Energy Fuels Inc. (NYSEAMERICAN:UUUU) Shares Sold by Bridgewater Associates LP

Bridgewater Associates LP trimmed its holdings in Energy Fuels Inc. (NYSEAMERICAN:UUUU) by 43.9% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 928,544 shares of the company’s stock after selling 727,972 shares during the period. Bridgewater Associates LP owned 0.47% of Energy Fuels worth $4,763,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of UUUU. Vanguard Group Inc. grew its holdings in Energy Fuels by 18.5% in the 4th quarter. Vanguard Group Inc. now owns 7,468,726 shares of the company’s stock valued at $38,316,000 after buying an additional 1,164,973 shares in the last quarter. Van ECK Associates Corp increased its position in Energy Fuels by 104.9% during the fourth quarter. Van ECK Associates Corp now owns 4,838,420 shares of the company’s stock worth $24,823,000 after purchasing an additional 2,477,539 shares during the last quarter. Geode Capital Management LLC raised its stake in Energy Fuels by 0.5% during the fourth quarter. Geode Capital Management LLC now owns 2,330,189 shares of the company’s stock worth $11,960,000 after purchasing an additional 11,667 shares during the period. Robertson Stephens Wealth Management LLC boosted its holdings in Energy Fuels by 3.7% in the 4th quarter. Robertson Stephens Wealth Management LLC now owns 1,579,919 shares of the company’s stock valued at $8,105,000 after purchasing an additional 55,709 shares during the last quarter. Finally, Summit Financial LLC purchased a new stake in shares of Energy Fuels in the 4th quarter valued at approximately $4,840,000. 48.24% of the stock is owned by hedge funds and other institutional investors.

Energy Fuels Stock Up 11.7 %

Shares of UUUU opened at $4.95 on Friday. The company has a market capitalization of $983.52 million, a price-to-earnings ratio of -22.50 and a beta of 1.68. Energy Fuels Inc. has a 52-week low of $3.20 and a 52-week high of $7.47. The stock has a 50 day moving average price of $4.44 and a 200 day moving average price of $5.41.

Insider Activity at Energy Fuels

In related news, Director Bruce D. Hansen bought 6,000 shares of the company’s stock in a transaction dated Wednesday, March 19th. The shares were acquired at an average price of $4.25 per share, with a total value of $25,500.00. Following the completion of the acquisition, the director now owns 295,239 shares in the company, valued at approximately $1,254,765.75. This trade represents a 2.07 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Daniel Kapostasy sold 12,350 shares of the stock in a transaction on Friday, March 14th. The stock was sold at an average price of $4.10, for a total value of $50,635.00. Following the sale, the vice president now directly owns 57,705 shares of the company’s stock, valued at approximately $236,590.50. This represents a 17.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.92% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently commented on UUUU shares. Roth Capital set a $5.75 price objective on Energy Fuels in a report on Friday, February 28th. HC Wainwright lowered their price target on Energy Fuels from $11.00 to $10.75 and set a “buy” rating for the company in a report on Friday, February 28th. Finally, Roth Mkm upgraded shares of Energy Fuels from a “neutral” rating to a “buy” rating and set a $5.75 price objective on the stock in a report on Friday, February 28th.

Energy Fuels 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.