Geneos Wealth Management Inc. raised its holdings in Energy Fuels Inc (NYSEAMERICAN:UUUU – Free Report) by 25.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 46,851 shares of the company’s stock after buying an additional 9,400 shares during the period. Geneos Wealth Management Inc.’s holdings in Energy Fuels were worth $175,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also recently made changes to their positions in the company. Byrne Asset Management LLC lifted its stake in shares of Energy Fuels by 114.6% in the first quarter. Byrne Asset Management LLC now owns 7,727 shares of the company’s stock valued at $29,000 after buying an additional 4,127 shares in the last quarter. Adams Wealth Management bought a new position in shares of Energy Fuels in the first quarter valued at $37,000. CacheTech Inc. bought a new position in shares of Energy Fuels in the first quarter valued at $37,000. Joel Isaacson & Co. LLC bought a new position in shares of Energy Fuels in the first quarter valued at $38,000. Finally, Wealthspan Partners LLC lifted its stake in shares of Energy Fuels by 30.0% in the first quarter. Wealthspan Partners LLC now owns 13,000 shares of the company’s stock valued at $48,000 after buying an additional 3,000 shares in the last quarter. 48.24% of the stock is owned by institutional investors.
Analysts Set New Price Targets
UUUU has been the topic of a number of recent research reports. Roth Capital lowered shares of Energy Fuels from a “buy” rating to a “neutral” rating and set a $6.00 price objective on the stock. in a research note on Friday, July 11th. HC Wainwright reissued a “buy” rating and set a $12.00 price target (up from $10.00) on shares of Energy Fuels in a research report on Friday, August 8th. Finally, 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. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $8.19.
Insider Buying and Selling at Energy Fuels
In other news, VP Scott Bakken sold 4,629 shares of Energy Fuels stock in a transaction dated Thursday, August 28th. The shares were sold at an average price of $12.00, for a total value of $55,548.00. Following the completion of the transaction, the vice president owned 108,817 shares in the company, valued at $1,305,804. This trade represents a 4.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Timothy James Carstens sold 250,000 shares of Energy Fuels stock in a transaction dated Friday, August 8th. The stock was sold at an average price of $10.44, for a total transaction of $2,610,000.00. Following the completion of the transaction, the executive vice president 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. Insiders have sold 591,224 shares of company stock worth $6,384,109 over the last three months. Company insiders own 1.92% of the company’s stock.
Energy Fuels Stock Down 3.0%
Energy Fuels stock opened at $13.41 on Wednesday. Energy Fuels Inc has a twelve month low of $3.20 and a twelve month high of $14.41. The firm has a 50 day moving average price of $10.06 and a 200-day moving average price of $6.59. The company has a market capitalization of $2.98 billion, a P/E ratio of -27.37 and a beta of 1.76.
Energy Fuels (NYSEAMERICAN:UUUU – Get Free Report) last posted its earnings results on Wednesday, August 6th. The company reported ($0.10) earnings per share for the quarter, missing the consensus estimate of ($0.04) by ($0.06). The business 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%.Energy Fuels’s quarterly revenue was up –51.7% on a year-over-year basis. Equities analysts expect that Energy Fuels Inc will post -0.1 EPS for the current fiscal year.
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.
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