Vanguard Group Inc. Cuts Holdings in Energy Fuels Inc $UUUU

Vanguard Group Inc. decreased its position in Energy Fuels Inc (NYSEAMERICAN:UUUU) by 0.2% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 7,456,057 shares of the company’s stock after selling 12,669 shares during the period. Vanguard Group Inc. owned about 3.75% of Energy Fuels worth $27,807,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Mackenzie Financial Corp raised its stake in shares of Energy Fuels by 8.1% during the 1st quarter. Mackenzie Financial Corp now owns 117,836 shares of the company’s stock worth $437,000 after buying an additional 8,801 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Energy Fuels by 13.0% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 103,773 shares of the company’s stock worth $384,000 after buying an additional 11,914 shares during the period. TD Asset Management Inc raised its stake in shares of Energy Fuels by 3.7% during the 1st quarter. TD Asset Management Inc now owns 561,592 shares of the company’s stock worth $2,080,000 after buying an additional 20,243 shares during the period. Cetera Investment Advisers raised its stake in shares of Energy Fuels by 23.5% during the 1st quarter. Cetera Investment Advisers now owns 132,527 shares of the company’s stock worth $494,000 after buying an additional 25,181 shares during the period. Finally, Brookwood Investment Group LLC acquired a new position in shares of Energy Fuels during the 1st quarter worth approximately $70,000. 48.24% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Insiders Place Their Bets

In other Energy Fuels news, Director Dennis Lyle Higgs sold 15,000 shares of the firm’s stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $9.79, for a total transaction of $146,850.00. Following the sale, the director 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Saleem Drera sold 266,595 shares of the firm’s stock in a transaction that occurred on Monday, August 25th. The stock was sold at an average price of $11.01, for a total transaction of $2,935,210.95. Following the sale, the vice president directly owned 24,474 shares in the company, valued at approximately $269,458.74. The trade was a 91.59% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 760,792 shares of company stock valued at $7,005,723. 1.77% of the stock is owned by corporate insiders.

Energy Fuels Trading Down 7.4%

UUUU stock opened at $11.40 on Thursday. Energy Fuels Inc has a twelve month low of $3.20 and a twelve month high of $13.34. The company’s 50 day moving average is $8.30 and its two-hundred day moving average is $5.93. The stock has a market cap of $2.53 billion, a P/E ratio of -23.27 and a beta of 1.71.

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.