Sapient Capital LLC decreased its position in shares of Energy Fuels Inc (NYSEAMERICAN:UUUU – Free Report) by 90.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 32,569 shares of the company’s stock after selling 323,125 shares during the period. Sapient Capital LLC’s holdings in Energy Fuels were worth $472,000 at the end of the most recent quarter.
Other hedge funds also recently bought and sold shares of the company. Prime Capital Investment Advisors LLC acquired a new position in shares of Energy Fuels during the 4th quarter worth about $990,000. TD Asset Management Inc boosted its stake in Energy Fuels by 7.6% during the 4th quarter. TD Asset Management Inc now owns 1,733,338 shares of the company’s stock valued at $25,139,000 after purchasing an additional 122,086 shares during the period. Vanguard Group Inc. grew its holdings in Energy Fuels by 26.1% in the 4th quarter. Vanguard Group Inc. now owns 14,978,848 shares of the company’s stock valued at $217,449,000 after buying an additional 3,095,806 shares during the last quarter. Goehring & Rozencwajg Associates LLC increased its position in Energy Fuels by 20.8% in the 1st quarter. Goehring & Rozencwajg Associates LLC now owns 1,484,902 shares of the company’s stock worth $27,099,000 after buying an additional 255,494 shares during the period. Finally, Deltroit Asset Management UK LLP bought a new position in Energy Fuels in the 4th quarter worth approximately $4,478,000. 48.24% of the stock is currently owned by institutional investors.
Insiders Place Their Bets
In related news, CEO Ross R. Bhappu acquired 74,000 shares of the firm’s stock in a transaction on Tuesday, July 7th. The shares were purchased at an average price of $13.08 per share, with a total value of $967,920.00. Following the acquisition, the chief executive officer directly owned 256,583 shares in the company, valued at $3,356,105.64. The trade was a 40.53% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link. Also, Director Bruce D. Hansen acquired 4,000 shares of the stock in a transaction on Wednesday, July 8th. The stock was bought at an average price of $12.70 per share, with a total value of $50,800.00. Following the transaction, the director directly owned 313,844 shares in the company, valued at approximately $3,985,818.80. This represents a 1.29% increase in their position. The SEC filing for this purchase provides additional information. Company insiders own 0.97% of the company’s stock.
Energy Fuels Stock Up 1.1%
Energy Fuels (NYSEAMERICAN:UUUU – Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The company reported ($0.13) EPS for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.09). The business had revenue of $25.11 million during the quarter. Energy Fuels had a negative return on equity of 11.65% and a negative net margin of 77.75%. As a group, sell-side analysts forecast that Energy Fuels Inc will post -0.17 earnings per share for the current fiscal year.
Analyst Ratings Changes
Several equities research analysts have recently weighed in on UUUU shares. B. Riley Financial reduced their price objective on Energy Fuels from $27.00 to $25.00 and set a “buy” rating for the company in a research report on Monday. The Goldman Sachs Group dropped their price objective on shares of Energy Fuels from $29.00 to $21.00 and set a “buy” rating for the company in a research note on Friday, June 12th. HC Wainwright reaffirmed a “buy” rating and set a $29.00 price objective on shares of Energy Fuels in a report on Monday, June 22nd. Finally, Roth Capital upgraded shares of Energy Fuels from a “neutral” rating to a “buy” rating and set a $16.00 target price on the stock in a research report on Friday. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Energy Fuels has a consensus rating of “Buy” and an average price target of $22.75.
View Our Latest Analysis on Energy Fuels
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.
Further Reading
- Five stocks we like better than Energy Fuels
- SoundHound AI Sends a Loud Signal After Its Q2 Earnings Beat
- 3 Dividend Champion Utilities for a Market That Can’t Sit Still
- These 3 Most-Upgraded Stocks Have Almost Nothing to Do With AI
- First Solar’s Profit Engine Faces a New Policy Test in Washington
Want to see what other hedge funds are holding UUUU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Energy Fuels Inc (NYSEAMERICAN:UUUU – Free Report).
Receive News & Ratings for Energy Fuels Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Energy Fuels and related companies with MarketBeat.com's FREE daily email newsletter.
