USA Rare Earth Inc. (NASDAQ:USAR - Get Free Report) shares reached a new 52-week high on Thursday . The stock traded as high as $20.08 and last traded at $20.07, with a volume of 3650080 shares trading hands. The stock had previously closed at $18.41.
Analyst Ratings Changes
USAR has been the subject of several analyst reports. Cantor Fitzgerald initiated coverage on shares of USA Rare Earth in a research report on Friday, August 1st. They set an "overweight" rating and a $16.00 price target for the company. Roth Capital reiterated a "buy" rating on shares of USA Rare Earth in a research report on Monday. Canaccord Genuity Group lifted their price target on shares of USA Rare Earth from $21.00 to $22.00 and gave the stock a "buy" rating in a research report on Tuesday. Finally, Wall Street Zen cut shares of USA Rare Earth from a "hold" rating to a "sell" rating in a research report on Saturday, August 16th. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, USA Rare Earth currently has a consensus rating of "Buy" and a consensus price target of $17.67.
View Our Latest Analysis on USAR
USA Rare Earth Price Performance
The firm has a fifty day moving average price of $15.10.
USA Rare Earth (NASDAQ:USAR - Get Free Report) last issued its quarterly earnings data on Monday, August 11th. The company reported ($0.08) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.13) by $0.05.
Insider Activity at USA Rare Earth
In related news, Director Michael Blitzer sold 2,091,849 shares of the firm's stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $15.75, for a total transaction of $32,946,621.75. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 46.60% of the stock is currently owned by insiders.
Institutional Trading of USA Rare Earth
A number of institutional investors have recently modified their holdings of USAR. Titleist Asset Management LLC bought a new stake in shares of USA Rare Earth in the first quarter valued at about $145,000. Newtyn Management LLC bought a new stake in shares of USA Rare Earth in the first quarter valued at about $4,114,000. International Assets Investment Management LLC bought a new stake in shares of USA Rare Earth in the second quarter valued at about $250,000. MMCAP International Inc. SPC bought a new stake in shares of USA Rare Earth in the second quarter valued at about $261,000. Finally, Pier 88 Investment Partners LLC bought a new stake in shares of USA Rare Earth in the second quarter worth $588,000.
About USA Rare Earth
(
Get Free Report)
USA Rare Earth, Inc is domestic supplier of rare earth magnets and heavy rare earth elements. It is developing a vertically integrated, domestic supply chain for rare earth element magnet production, with a facility in Stillwater, Oklahoma, and mining rights to the Round Top heavy rare earth and critical minerals deposit in West Texas.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider USA Rare Earth, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and USA Rare Earth wasn't on the list.
While USA Rare Earth currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Fall 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
