Energy Fuels Inc $UUUU Shares Sold by Shell Asset Management Co.

Shell Asset Management Co. lessened its stake in shares of Energy Fuels Inc (NYSEAMERICAN:UUUU) by 99.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,400 shares of the company’s stock after selling 750,303 shares during the quarter. Shell Asset Management Co.’s holdings in Energy Fuels were worth $52,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Farther Finance Advisors LLC boosted its position in shares of Energy Fuels by 3,820.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,686 shares of the company’s stock worth $26,000 after purchasing an additional 1,643 shares during the period. ORG Partners LLC lifted its stake in Energy Fuels by 111.4% during the third quarter. ORG Partners LLC now owns 2,410 shares of the company’s stock worth $40,000 after purchasing an additional 1,270 shares in the last quarter. Strs Ohio purchased a new position in shares of Energy Fuels during the third quarter worth $64,000. Ameritas Advisory Services LLC grew its stake in shares of Energy Fuels by 18.8% in the third quarter. Ameritas Advisory Services LLC now owns 4,750 shares of the company’s stock valued at $73,000 after buying an additional 750 shares in the last quarter. Finally, SBI Securities Co. Ltd. raised its holdings in shares of Energy Fuels by 27.5% in the 2nd quarter. SBI Securities Co. Ltd. now owns 6,238 shares of the company’s stock valued at $36,000 after buying an additional 1,344 shares during the period. 48.24% of the stock is owned by hedge funds and other institutional investors.

Energy Fuels Stock Performance

Shares of Energy Fuels stock opened at $21.35 on Monday. The business has a 50-day simple moving average of $19.58 and a 200-day simple moving average of $16.78. Energy Fuels Inc has a one year low of $3.20 and a one year high of $27.90. The company has a market cap of $5.07 billion, a PE ratio of -43.57 and a beta of 1.45.

Insider Activity

In related news, Director Dennis Lyle Higgs sold 10,000 shares of the stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $14.39, for a total value of $143,900.00. Following the transaction, the director owned 167,964 shares of the company’s stock, valued at $2,417,001.96. This represents a 5.62% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Alex G. Morrison sold 38,869 shares of the firm’s stock in a transaction on Monday, December 15th. The shares were sold at an average price of $14.32, for a total value of $556,604.08. Following the completion of the sale, the director owned 110,878 shares in the company, valued at approximately $1,587,772.96. This represents a 25.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 108,463 shares of company stock worth $1,590,243. 1.92% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

UUUU has been the subject of a number of research analyst reports. Roth Mkm upgraded Energy Fuels from a “sell” rating to a “neutral” rating and raised their target price for the company from $13.00 to $15.50 in a report on Wednesday, January 28th. The Goldman Sachs Group initiated coverage on shares of Energy Fuels in a research note on Tuesday, February 10th. They issued a “buy” rating and a $30.00 price objective for the company. B. Riley Financial upped their target price on shares of Energy Fuels to $27.00 and gave the stock a “buy” rating in a research note on Tuesday, January 20th. Finally, HC Wainwright reiterated a “buy” rating and set a $26.75 target price on shares of Energy Fuels in a report on Friday, January 9th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $24.81.

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.