Stanley Laman Group Ltd. Decreases Stake in Energy Fuels Inc $UUUU

Stanley Laman Group Ltd. cut its position in Energy Fuels Inc (NYSEAMERICAN:UUUU) by 37.7% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 445,120 shares of the company’s stock after selling 269,202 shares during the period. Energy Fuels accounts for 1.0% of Stanley Laman Group Ltd.’s investment portfolio, making the stock its 21st largest holding. Stanley Laman Group Ltd. owned approximately 0.19% of Energy Fuels worth $6,833,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of UUUU. Moody Aldrich Partners LLC acquired a new position in shares of Energy Fuels during the third quarter worth $2,369,000. Farther Finance Advisors LLC raised its stake in Energy Fuels by 3,820.9% in the third quarter. Farther Finance Advisors LLC now owns 1,686 shares of the company’s stock valued at $26,000 after buying an additional 1,643 shares in the last quarter. Matauro LLC purchased a new stake in Energy Fuels during the 3rd quarter worth about $3,282,000. Accel Wealth Management acquired a new position in shares of Energy Fuels during the 3rd quarter worth about $430,000. Finally, Corient Private Wealth LLC boosted its position in shares of Energy Fuels by 34.4% during the 2nd quarter. Corient Private Wealth LLC now owns 78,057 shares of the company’s stock worth $449,000 after acquiring an additional 20,000 shares in the last quarter. 48.24% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have recently weighed in on UUUU. Roth Capital reissued a “sell” rating on shares of Energy Fuels in a research report on Tuesday, December 30th. HC Wainwright dropped their price target on shares of Energy Fuels to $26.75 and set a “buy” rating on the stock in a research note on Tuesday, November 4th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $13.25.

Insiders Place Their Bets

In other news, CEO Mark Chalmers sold 150,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $15.60, for a total transaction of $2,340,000.00. Following the transaction, the chief executive officer directly owned 911,343 shares in the company, valued at approximately $14,216,950.80. This trade represents a 14.13% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Curtis Moore sold 25,000 shares of Energy Fuels stock in a transaction on Monday, November 17th. The shares were sold at an average price of $15.58, for a total transaction of $389,500.00. Following the completion of the transaction, the vice president directly owned 119,193 shares in the company, valued at $1,857,026.94. The trade was a 17.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 463,119 shares of company stock valued at $6,935,437. 1.92% of the stock is owned by insiders.

Energy Fuels Stock Performance

UUUU opened at $16.68 on Monday. Energy Fuels Inc has a one year low of $3.20 and a one year high of $27.33. The stock has a market capitalization of $3.96 billion, a P/E ratio of -34.04 and a beta of 1.47. The business’s 50-day simple moving average is $15.58 and its 200-day simple moving average is $13.30.

Energy Fuels Company Profile

Energy Fuels Inc (NYSE American: UUUU) is a U.S.-based mineral resources company focused on the production and processing of uranium, rare earth elements and other strategic minerals. The company’s core business activity centers on supplying nuclear fuel to power generators, leveraging a diversified portfolio of conventional and in-situ recovery (ISR) uranium mines located primarily on the Colorado Plateau, in Wyoming and in Texas.

At the heart of Energy Fuels’ operations is the White Mesa Mill in southeastern Utah, the only conventional uranium-vanadium mill currently permitted and operating in the United States.