Traders Buy Large Volume of Call Options on Energy Fuels (NYSEAMERICAN:UUUU)

Energy Fuels Inc. (NYSEAMERICAN:UUUU) was the recipient of some unusual options trading on Friday. Stock investors bought 24,245 call options on the company. This is an increase of 264% compared to the average volume of 6,653 call options.

Insider Buying and Selling at Energy Fuels

In related news, Director Bruce D. Hansen acquired 6,000 shares of the stock in a transaction dated Wednesday, March 19th. The stock was bought at an average cost of $4.25 per share, for a total transaction of $25,500.00. Following the completion of the transaction, the director now directly owns 295,239 shares of the company’s stock, valued at $1,254,765.75. The trade was a 2.07% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Barbara Appelin Filas sold 10,000 shares of the firm’s stock in a transaction dated Thursday, March 13th. The stock was sold at an average price of $4.15, for a total value of $41,500.00. Following the transaction, the director now owns 160,159 shares of the company’s stock, valued at $664,659.85. This trade represents a 5.88% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.92% of the company’s stock.

Institutional Investors Weigh In On Energy Fuels

A number of institutional investors and hedge funds have recently added to or reduced their stakes in UUUU. AlphaMark Advisors LLC purchased a new stake in Energy Fuels during the 4th quarter worth about $25,000. Sterling Capital Management LLC increased its position in Energy Fuels by 793.4% during the 4th quarter. Sterling Capital Management LLC now owns 5,923 shares of the company’s stock worth $30,000 after purchasing an additional 5,260 shares during the period. Steward Partners Investment Advisory LLC grew its holdings in shares of Energy Fuels by 65.7% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 6,159 shares of the company’s stock worth $32,000 after acquiring an additional 2,442 shares during the period. Lionstone Capital Management LLC acquired a new stake in shares of Energy Fuels in the 4th quarter worth approximately $35,000. Finally, Byrne Asset Management LLC grew its holdings in Energy Fuels by 114.6% during the 1st quarter. Byrne Asset Management LLC now owns 7,727 shares of the company’s stock valued at $29,000 after buying an additional 4,127 shares during the last quarter. Hedge funds and other institutional investors own 48.24% of the company’s stock.

Energy Fuels Stock Up 20.0%

UUUU opened at $5.40 on Friday. The business has a fifty day moving average of $4.29 and a 200 day moving average of $5.24. Energy Fuels has a 52-week low of $3.20 and a 52-week high of $7.47. The stock has a market cap of $1.07 billion, a P/E ratio of -24.55 and a beta of 1.68.

Analyst Ratings Changes

A number of analysts recently issued reports on UUUU shares. HC Wainwright dropped their price objective on Energy Fuels from $10.75 to $10.00 and set a “buy” rating on the stock in a report on Friday, May 9th. Roth Capital set a $5.75 price target on Energy Fuels in a research note on Friday, February 28th. Finally, Roth Mkm upgraded Energy Fuels from a “neutral” rating to a “buy” rating and set a $5.75 price objective on the stock in a research report on Friday, February 28th.

About Energy Fuels

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.