Nuveen LLC Buys New Holdings in Energy Fuels Inc $UUUU

Nuveen LLC purchased a new stake in shares of Energy Fuels Inc (NYSEAMERICAN:UUUU) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 599,902 shares of the company’s stock, valued at approximately $2,233,000. Nuveen LLC owned about 0.30% of Energy Fuels as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Alps Advisors Inc. lifted its holdings in 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 buying an additional 3,584,798 shares during the period. Focus Partners Wealth purchased a new stake in Energy Fuels in the fourth quarter worth $5,467,000. MMCAP International Inc. SPC boosted its holdings in Energy Fuels by 47.7% in the first quarter. MMCAP International Inc. SPC now owns 2,220,525 shares of the company’s stock valued at $8,283,000 after acquiring an additional 716,714 shares in the last quarter. Dimensional Fund Advisors LP purchased a new position in Energy Fuels during the 4th quarter valued at $2,708,000. 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 purchasing an additional 156,522 shares in the last quarter. Hedge funds and other institutional investors own 48.24% of the company’s stock.

Energy Fuels Stock Performance

UUUU opened at $11.56 on Friday. The stock’s 50 day moving average price is $8.54 and its 200-day moving average price is $6.01. Energy Fuels Inc has a one year low of $3.20 and a one year high of $13.34. The stock has a market cap of $2.57 billion, a price-to-earnings ratio of -23.59 and a beta of 1.71.

Insider Buying and Selling at Energy Fuels

In other news, Director Dennis Lyle Higgs sold 15,000 shares of the business’s stock in a transaction on Monday, August 18th. The stock was sold at an average price of $9.79, for a total value of $146,850.00. Following the completion of the transaction, the director directly owned 276,382 shares of the company’s stock, valued at approximately $2,705,779.78. The trade was a 5.15% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Scott Bakken sold 4,629 shares of the stock in a transaction dated Thursday, August 28th. The shares were sold at an average price of $12.00, for a total transaction of $55,548.00. Following the sale, the vice president directly owned 108,817 shares of the company’s stock, valued at approximately $1,305,804. The trade was a 4.08% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 765,421 shares of company stock worth $7,061,271 over the last quarter. 1.77% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

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

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.