC now owns 2,068,860 shares of the company's stock worth $7,717,000 after buying an additional 384,257 shares during the period. Finally, Millennium Management LLC increased its stake in Energy Fuels by 682.4% during the 4th quarter. Millennium Management LLC now owns 155,400 shares of the company's stock worth $797,000 after buying an additional 135,538 shares during the period. 48.24% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

UUUU has been the topic of a number of research reports. Roth Capital cut 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. HC Wainwright reissued a "buy" rating and issued a $12.00 target price (up previously from $10.00) on shares of Energy Fuels in a report on Friday, August 8th. Finally, B. Riley initiated coverage on Energy Fuels in a report on Wednesday, July 23rd. They issued a "buy" rating and a $9.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, Energy Fuels presently has a consensus rating of "Buy" and a consensus price target of $8.19.

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.