Seven Eight Capital LP Grows Stock Holdings in Energy Fuels Inc. (NYSE:UUUU)

Seven Eight Capital LP boosted its stake in shares of Energy Fuels Inc. (NYSE:UUUUFree Report) by 148.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 104,148 shares of the company’s stock after buying an additional 62,185 shares during the quarter. Seven Eight Capital LP owned 0.06% of Energy Fuels worth $749,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. McGlone Suttner Wealth Management Inc. acquired a new stake in shares of Energy Fuels in the 4th quarter worth approximately $31,000. Optiver Holding B.V. grew its holdings in Energy Fuels by 1,282.2% in the fourth quarter. Optiver Holding B.V. now owns 4,423 shares of the company’s stock valued at $32,000 after purchasing an additional 4,103 shares during the last quarter. Motley Fool Wealth Management LLC purchased a new position in shares of Energy Fuels in the fourth quarter valued at $70,000. Gainplan LLC acquired a new position in shares of Energy Fuels during the 4th quarter worth $84,000. Finally, Russell Investments Group Ltd. boosted its position in shares of Energy Fuels by 956.1% in the 4th quarter. Russell Investments Group Ltd. now owns 12,494 shares of the company’s stock worth $90,000 after buying an additional 11,311 shares in the last quarter. 48.24% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

UUUU has been the subject of several recent research reports. Roth Mkm downgraded shares of Energy Fuels from a “buy” rating to a “neutral” rating and dropped their target price for the company from $6.50 to $6.25 in a report on Wednesday, June 5th. B. Riley initiated coverage on Energy Fuels in a research note on Thursday, April 18th. They issued a “buy” rating and a $9.00 target price on the stock. Finally, Roth Capital cut Energy Fuels from a “strong-buy” rating to a “hold” rating in a report on Wednesday, June 5th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Energy Fuels currently has a consensus rating of “Hold” and a consensus price target of $8.42.

View Our Latest Research Report on UUUU

Insider Activity

In related news, Director J. Birks Bovaird sold 10,000 shares of the stock in a transaction dated Wednesday, April 3rd. The stock was sold at an average price of $9.28, for a total transaction of $92,800.00. Following the transaction, the director now directly owns 187,380 shares in the company, valued at $1,738,886.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders acquired a total of 8,013 shares of company stock valued at $48,050 over the last quarter. Company insiders own 1.92% of the company’s stock.

Energy Fuels Trading Up 2.7 %

Shares of NYSE UUUU opened at $6.10 on Tuesday. The stock has a market capitalization of $998.27 million, a P/E ratio of -87.13 and a beta of 1.65. The business’s 50-day moving average price is $6.15. Energy Fuels Inc. has a 12 month low of $5.16 and a 12 month high of $9.02.

Energy Fuels (NYSE:UUUUGet Free Report) last released its earnings results on Friday, May 3rd. The company reported $0.02 EPS for the quarter, hitting the consensus estimate of $0.02. Energy Fuels had a negative net margin of 24.83% and a negative return on equity of 6.27%. The firm had revenue of $25.43 million during the quarter, compared to analysts’ expectations of $26.25 million. As a group, analysts expect that Energy Fuels Inc. will post -0.11 EPS for the current fiscal year.

About Energy Fuels

(Free Report)

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.

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Institutional Ownership by Quarter for Energy Fuels (NYSE:UUUU)

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