Energy Fuels Inc $UUUU Stake Lifted by HighTower Advisors LLC

HighTower Advisors LLC boosted its stake in Energy Fuels Inc (NYSEAMERICAN:UUUU) by 50.5% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 205,562 shares of the company’s stock after purchasing an additional 68,933 shares during the period. HighTower Advisors LLC’s holdings in Energy Fuels were worth $3,155,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently modified their holdings of the company. Farther Finance Advisors LLC increased its holdings in shares of Energy Fuels by 3,820.9% in the 3rd 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. lifted its stake in Energy Fuels by 27.5% during the second quarter. SBI Securities Co. Ltd. now owns 6,238 shares of the company’s stock valued at $36,000 after purchasing an additional 1,344 shares during the last quarter. 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 valued at $40,000 after purchasing an additional 1,270 shares during the last quarter. Bessemer Group Inc. grew its position in Energy Fuels by 19,230.8% in the second quarter. Bessemer Group Inc. now owns 7,539 shares of the company’s stock worth $43,000 after buying an additional 7,500 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC increased its holdings in shares of Energy Fuels by 38.4% in the second quarter. Steward Partners Investment Advisory LLC now owns 8,527 shares of the company’s stock valued at $49,000 after buying an additional 2,368 shares in the last quarter. Institutional investors and hedge funds own 48.24% of the company’s stock.

Energy Fuels Price Performance

NYSEAMERICAN:UUUU opened at $22.84 on Friday. Energy Fuels Inc has a fifty-two week low of $3.20 and a fifty-two week high of $27.90. The stock’s 50-day moving average is $20.26 and its two-hundred day moving average is $17.03. The stock has a market cap of $5.42 billion, a PE ratio of -46.61 and a beta of 1.45.

Wall Street Analyst Weigh In

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

Insider Activity

In related news, EVP Timothy James Carstens sold 59,594 shares of the stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $14.93, for a total value of $889,738.42. Following the transaction, the executive vice president owned 107,435 shares in the company, valued at approximately $1,604,004.55. This represents a 35.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Alex G. Morrison sold 38,869 shares of Energy Fuels stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $14.32, for a total transaction of $556,604.08. Following the completion of the sale, the director owned 110,878 shares of the company’s stock, valued at $1,587,772.96. This trade represents a 25.96% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.77% of the stock is owned by insiders.

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.