Timothy James Carstens Sells 100,000 Shares of Energy Fuels (NYSEAMERICAN:UUUU) Stock

Energy Fuels Inc (NYSEAMERICAN:UUUU) EVP Timothy James Carstens sold 100,000 shares of Energy Fuels stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $14.27, for a total value of $1,427,000.00. Following the completion of the transaction, the executive vice president owned 167,029 shares in the company, valued at $2,383,503.83. The trade was a 37.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Energy Fuels Stock Up 7.4%

Shares of NYSEAMERICAN UUUU traded up $0.94 during mid-day trading on Monday, hitting $13.72. 8,515,554 shares of the company traded hands, compared to its average volume of 13,809,179. Energy Fuels Inc has a 1 year low of $3.20 and a 1 year high of $27.33. The stock has a market capitalization of $3.16 billion, a price-to-earnings ratio of -28.00 and a beta of 1.79. The business has a 50 day moving average of $17.75 and a two-hundred day moving average of $11.25.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on UUUU. Roth Capital downgraded shares of Energy Fuels from a “neutral” rating to a “sell” rating and lifted their target price for the stock from $7.25 to $11.50 in a research report on Wednesday, November 5th. HC Wainwright lowered their price objective on shares of Energy Fuels to $26.75 and set a “buy” rating on the stock in a research report on Tuesday, November 4th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $13.25.

Institutional Investors Weigh In On Energy Fuels

Several institutional investors and hedge funds have recently modified their holdings of UUUU. Farther Finance Advisors LLC raised its stake 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 valued at $26,000 after acquiring an additional 1,643 shares in the last quarter. SBI Securities Co. Ltd. raised its position in shares of Energy Fuels by 27.5% in 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 period. CacheTech Inc. acquired a new stake in shares of Energy Fuels in the first quarter worth $37,000. Adams Wealth Management bought a new stake in shares of Energy Fuels during the 1st quarter worth $37,000. Finally, ORG Partners LLC grew its stake in Energy Fuels by 111.4% in the 3rd quarter. ORG Partners LLC now owns 2,410 shares of the company’s stock valued at $40,000 after buying an additional 1,270 shares during the last quarter. Institutional investors and hedge funds own 48.24% of the company’s stock.

About Energy Fuels

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.