Wealthspan Partners LLC Purchases New Holdings in Energy Fuels Inc. (NYSE:UUUU)

Wealthspan Partners LLC acquired a new position in shares of Energy Fuels Inc. (NYSE:UUUU) in the fourth quarter, Holdings Channel reports. The fund acquired 10,000 shares of the company’s stock, valued at approximately $51,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Renaissance Technologies LLC purchased a new stake in shares of Energy Fuels in the second quarter valued at about $415,000. Marshall Wace LLP acquired a new position in shares of Energy Fuels during the 2nd quarter worth $890,000. The Manufacturers Life Insurance Company increased its holdings in shares of Energy Fuels by 1.8% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 271,477 shares of the company’s stock valued at $1,643,000 after purchasing an additional 4,843 shares in the last quarter. SG Americas Securities LLC lifted its stake in shares of Energy Fuels by 440.9% in the third quarter. SG Americas Securities LLC now owns 187,456 shares of the company’s stock valued at $1,029,000 after purchasing an additional 152,799 shares during the period. Finally, Creative Planning purchased a new stake in Energy Fuels during the third quarter worth about $57,000. 48.24% of the stock is currently owned by hedge funds and other institutional investors.

Energy Fuels Trading Down 4.2 %

UUUU stock opened at $5.31 on Monday. The company’s 50 day simple moving average is $5.79 and its 200-day simple moving average is $5.61. Energy Fuels Inc. has a 12 month low of $4.19 and a 12 month high of $8.21.

Energy Fuels (NYSE:UUUU) last announced its earnings results on Thursday, October 31st. The company reported ($0.07) EPS for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.02). Energy Fuels had a negative net margin of 90.40% and a negative return on equity of 9.16%. As a group, analysts predict that Energy Fuels Inc. will post -0.1 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. Roth Mkm lowered their price target on Energy Fuels from $6.00 to $5.50 and set a “neutral” rating on the stock in a report on Monday, November 4th. HC Wainwright restated a “buy” rating and issued a $11.00 price target on shares of Energy Fuels in a research report on Wednesday, December 11th.

Insider Activity

In other Energy Fuels news, Director J. Birks Bovaird sold 10,000 shares of Energy Fuels stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $5.44, for a total value of $54,400.00. Following the completion of the sale, the director now directly owns 178,380 shares of the company’s stock, valued at approximately $970,387.20. The trade was a 5.31 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Alex G. Morrison sold 17,500 shares of Energy Fuels stock in a transaction on Wednesday, December 18th. The shares were sold at an average price of $5.72, for a total value of $100,100.00. Following the completion of the sale, the director now directly owns 165,528 shares of the company’s stock, valued at approximately $946,820.16. This represents a 9.56 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 46,115 shares of company stock worth $289,086 over the last three months. 1.92% of the stock is currently owned by corporate insiders.

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.