SG Americas Securities LLC lowered its position in shares of Energy Fuels Inc. (NYSE:UUUU - Free Report) by 58.8% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 77,281 shares of the company's stock after selling 110,175 shares during the period. SG Americas Securities LLC's holdings in Energy Fuels were worth $396,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently modified their holdings of the company. Van ECK Associates Corp grew its stake in shares of Energy Fuels by 84.8% in the third quarter. Van ECK Associates Corp now owns 2,360,881 shares of the company's stock worth $12,961,000 after purchasing an additional 1,083,480 shares during the last quarter. Geode Capital Management LLC boosted its stake in Energy Fuels by 14.1% during the third quarter. Geode Capital Management LLC now owns 2,318,522 shares of the company's stock worth $12,731,000 after acquiring an additional 285,680 shares in the last quarter. Bridgewater Associates LP increased its stake in shares of Energy Fuels by 8.8% during the third quarter. Bridgewater Associates LP now owns 1,656,516 shares of the company's stock valued at $9,094,000 after purchasing an additional 134,531 shares in the last quarter. The Manufacturers Life Insurance Company lifted its holdings in shares of Energy Fuels by 233.1% during the third quarter. The Manufacturers Life Insurance Company now owns 904,190 shares of the company's stock valued at $4,966,000 after purchasing an additional 632,713 shares during the last quarter. Finally, Stanley Laman Group Ltd. boosted its position in shares of Energy Fuels by 65.2% in the 3rd quarter. Stanley Laman Group Ltd. now owns 785,521 shares of the company's stock worth $4,313,000 after purchasing an additional 309,958 shares in the last quarter. Hedge funds and other institutional investors own 48.24% of the company's stock.
Insiders Place Their Bets
In other Energy Fuels news, Director Dennis Lyle Higgs sold 18,615 shares of the stock in a transaction that occurred on Tuesday, November 19th. The shares were sold at an average price of $7.23, for a total value of $134,586.45. Following the transaction, the director now directly owns 291,422 shares in the company, valued at approximately $2,106,981.06. This trade represents a 6.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director J. Birks Bovaird sold 10,000 shares of Energy Fuels stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $5.44, for a total transaction of $54,400.00. Following the transaction, the director now owns 178,380 shares in the company, valued at $970,387.20. This represents a 5.31 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 46,115 shares of company stock valued at $289,086. Company insiders own 1.92% of the company's stock.
Wall Street Analyst Weigh In
A number of research analysts have issued reports on the company. HC Wainwright reiterated a "buy" rating and set a $11.00 price objective on shares of Energy Fuels in a research note on Wednesday, December 11th. Roth Mkm lowered their price target on Energy Fuels from $6.00 to $5.50 and set a "neutral" rating for the company in a research report on Monday, November 4th.
Check Out Our Latest Stock Analysis on Energy Fuels
Energy Fuels Price Performance
NYSE UUUU traded down $0.26 during mid-day trading on Thursday, reaching $5.07. The stock had a trading volume of 10,078,990 shares, compared to its average volume of 6,164,934. The company has a fifty day moving average price of $5.70 and a 200 day moving average price of $5.60. Energy Fuels Inc. has a 1 year low of $4.19 and a 1 year high of $7.47. The stock has a market cap of $1.01 billion, a PE ratio of -23.05 and a beta of 1.68.
About Energy Fuels
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Free Report)
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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