Energy Fuels (NYSEAMERICAN:UUUU) Director Sells $30,500.00 in 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 business's stock in a transaction dated Friday, August 29th. The shares were sold at an average price of $12.20, for a total value of $30,500.00. Following the transaction, the director owned 253,881 shares in the company, valued at $3,097,348.20. This represents a 0.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

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 Stock Performance

Shares of UUUU 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. Energy Fuels Inc has a 12 month low of $3.20 and a 12 month high of $13.34. The firm has a market capitalization of $2.57 billion, a price-to-earnings ratio of -23.59 and a beta of 1.76. The firm's fifty day moving average is $9.12 and its 200 day moving average is $6.22.

Energy Fuels (NYSEAMERICAN:UUUU - Get Free Report) last released its quarterly earnings data 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 business's revenue for the quarter was up –51.7% compared to the same quarter last year. On average, sell-side analysts expect that Energy Fuels Inc will post -0.1 EPS for the current fiscal year.

Institutional Trading of Energy Fuels

Large investors have recently made changes to their positions in the company. Alps Advisors Inc. increased its holdings in Energy Fuels by 29.0% during the 1st quarter. Alps Advisors Inc. now owns 15,933,699 shares of the company's stock worth $59,433,000 after purchasing an additional 3,584,798 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Energy Fuels by 10.8% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,670,863 shares of the company's stock worth $46,927,000 after purchasing an additional 1,231,484 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in Energy Fuels by 4.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 9,203,210 shares of the company's stock worth $52,918,000 after purchasing an additional 410,894 shares in the last quarter. Kingstone Capital Partners Texas LLC bought a new position in Energy Fuels during the 2nd quarter worth about $29,525,000. Finally, Bank of America Corp DE boosted its stake in shares of Energy Fuels by 93.6% during the 2nd quarter. Bank of America Corp DE now owns 4,366,108 shares of the company's stock worth $25,105,000 after buying an additional 2,111,466 shares during the last quarter. Institutional investors own 48.24% of the company's stock.

Analysts Set New Price Targets

Several research analysts have recently commented on UUUU shares. B. Riley started 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. HC Wainwright reiterated a "buy" rating and set a $12.00 target price (up previously from $10.00) on shares of Energy Fuels in a research report on Friday, August 8th. Finally, Roth Capital cut shares of Energy Fuels from a "buy" rating to a "neutral" rating and set a $6.00 target price for the company. in a research report on Friday, July 11th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Buy" and an average 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.