Wealth Enhancement Advisory Services LLC Raises Stock Position in Energy Fuels Inc (NYSEAMERICAN:UUUU)

Wealth Enhancement Advisory Services LLC raised its stake in Energy Fuels Inc (NYSEAMERICAN:UUUU) by 48.9% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 27,319 shares of the company’s stock after buying an additional 8,972 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Energy Fuels were worth $102,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Energy Fuels by 1.4% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,439,379 shares of the company’s stock worth $58,779,000 after purchasing an additional 155,087 shares in the last quarter. Ameriprise Financial Inc. increased its stake in shares of Energy Fuels by 0.4% during the 4th quarter. Ameriprise Financial Inc. now owns 8,023,303 shares of the company’s stock worth $41,159,000 after purchasing an additional 31,364 shares in the last quarter. Vanguard Group Inc. increased its stake in shares of Energy Fuels by 18.5% during the 4th quarter. Vanguard Group Inc. now owns 7,468,726 shares of the company’s stock worth $38,316,000 after purchasing an additional 1,164,973 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of Energy Fuels by 0.5% during the 4th quarter. Geode Capital Management LLC now owns 2,330,189 shares of the company’s stock worth $11,960,000 after purchasing an additional 11,667 shares in the last quarter. Finally, Northern Trust Corp increased its stake in shares of Energy Fuels by 6.1% during the 4th quarter. Northern Trust Corp now owns 1,155,495 shares of the company’s stock worth $5,928,000 after purchasing an additional 66,202 shares in the last quarter. 48.24% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Energy Fuels

In related news, VP Timothy James Carstens sold 210,612 shares of the business’s stock in a transaction that occurred on Tuesday, June 10th. The shares were sold at an average price of $5.45, for a total value of $1,147,835.40. Following the sale, the vice president directly owned 517,029 shares in the company, valued at $2,817,808.05. The trade was a 28.94% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In the last 90 days, insiders have sold 218,597 shares of company stock valued at $1,192,142. 1.77% of the stock is owned by insiders.

Energy Fuels Trading Up 16.5%

Shares of NYSEAMERICAN:UUUU opened at $6.51 on Friday. The company has a 50 day moving average of $5.31 and a 200-day moving average of $5.02. The firm has a market cap of $1.29 billion, a P/E ratio of -15.14 and a beta of 1.68. Energy Fuels Inc has a twelve month low of $3.20 and a twelve month high of $7.47.

Analyst Upgrades and Downgrades

Separately, HC Wainwright decreased their target price on shares of Energy Fuels from $10.75 to $10.00 and set a “buy” rating on the stock in a research report on Friday, May 9th.

Energy Fuels 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.