SG Americas Securities LLC Acquires 616,097 Shares of Energy Fuels Inc $UUUU

SG Americas Securities LLC increased its holdings in shares of Energy Fuels Inc (NYSEAMERICAN:UUUU) by 1,249.2% during the third quarter, Holdings Channel reports. The fund owned 665,416 shares of the company’s stock after acquiring an additional 616,097 shares during the quarter. SG Americas Securities LLC’s holdings in Energy Fuels were worth $10,214,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in UUUU. AQR Capital Management LLC bought a new position in Energy Fuels during the first quarter worth $871,000. NewEdge Advisors LLC lifted its stake in shares of Energy Fuels by 67.7% during the 1st quarter. NewEdge Advisors LLC now owns 57,876 shares of the company’s stock worth $216,000 after buying an additional 23,356 shares during the last quarter. Focus Partners Wealth boosted its holdings in shares of Energy Fuels by 16.0% during the 1st quarter. Focus Partners Wealth now owns 1,236,449 shares of the company’s stock worth $4,612,000 after buying an additional 170,699 shares during the period. Geneos Wealth Management Inc. boosted its holdings in shares of Energy Fuels by 25.1% during the 1st quarter. Geneos Wealth Management Inc. now owns 46,851 shares of the company’s stock worth $175,000 after buying an additional 9,400 shares during the period. Finally, Signal Advisors Wealth LLC acquired a new position in Energy Fuels in the 2nd quarter valued at about $62,000. Institutional investors and hedge funds own 48.24% of the company’s stock.

Energy Fuels Stock Performance

NYSEAMERICAN:UUUU opened at $18.16 on Friday. Energy Fuels Inc has a 52 week low of $3.20 and a 52 week high of $27.33. The firm’s 50-day simple moving average is $15.39 and its 200 day simple moving average is $13.65. The firm has a market cap of $4.31 billion, a price-to-earnings ratio of -37.06 and a beta of 1.47.

Insider Activity at Energy Fuels

In related news, CEO Mark Chalmers sold 150,000 shares of the stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $15.60, for a total transaction of $2,340,000.00. Following the sale, the chief executive officer owned 911,343 shares of the company’s stock, valued at $14,216,950.80. This represents a 14.13% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Dennis Lyle Higgs sold 15,000 shares of the firm’s stock in a transaction on Monday, November 24th. The stock was sold at an average price of $13.61, for a total value of $204,150.00. Following the transaction, the director owned 177,964 shares in the company, valued at approximately $2,422,090.04. This trade represents a 7.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 463,119 shares of company stock valued at $6,935,437. 1.77% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several brokerages have issued reports on UUUU. HC Wainwright restated a “buy” rating and set a $26.75 price objective on shares of Energy Fuels in a research report on Friday. Roth Capital reiterated a “sell” rating on shares of Energy Fuels in a research note on Tuesday, December 30th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $13.25.

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.