Uranium Energy Corp. (NYSEAMERICAN:UEC) Shares Acquired by Creative Planning

Creative Planning grew its stake in Uranium Energy Corp. (NYSEAMERICAN:UEC) by 13.3% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 50,157 shares of the basic materials company’s stock after buying an additional 5,871 shares during the quarter. Creative Planning’s holdings in Uranium Energy were worth $301,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. ProShare Advisors LLC lifted its holdings in shares of Uranium Energy by 10.6% in the 1st quarter. ProShare Advisors LLC now owns 69,268 shares of the basic materials company’s stock valued at $468,000 after buying an additional 6,643 shares during the period. Vanguard Group Inc. increased its stake in shares of Uranium Energy by 4.6% in the 4th quarter. Vanguard Group Inc. now owns 22,222,813 shares of the basic materials company’s stock valued at $142,226,000 after purchasing an additional 967,448 shares in the last quarter. Driehaus Capital Management LLC increased its stake in shares of Uranium Energy by 1.0% in the 2nd quarter. Driehaus Capital Management LLC now owns 9,147,972 shares of the basic materials company’s stock valued at $54,979,000 after purchasing an additional 90,522 shares in the last quarter. EP Wealth Advisors LLC purchased a new position in shares of Uranium Energy in the 4th quarter valued at about $64,000. Finally, Fourth Sail Capital LP purchased a new position in shares of Uranium Energy in the 1st quarter valued at about $12,695,000. Institutional investors and hedge funds own 62.28% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the company. Roth Mkm lifted their price target on Uranium Energy from $9.00 to $9.50 and gave the company a “buy” rating in a research note on Wednesday, September 25th. HC Wainwright restated a “buy” rating and issued a $10.25 price target on shares of Uranium Energy in a research note on Tuesday, September 24th.

Insider Buying and Selling

In other Uranium Energy news, EVP Scott Melbye purchased 9,500 shares of the firm’s stock in a transaction on Friday, September 6th. The stock was bought at an average price of $4.18 per share, with a total value of $39,710.00. Following the transaction, the executive vice president now directly owns 988,031 shares of the company’s stock, valued at approximately $4,129,969.58. This represents a 0.00 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Uranium Energy news, EVP Scott Melbye purchased 9,500 shares of the firm’s stock in a transaction on Friday, September 6th. The stock was bought at an average price of $4.18 per share, with a total value of $39,710.00. Following the transaction, the executive vice president now directly owns 988,031 shares of the company’s stock, valued at approximately $4,129,969.58. This represents a 0.00 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Amir Adnani purchased 60,000 shares of the firm’s stock in a transaction on Friday, September 6th. The stock was acquired at an average cost of $4.10 per share, with a total value of $246,000.00. Following the transaction, the chief executive officer now directly owns 4,242,326 shares in the company, valued at $17,393,536.60. This trade represents a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 2.40% of the stock is currently owned by corporate insiders.

Uranium Energy Price Performance

Shares of NYSEAMERICAN UEC opened at $8.35 on Friday. The business’s 50 day moving average price is $6.36. The firm has a market cap of $3.44 billion, a P/E ratio of -139.14 and a beta of 1.84. Uranium Energy Corp. has a 1 year low of $4.06 and a 1 year high of $8.66.

Uranium Energy (NYSEAMERICAN:UEC) last announced its quarterly earnings results on Thursday, September 26th. The basic materials company reported ($0.03) earnings per share (EPS) for the quarter. Uranium Energy had a negative return on equity of 4.98% and a negative net margin of 8.20%. As a group, equities research analysts forecast that Uranium Energy Corp. will post 0.09 earnings per share for the current fiscal year.

About Uranium Energy

Uranium Energy Corp., together with its subsidiaries, engages in exploration, pre-extraction, extraction, and processing uranium and titanium concentrates in the United States, Canada, and Paraguay. It owns interests in the Palangana mine, Goliad, Burke Hollow, Longhorn, and Salvo projects located in Texas; Anderson, Workman Creek, and Los Cuatros projects situated in Arizona; Dalton Pass and C de Baca project located in New Mexico; Roughrider, Shea Creek, Christie Lake, Horseshoe-Raven, Hidden Bay, Diabase, West Bear, JCU, and other project located in Canada; and Yuty, Oviedo, and Alto Paraná titanium projects in Paraguay.