Sapient Capital LLC lessened its position in Energy Fuels Inc (NYSEAMERICAN:UUUU – Free Report) by 90.8% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 32,569 shares of the company’s stock after selling 323,125 shares during the quarter. Sapient Capital LLC’s holdings in Energy Fuels were worth $472,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in Energy Fuels by 26.1% during the 4th quarter. Vanguard Group Inc. now owns 14,978,848 shares of the company’s stock valued at $217,449,000 after purchasing an additional 3,095,806 shares during the period. Van ECK Associates Corp boosted its position in shares of Energy Fuels by 18.8% in the fourth quarter. Van ECK Associates Corp now owns 12,108,694 shares of the company’s stock worth $176,052,000 after buying an additional 1,913,952 shares during the period. Ameriprise Financial Inc. boosted its position in shares of Energy Fuels by 4.7% in the second quarter. Ameriprise Financial Inc. now owns 9,203,210 shares of the company’s stock worth $52,918,000 after buying an additional 410,894 shares during the period. Bank of America Corp DE grew its holdings in shares of Energy Fuels by 93.6% during the second quarter. Bank of America Corp DE now owns 4,366,108 shares of the company’s stock valued at $25,105,000 after buying an additional 2,111,466 shares in the last quarter. Finally, Morgan Stanley grew its holdings in shares of Energy Fuels by 108.7% during the fourth quarter. Morgan Stanley now owns 3,952,694 shares of the company’s stock valued at $57,472,000 after buying an additional 2,058,920 shares in the last quarter. Institutional investors and hedge funds own 48.24% of the company’s stock.
Insider Activity
In related news, CEO Ross R. Bhappu acquired 74,000 shares of the business’s stock in a transaction that occurred on Tuesday, July 7th. The shares were acquired at an average cost of $13.08 per share, with a total value of $967,920.00. Following the purchase, the chief executive officer owned 256,583 shares of the company’s stock, valued at approximately $3,356,105.64. The trade was a 40.53% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Bruce D. Hansen bought 4,000 shares of Energy Fuels stock in a transaction that occurred on Wednesday, July 8th. The stock was bought at an average price of $12.70 per share, with a total value of $50,800.00. Following the completion of the acquisition, the director owned 313,844 shares in the company, valued at approximately $3,985,818.80. The trade was a 1.29% increase in their position. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 0.97% of the company’s stock.
Analysts Set New Price Targets
View Our Latest Report on UUUU
Energy Fuels Stock Up 1.1%
UUUU stock opened at $14.29 on Tuesday. The firm has a market cap of $3.57 billion, a PE ratio of -44.66 and a beta of 1.53. Energy Fuels Inc has a 1 year low of $8.16 and a 1 year high of $27.90. The company has a fifty day simple moving average of $13.87 and a 200 day simple moving average of $18.05. The company has a current ratio of 27.51, a quick ratio of 25.59 and a debt-to-equity ratio of 0.93.
Energy Fuels (NYSEAMERICAN:UUUU – Get Free Report) last posted its earnings results on Wednesday, August 5th. The company reported ($0.13) EPS for the quarter, missing the consensus estimate of ($0.04) by ($0.09). Energy Fuels had a negative return on equity of 11.65% and a negative net margin of 77.75%.The business had revenue of $25.11 million for the quarter. Sell-side analysts anticipate that Energy Fuels Inc will post -0.17 EPS for the current fiscal year.
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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