AXQ Capital LP bought a new position in Energy Fuels Inc (NYSEAMERICAN:UUUU – Free Report) in the third quarter, according to the company in its most recent disclosure with the SEC. The fund bought 24,875 shares of the company’s stock, valued at approximately $382,000.
Several other hedge funds and other institutional investors have also recently modified their holdings of UUUU. Farther Finance Advisors LLC grew its holdings in shares of Energy Fuels by 3,820.9% in the third quarter. Farther Finance Advisors LLC now owns 1,686 shares of the company’s stock worth $26,000 after acquiring an additional 1,643 shares during the period. SBI Securities Co. Ltd. boosted its position in Energy Fuels by 27.5% in the second quarter. SBI Securities Co. Ltd. now owns 6,238 shares of the company’s stock worth $36,000 after purchasing an additional 1,344 shares during the last quarter. ORG Partners LLC grew its stake in shares of Energy Fuels by 111.4% during the 3rd quarter. ORG Partners LLC now owns 2,410 shares of the company’s stock valued at $40,000 after purchasing an additional 1,270 shares during the period. Bessemer Group Inc. grew its stake in shares of Energy Fuels by 19,230.8% during the 2nd quarter. Bessemer Group Inc. now owns 7,539 shares of the company’s stock valued at $43,000 after purchasing an additional 7,500 shares during the period. Finally, Steward Partners Investment Advisory LLC increased its position in shares of Energy Fuels by 38.4% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 8,527 shares of the company’s stock valued at $49,000 after purchasing an additional 2,368 shares during the last quarter. 48.24% of the stock is owned by institutional investors.
Insider Activity
In other news, EVP Timothy James Carstens sold 59,594 shares of the firm’s stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $14.93, for a total transaction of $889,738.42. Following the completion of the transaction, the executive vice president owned 107,435 shares in the company, valued at $1,604,004.55. This trade represents a 35.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Alex G. Morrison sold 38,869 shares of the firm’s stock in a transaction that occurred 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 transaction, the director owned 110,878 shares of the company’s stock, valued at $1,587,772.96. This represents a 25.96% decrease in their position. The SEC filing for this sale provides additional information. 1.77% of the stock is owned by corporate insiders.
Wall Street Analyst Weigh In
Check Out Our Latest Analysis on UUUU
Energy Fuels Stock Down 0.7%
Shares of Energy Fuels stock opened at $22.60 on Thursday. Energy Fuels Inc has a 52 week low of $3.20 and a 52 week high of $27.90. The company has a market capitalization of $5.36 billion, a price-to-earnings ratio of -46.12 and a beta of 1.45. The stock’s 50-day simple moving average is $20.08 and its 200-day simple moving average is $16.99.
About Energy Fuels
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.
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