Raymond James Financial Services Advisors Inc. Increases Stock Position in Energy Fuels Inc. (NYSE:UUUU)

Raymond James Financial Services Advisors Inc. boosted its stake in shares of Energy Fuels Inc. (NYSE:UUUU) by 77.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,467 shares of the company’s stock after buying an additional 11,569 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in Energy Fuels were worth $190,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. IFP Advisors Inc purchased a new position in shares of Energy Fuels in the third quarter valued at approximately $51,000. Exchange Traded Concepts LLC purchased a new position in shares of Energy Fuels in the third quarter valued at approximately $63,000. Avior Wealth Management LLC acquired a new stake in Energy Fuels in the third quarter valued at approximately $64,000. Tucker Asset Management LLC acquired a new stake in Energy Fuels in the third quarter valued at approximately $99,000. Finally, Avantax Advisory Services Inc. acquired a new stake in Energy Fuels in the third quarter valued at approximately $184,000. Hedge funds and other institutional investors own 48.24% of the company’s stock.

Insider Activity

In other news, Director J. Birks Bovaird sold 10,000 shares of Energy Fuels stock in a transaction on Wednesday, April 3rd. The shares were sold at an average price of $9.28, for a total value of $92,800.00. Following the transaction, the director now directly owns 187,380 shares of the company’s stock, valued at approximately $1,738,886.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 2.30% of the company’s stock.

Energy Fuels Trading Up 2.5 %

UUUU stock opened at $5.37 on Thursday. Energy Fuels Inc. has a twelve month low of $5.02 and a twelve month high of $9.02. The business’s 50 day moving average is $6.83. The firm has a market capitalization of $866.02 million, a PE ratio of 8.32 and a beta of 1.53.

Energy Fuels (NYSE:UUUU) last announced its earnings results on Friday, February 23rd. The company reported ($0.13) EPS for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.10). The business had revenue of $0.47 million during the quarter, compared to analyst estimates of $6.45 million. Energy Fuels had a net margin of 263.04% and a negative return on equity of 7.97%. On average, equities analysts predict that Energy Fuels Inc. will post -0.16 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on UUUU shares. Roth Mkm raised their target price on shares of Energy Fuels from $9.25 to $10.50 and gave the company a “buy” rating in a report on Tuesday, January 23rd. B. Riley assumed coverage on shares of Energy Fuels in a report on Thursday, April 18th. They set a “buy” rating and a $9.00 price objective on the stock. One research analyst has rated the stock with a sell rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $9.83.

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.