Energy Fuels Target of Unusually Large Options Trading (NYSEAMERICAN:UUUU)

Energy Fuels Inc (NYSEAMERICAN:UUUU) was the target of some unusual options trading on Tuesday. Stock traders acquired 28,236 call options on the company. Thisrepresentsanincreaseofapproximately34% compared to the average volume of 21,058 call options.

Insider Activity

In other Energy Fuels news, EVP Timothy James Carstens sold 250,000 shares of the stock in a transaction that occurred on Friday, August 8th. The shares were sold at an average price of $10.44, for a total transaction of $2,610,000.00. Following the transaction, the executive vice president directly owned 267,029 shares in the company, valued at $2,787,782.76. This trade represents a 48.35% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Dennis Lyle Higgs sold 15,000 shares of the business’s stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $9.79, for a total value of $146,850.00. Following the completion of the sale, the director directly owned 276,382 shares of the company’s stock, valued at approximately $2,705,779.78. This trade represents a 5.15% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 498,597 shares of company stock valued at $4,094,492. Corporate insiders own 1.92% of the company’s stock.

Hedge Funds Weigh In On Energy Fuels

Hedge funds and other institutional investors have recently modified their holdings of the stock. Northern Trust Corp lifted its position in Energy Fuels by 6.1% during the fourth quarter. Northern Trust Corp now owns 1,155,495 shares of the company’s stock valued at $5,928,000 after purchasing an additional 66,202 shares during the last quarter. Alps Advisors Inc. lifted its holdings in shares of Energy Fuels by 29.0% in the 1st quarter. Alps Advisors Inc. now owns 15,933,699 shares of the company’s stock worth $59,433,000 after acquiring an additional 3,584,798 shares during the last quarter. Millennium Management LLC lifted its holdings in shares of Energy Fuels by 682.4% in the 4th quarter. Millennium Management LLC now owns 155,400 shares of the company’s stock worth $797,000 after acquiring an additional 135,538 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Energy Fuels by 99.5% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 286,156 shares of the company’s stock worth $1,468,000 after acquiring an additional 142,733 shares during the last quarter. Finally, MMCAP International Inc. SPC lifted its holdings in shares of Energy Fuels by 47.7% in the 1st quarter. MMCAP International Inc. SPC now owns 2,220,525 shares of the company’s stock worth $8,283,000 after acquiring an additional 716,714 shares during the last quarter. Institutional investors own 48.24% of the company’s stock.

Energy Fuels Price Performance

Shares of NYSEAMERICAN UUUU opened at $8.47 on Wednesday. The firm has a fifty day moving average price of $7.71 and a 200-day moving average price of $5.72. The stock has a market cap of $1.88 billion, a PE ratio of -17.29 and a beta of 1.71. Energy Fuels has a 1 year low of $3.20 and a 1 year high of $10.74.

Wall Street Analyst Weigh In

Several research analysts have issued reports on UUUU shares. HC Wainwright reaffirmed a “buy” rating and issued a $12.00 target price (up from $10.00) on shares of Energy Fuels in a report on Friday, August 8th. Roth Capital cut shares of Energy Fuels from a “buy” rating to a “neutral” rating and set a $6.00 target price for the company. in a report on Friday, July 11th. Finally, B. Riley started coverage on shares of Energy Fuels in a report on Wednesday, July 23rd. They issued a “buy” rating and a $9.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $8.19.

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.