Maxi Investments CY Ltd Acquires Shares of 12,800 Cameco Corporation $CCJ

Maxi Investments CY Ltd bought a new position in Cameco Corporation (NYSE:CCJ) (TSE:CCO) during the 4th quarter, HoldingsChannel.com reports. The fund bought 12,800 shares of the basic materials company’s stock, valued at approximately $1,171,000.

Other large investors have also made changes to their positions in the company. Legacy Bridge LLC lifted its position in shares of Cameco by 0.9% in the 4th quarter. Legacy Bridge LLC now owns 11,508 shares of the basic materials company’s stock valued at $1,053,000 after acquiring an additional 100 shares in the last quarter. S.A. Mason LLC raised its stake in Cameco by 4.8% during the 4th quarter. S.A. Mason LLC now owns 2,436 shares of the basic materials company’s stock valued at $223,000 after purchasing an additional 111 shares during the period. GAMMA Investing LLC lifted its holdings in shares of Cameco by 19.9% in the fourth quarter. GAMMA Investing LLC now owns 676 shares of the basic materials company’s stock valued at $62,000 after purchasing an additional 112 shares in the last quarter. International Assets Investment Management LLC lifted its holdings in shares of Cameco by 3.1% in the third quarter. International Assets Investment Management LLC now owns 3,938 shares of the basic materials company’s stock valued at $330,000 after purchasing an additional 120 shares in the last quarter. Finally, Eagle Global Advisors LLC boosted its position in shares of Cameco by 2.1% in the fourth quarter. Eagle Global Advisors LLC now owns 6,023 shares of the basic materials company’s stock worth $551,000 after buying an additional 123 shares during the period. Institutional investors and hedge funds own 70.21% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently weighed in on CCJ. Glj Research reiterated a “buy” rating and set a $171.20 price target (up from $100.00) on shares of Cameco in a report on Wednesday, February 18th. Scotiabank restated an “outperform” rating and set a $175.00 price objective on shares of Cameco in a research report on Wednesday. Zacks Research cut Cameco from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 18th. Weiss Ratings downgraded Cameco from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday. Finally, Raymond James Financial reissued an “outperform” rating on shares of Cameco in a research report on Wednesday, January 14th. Eleven analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $153.13.

Cameco Trading Down 4.1%

Cameco stock opened at $118.73 on Friday. Cameco Corporation has a 12 month low of $48.81 and a 12 month high of $135.24. The company has a quick ratio of 1.68, a current ratio of 3.08 and a debt-to-equity ratio of 0.14. The stock has a market cap of $51.71 billion, a P/E ratio of 109.93, a P/E/G ratio of 2.35 and a beta of 1.04. The company’s fifty day simple moving average is $114.87 and its 200-day simple moving average is $105.97.

Cameco (NYSE:CCJ) (TSE:CCO) last announced its quarterly earnings data on Tuesday, May 5th. The basic materials company reported $0.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.29 by $0.05. The business had revenue of $607.49 million during the quarter, compared to analyst estimates of $598.63 million. Cameco had a return on equity of 11.05% and a net margin of 18.38%.Cameco’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same period last year, the company earned $0.16 earnings per share. As a group, sell-side analysts forecast that Cameco Corporation will post 1.17 EPS for the current fiscal year.

Key Headlines Impacting Cameco

Here are the key news stories impacting Cameco this week:

• Positive Sentiment: Analysts remain constructive: several coverage notes flagged Cameco as a top energy/nuclear idea, reinforcing demand expectations for uranium and nuclear services. Read More.
• Positive Sentiment: Stifel Canada reaffirmed a Buy rating and kept its target (C$180), signaling continued institutional support after Q1 results. Read More.
• Positive Sentiment: Bay Street backing: Scotiabank lifted its Cameco price target to $175 (cited optimism around the accelerating nuclear cycle). Read More.
• Positive Sentiment: Bullish commentary and analyst call transcripts highlight strong Q1 results, improved margins and structural demand for uranium — supportive for medium-to-long-term earnings. Read More. Read More.
• Neutral Sentiment: Cameco elected nine directors at its May 7 annual meeting — routine governance update with no immediate operational impact. Read More.
• Neutral Sentiment: Company investor/shareholder/analyst call prepared remarks and transcripts were published; useful for detail on production plans and contract cadence but contained no surprise guidance changes. Read More.
• Neutral Sentiment: Coverage pieces explaining why CCJ is trending summarize the same mix of fundamentals and momentum; helpful for context but not market-moving by themselves. Read More.
• Negative Sentiment: Sector profit-taking: nuclear peers saw sharp moves (big multi-week rallies followed by a pullback), and Cameco slipped amid that rotation — short-term selling pressure after an “explosive” rally. Read More.
• Negative Sentiment: Scotiabank trimmed its FY2027 EPS estimate modestly (from $1.47 to $1.37) — a small downward revision that could temper near-term sentiment despite the bank’s Outperform stance and higher price target.

Cameco Profile

Cameco Corporation (NYSE: CCJ) is a leading producer of uranium and a supplier to the global nuclear power industry. Headquartered in Saskatoon, Saskatchewan, Canada, the company is engaged in the exploration, mining, milling and sale of uranium concentrate, commonly known as yellowcake, which is used as fuel for nuclear reactors. Cameco also participates in services and activities that support the front end of the nuclear fuel cycle, including processing and marketing of uranium to utilities under long‑term and spot contracts.

The company’s operations have historically centered in Canada and the United States, where it operates and develops uranium mining and processing properties.