Insider Selling: Energy Fuels (NYSEAMERICAN:UUUU) VP Sells 25,000 Shares of Stock

Key Points

• VP Daniel Kapostasy sold 25,000 shares on March 18 at an average price of $18.84 for $471,000, cutting his holding by 39.5% to 38,286 shares.
• Shares fell about 5.6% to $16.92 amid heavy trading; the company reported an EPS miss (‑$0.12 vs. ‑$0.07 consensus) and shows negative net margin and return on equity despite a roughly $4.01 billion market cap.
• Analysts are mostly positive with three Buys and one Hold, giving a consensus rating of “Moderate Buy” and an average price target of about $24.94.

Energy Fuels Inc (NYSEAMERICAN:UUUU - Get Free Report) VP Daniel Kapostasy sold 25,000 shares of the business's stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $18.84, for a total value of $471,000.00. Following the transaction, the vice president owned 38,286 shares of the company's stock, valued at $721,308.24. This trade represents a 39.50% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Energy Fuels Trading Down 5.6%

Shares of NYSEAMERICAN:UUUU traded down $1.00 during mid-day trading on Friday, hitting $16.92. The stock had a trading volume of 4,428,954 shares, compared to its average volume of 13,925,043. The company's 50 day moving average is $21.48 and its 200-day moving average is $18.05. The company has a debt-to-equity ratio of 0.99, a quick ratio of 28.34 and a current ratio of 30.69. The company has a market cap of $4.01 billion, a PE ratio of -44.53 and a beta of 1.42. Energy Fuels Inc has a 12-month low of $3.20 and a 12-month high of $27.90.

Energy Fuels (NYSEAMERICAN:UUUU - Get Free Report) last released its quarterly earnings data on Friday, February 27th. The company reported ($0.12) earnings per share for the quarter, missing the consensus estimate of ($0.07) by ($0.05). Energy Fuels had a negative net margin of 130.63% and a negative return on equity of 13.15%. On average, sell-side analysts predict that Energy Fuels Inc will post -0.1 EPS for the current year.

Hedge Funds Weigh In On Energy Fuels

Several institutional investors have recently modified their holdings of UUUU. Harbour Investments Inc. increased its stake in Energy Fuels by 74.5% during the 4th quarter. Harbour Investments Inc. now owns 1,736 shares of the company's stock worth $25,000 after purchasing an additional 741 shares in the last quarter. Smartleaf Asset Management LLC lifted its stake in Energy Fuels by 75.9% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,757 shares of the company's stock valued at $25,000 after buying an additional 758 shares in the last quarter. Farther Finance Advisors LLC boosted its holdings in shares of Energy Fuels by 3,820.9% in the third quarter. Farther Finance Advisors LLC now owns 1,686 shares of the company's stock valued at $26,000 after buying an additional 1,643 shares during the period. Mcguire Capital Advisors Inc. bought a new stake in shares of Energy Fuels during the fourth quarter worth $27,000. Finally, State of Wyoming bought a new stake in shares of Energy Fuels during the fourth quarter worth $34,000. Institutional investors own 48.24% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. HC Wainwright upped their target price on shares of Energy Fuels from $26.75 to $27.25 and gave the company a "buy" rating in a research report on Friday, February 27th. B. Riley Financial boosted their price target on shares of Energy Fuels to $27.00 and gave the stock a "buy" rating in a research note on Tuesday, January 20th. The Goldman Sachs Group started coverage on shares of Energy Fuels in a report on Tuesday, February 10th. They issued a "buy" rating and a $30.00 price objective on the stock. Finally, Roth Mkm raised shares of Energy Fuels from a "sell" rating to a "neutral" rating and lifted their target price for the stock from $13.00 to $15.50 in a report on Wednesday, January 28th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $24.94.

About Energy Fuels

Energy Fuels Inc (NYSE American: UUUU) is a U.S.-based mineral resources company focused on the production and processing of uranium, rare earth elements and other strategic minerals. The company's core business activity centers on supplying nuclear fuel to power generators, leveraging a diversified portfolio of conventional and in-situ recovery (ISR) uranium mines located primarily on the Colorado Plateau, in Wyoming and in Texas.

At the heart of Energy Fuels' operations is the White Mesa Mill in southeastern Utah, the only conventional uranium-vanadium mill currently permitted and operating in the United States.

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