Inflection Point Holdings II LLC Makes New Investment in USA Rare Earth Inc. $USAR

Inflection Point Holdings II LLC bought a new position in USA Rare Earth Inc. (NASDAQ:USAR) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 3,125,000 shares of the company’s stock, valued at approximately $37,188,000. USA Rare Earth comprises approximately 100.0% of Inflection Point Holdings II LLC’s portfolio, making the stock its largest position. Inflection Point Holdings II LLC owned about 2.36% of USA Rare Earth at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Alyeska Investment Group L.P. lifted its holdings in USA Rare Earth by 44.0% in the third quarter. Alyeska Investment Group L.P. now owns 12,799,325 shares of the company’s stock worth $219,034,000 after acquiring an additional 3,909,455 shares during the last quarter. Bayshore Capital Advisors LLC bought a new position in USA Rare Earth in the fourth quarter worth about $102,378,000. Vanguard Group Inc. lifted its holdings in USA Rare Earth by 533.3% in the fourth quarter. Vanguard Group Inc. now owns 6,036,486 shares of the company’s stock worth $71,834,000 after acquiring an additional 5,083,288 shares during the last quarter. State Street Corp lifted its holdings in USA Rare Earth by 78.4% in the fourth quarter. State Street Corp now owns 5,032,866 shares of the company’s stock worth $59,891,000 after acquiring an additional 2,212,177 shares during the last quarter. Finally, Geode Capital Management LLC lifted its holdings in USA Rare Earth by 213.1% in the fourth quarter. Geode Capital Management LLC now owns 2,170,097 shares of the company’s stock worth $25,829,000 after acquiring an additional 1,476,990 shares during the last quarter.

USA Rare Earth Price Performance

Shares of NASDAQ:USAR opened at $23.55 on Thursday. USA Rare Earth Inc. has a 12 month low of $9.32 and a 12 month high of $43.98. The stock has a market cap of $5.25 billion, a price-to-earnings ratio of -6.01 and a beta of 2.33. The stock’s 50 day moving average price is $23.28 and its 200 day moving average price is $19.80.

USA Rare Earth (NASDAQ:USAR) last announced its earnings results on Wednesday, May 13th. The company reported ($0.12) EPS for the quarter, topping the consensus estimate of ($0.16) by $0.04. The firm had revenue of $5.70 million for the quarter. On average, sell-side analysts expect that USA Rare Earth Inc. will post -0.35 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on USAR. Weiss Ratings raised shares of USA Rare Earth from a “sell (d-)” rating to a “sell (d+)” rating in a report on Thursday, May 14th. Wall Street Zen raised shares of USA Rare Earth from a “strong sell” rating to a “sell” rating in a report on Saturday, May 16th. Needham & Company LLC assumed coverage on shares of USA Rare Earth in a report on Monday, June 1st. They issued a “buy” rating and a $39.00 target price on the stock. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $40.00 price target on shares of USA Rare Earth in a report on Thursday, June 4th. Finally, Roth Mkm reaffirmed a “buy” rating on shares of USA Rare Earth in a report on Thursday, June 4th. Nine analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $36.83.

Insider Transactions at USA Rare Earth

In other USA Rare Earth news, Director Carolyn Trabuco sold 13,000 shares of USA Rare Earth stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $22.77, for a total value of $296,010.00. Following the transaction, the director owned 18,783 shares in the company, valued at approximately $427,688.91. The trade was a 40.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 9.10% of the company’s stock.

USA Rare Earth Company Profile

USA Rare Earth (NASDAQ: USAR) is a development-stage critical minerals company focused on advancing a fully integrated rare earth element (REE) and lithium project in the United States. Its flagship asset is the Round Top deposit in West Texas, a large, polymetallic concentration of light and heavy rare earth elements, lithium and other co-products. The company seeks to move this asset through resource delineation, pilot-scale processing and eventual commercial production to address growing domestic demand for secure REE supply chains.

In addition to exploration, USA Rare Earth is engineering an on-site separation facility that will utilize dry magnetic separation and hydrometallurgical flowsheets to produce mixed rare earth carbonates.