MetLife Investment Management LLC Sells 16,900 Shares of Energy Fuels Inc $UUUU

MetLife Investment Management LLC lowered its stake in Energy Fuels Inc (NYSEAMERICAN:UUUU) by 15.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 95,832 shares of the company’s stock after selling 16,900 shares during the quarter. MetLife Investment Management LLC’s holdings in Energy Fuels were worth $357,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in UUUU. Byrne Asset Management LLC boosted its stake in Energy Fuels by 114.6% in the 1st quarter. Byrne Asset Management LLC now owns 7,727 shares of the company’s stock worth $29,000 after purchasing an additional 4,127 shares during the period. Lionstone Capital Management LLC purchased a new stake in shares of Energy Fuels in the 4th quarter valued at about $35,000. Adams Wealth Management purchased a new stake in shares of Energy Fuels in the 1st quarter valued at about $37,000. CacheTech Inc. purchased a new stake in shares of Energy Fuels in the 1st quarter valued at about $37,000. Finally, Joel Isaacson & Co. LLC purchased a new stake in shares of Energy Fuels in the 1st quarter valued at about $38,000. Institutional investors own 48.24% of the company’s stock.

Insiders Place Their Bets

In related news, Director Dennis Lyle Higgs sold 2,500 shares of Energy Fuels stock in a transaction that occurred on Friday, August 29th. The stock was sold at an average price of $12.20, for a total transaction of $30,500.00. Following the sale, the director directly owned 253,881 shares in the company, valued at $3,097,348.20. The trade was a 0.98% decrease in their ownership of the stock. 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 Energy Fuels stock in a transaction that occurred on Friday, August 8th. The shares were sold at an average price of $10.44, for a total value of $2,610,000.00. Following the sale, the executive vice president owned 267,029 shares in the company, valued at $2,787,782.76. This represents a 48.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 573,724 shares of company stock valued at $6,159,409 in the last 90 days. 1.92% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

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

Energy Fuels Price Performance

Shares of Energy Fuels stock opened at $11.90 on Tuesday. The business’s 50 day simple moving average is $9.24 and its two-hundred day simple moving average is $6.27. The stock has a market capitalization of $2.65 billion, a P/E ratio of -24.29 and a beta of 1.76. Energy Fuels Inc has a one year low of $3.20 and a one year high of $13.34.

Energy Fuels (NYSEAMERICAN:UUUU) last announced its quarterly earnings results on Wednesday, August 6th. The company reported ($0.10) EPS for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.06). The company had revenue of $4.21 million during the quarter. Energy Fuels had a negative return on equity of 17.41% and a negative net margin of 143.05%.The business’s revenue was up –51.7% compared to the same quarter last year. Sell-side analysts expect that Energy Fuels Inc will post -0.1 earnings per share for the current fiscal year.

Energy Fuels 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.