Insider Selling: Energy Fuels (NYSEAMERICAN:UUUU) Director Sells 2,500 Shares of Stock

Energy Fuels Inc (NYSEAMERICAN:UUUU) Director Dennis Lyle Higgs sold 2,500 shares of the stock in a transaction on Friday, August 29th. The shares were sold at an average price of $12.20, for a total value of $30,500.00. Following the sale, the director owned 253,881 shares of the company’s stock, valued at approximately $3,097,348.20. This represents a 0.98% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Dennis Lyle Higgs also recently made the following trade(s):

• On Thursday, August 28th, Dennis Lyle Higgs sold 20,000 shares of Energy Fuels stock. The shares were sold at an average price of $11.79, for a total value of $235,800.00.
• On Monday, August 18th, Dennis Lyle Higgs sold 15,000 shares of Energy Fuels stock. The shares were sold at an average price of $9.79, for a total value of $146,850.00.
• On Friday, August 15th, Dennis Lyle Higgs sold 15,000 shares of Energy Fuels stock. The shares were sold at an average price of $9.70, for a total value of $145,500.00.

Energy Fuels Price Performance

Shares of UUUU stock opened at $11.44 on Thursday. The firm has a market capitalization of $2.54 billion, a price-to-earnings ratio of -23.35 and a beta of 1.76. The business has a fifty day moving average of $8.89 and a 200 day moving average of $6.14. Energy Fuels Inc has a 1 year low of $3.20 and a 1 year high of $13.34.

Energy Fuels (NYSEAMERICAN:UUUU) last issued its earnings results on Wednesday, August 6th. The company reported ($0.10) earnings per share (EPS) for the quarter. The firm 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%.The firm’s revenue for the quarter was up –51.7% on a year-over-year basis. As a group, equities research analysts expect that Energy Fuels Inc will post -0.1 earnings per share for the current year.

Institutional Investors Weigh In On Energy Fuels

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. SBI Securities Co. Ltd. grew its position in Energy Fuels by 27.5% during the 2nd 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 period. D.A. Davidson & CO. grew its position in Energy Fuels by 3.0% during the 2nd quarter. D.A. Davidson & CO. now owns 50,590 shares of the company’s stock worth $291,000 after purchasing an additional 1,493 shares during the period. Wedbush Securities Inc. grew its position in Energy Fuels by 15.8% during the 2nd quarter. Wedbush Securities Inc. now owns 12,850 shares of the company’s stock worth $74,000 after purchasing an additional 1,750 shares during the period. PNC Financial Services Group Inc. grew its position in shares of Energy Fuels by 27.1% during the 2nd quarter. PNC Financial Services Group Inc. now owns 8,649 shares of the company’s stock valued at $50,000 after acquiring an additional 1,844 shares during the period. Finally, ProShare Advisors LLC grew its position in shares of Energy Fuels by 5.2% during the 2nd quarter. ProShare Advisors LLC now owns 42,712 shares of the company’s stock valued at $246,000 after acquiring an additional 2,116 shares during the period. 48.24% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. HC Wainwright restated a “buy” rating and issued a $12.00 target price (up previously from $10.00) on shares of Energy Fuels in a research note on Friday, August 8th. Roth Capital lowered Energy Fuels from a “buy” rating to a “neutral” rating and set a $6.00 target price for the company. in a research note on Friday, July 11th. Finally, B. Riley began coverage on Energy Fuels in a research note on Wednesday, July 23rd. They issued a “buy” rating and a $9.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Buy” and an average price target of $8.19.

Energy Fuels Company Profile

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.