Kovitz Investment Group Partners LLC Makes New $59,000 Investment in Energy Fuels Inc $UUUU

Kovitz Investment Group Partners LLC purchased a new stake in shares of Energy Fuels Inc (NYSEAMERICAN:UUUU) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 15,905 shares of the company’s stock, valued at approximately $59,000.

A number of other hedge funds also recently bought and sold shares of the company. Alps Advisors Inc. increased its stake in Energy Fuels by 29.0% during the 1st quarter. Alps Advisors Inc. now owns 15,933,699 shares of the company’s stock valued at $59,433,000 after purchasing an additional 3,584,798 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Energy Fuels by 1.4% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,439,379 shares of the company’s stock valued at $58,779,000 after buying an additional 155,087 shares during the last quarter. Ameriprise Financial Inc. increased its position in shares of Energy Fuels by 0.4% during the fourth quarter. Ameriprise Financial Inc. now owns 8,023,303 shares of the company’s stock valued at $41,159,000 after acquiring an additional 31,364 shares in the last quarter. MMCAP International Inc. SPC raised its holdings in 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. Finally, Robertson Stephens Wealth Management LLC raised its holdings in Energy Fuels by 9.9% in the 1st quarter. Robertson Stephens Wealth Management LLC now owns 1,736,441 shares of the company’s stock worth $6,477,000 after acquiring an additional 156,522 shares during the last quarter. Institutional investors own 48.24% of the company’s stock.

Energy Fuels Trading Up 12.6%

Shares of UUUU opened at $10.58 on Friday. The firm has a fifty day simple moving average of $7.95 and a two-hundred day simple moving average of $5.81. The firm has a market cap of $2.35 billion, a PE ratio of -21.59 and a beta of 1.71. Energy Fuels Inc has a 1-year low of $3.20 and a 1-year high of $10.74.

Analysts Set New Price Targets

UUUU has been the topic of several recent analyst reports. B. Riley initiated coverage on Energy Fuels in a research note on Wednesday, July 23rd. They set a “buy” rating and a $9.00 target price on the stock. Roth Capital cut Energy Fuels from a “buy” rating to a “neutral” rating and set a $6.00 price objective on the stock. in a research report on Friday, July 11th. Finally, HC Wainwright reiterated a “buy” rating and issued a $12.00 price objective (up from $10.00) on shares of Energy Fuels in a report on Friday, August 8th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $8.19.

Insiders Place Their Bets

In other Energy Fuels news, Director Dennis Lyle Higgs sold 15,000 shares of the business’s stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $9.79, for a total transaction of $146,850.00. Following the completion of the sale, the director directly owned 276,382 shares in the company, valued at $2,705,779.78. The trade was a 5.15% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Timothy James Carstens sold 250,000 shares of the company’s stock in a transaction dated 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 sale, the executive vice president directly owned 267,029 shares of the company’s stock, valued at $2,787,782.76. The trade was a 48.35% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 498,597 shares of company stock valued at $4,094,492. 1.77% of the stock is owned by company 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.