D.A. Davidson & CO. Raises Stock Holdings in Energy Fuels Inc (NYSEAMERICAN:UUUU)

D.A. Davidson & CO. boosted its stake in Energy Fuels Inc (NYSEAMERICAN:UUUU) by 120.4% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 49,097 shares of the company’s stock after buying an additional 26,825 shares during the period. D.A. Davidson & CO.’s holdings in Energy Fuels were worth $183,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of UUUU. Vanguard Group Inc. increased its stake in Energy Fuels by 18.5% during the fourth 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 during the period. Focus Partners Wealth purchased a new stake in shares of Energy Fuels during the fourth quarter worth approximately $5,467,000. Summit Financial LLC purchased a new stake in shares of Energy Fuels during the fourth quarter worth approximately $4,840,000. Dimensional Fund Advisors LP purchased a new stake in shares of Energy Fuels during the fourth quarter worth approximately $2,708,000. Finally, Renaissance Technologies LLC purchased a new stake in shares of Energy Fuels during the fourth quarter worth approximately $2,536,000. 48.24% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. Roth Capital downgraded Energy Fuels from a “buy” rating to a “neutral” rating and set a $6.00 price objective for the company. in a report on Friday. HC Wainwright decreased their price objective on Energy Fuels from $10.75 to $10.00 and set a “buy” rating for the company in a report on Friday, May 9th.

Energy Fuels Price Performance

UUUU opened at $6.60 on Friday. The stock has a market capitalization of $1.31 billion, a price-to-earnings ratio of -15.35 and a beta of 1.68. The business has a 50-day moving average of $5.35 and a two-hundred day moving average of $5.02. Energy Fuels Inc has a 12 month low of $3.20 and a 12 month high of $7.47.

Insiders Place Their Bets

In other Energy Fuels news, VP Timothy James Carstens sold 210,612 shares of the company’s stock in a transaction that occurred on Tuesday, June 10th. The stock was sold at an average price of $5.45, for a total value of $1,147,835.40. Following the transaction, the vice president directly owned 517,029 shares of the company’s stock, valued at $2,817,808.05. This represents a 28.94% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In the last three months, insiders sold 218,597 shares of company stock valued at $1,192,142. 1.77% of the stock is owned by corporate insiders.

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.