Charles Schwab Investment Management Inc. Acquires 54,780 Shares of Energy Fuels Inc. (NYSE:UUUU)

Charles Schwab Investment Management Inc. increased its position in shares of Energy Fuels Inc. (NYSE:UUUU) by 14.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 439,605 shares of the company’s stock after buying an additional 54,780 shares during the quarter. Charles Schwab Investment Management Inc. owned 0.23% of Energy Fuels worth $2,413,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Eastern Bank acquired a new stake in Energy Fuels during the third quarter valued at approximately $27,000. Ashton Thomas Private Wealth LLC acquired a new stake in Energy Fuels during the second quarter valued at approximately $31,000. Signaturefd LLC boosted its holdings in Energy Fuels by 261.7% during the third quarter. Signaturefd LLC now owns 5,972 shares of the company’s stock valued at $33,000 after purchasing an additional 4,321 shares in the last quarter. Creative Planning acquired a new stake in Energy Fuels during the third quarter valued at approximately $57,000. Finally, Xponance Inc. acquired a new stake in Energy Fuels during the second quarter valued at approximately $61,000. 48.24% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Energy Fuels Price Performance

UUUU stock opened at $5.97 on Monday. The company has a 50 day moving average price of $6.42 and a 200 day moving average price of $5.79. Energy Fuels Inc. has a fifty-two week low of $4.19 and a fifty-two week high of $8.21. The stock has a market capitalization of $1.17 billion, a PE ratio of -27.14 and a beta of 1.64.

Energy Fuels (NYSE:UUUU) last posted its quarterly earnings data on Thursday, October 31st. The company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.02). The company had revenue of $4.05 million during the quarter, compared to the consensus estimate of $5.10 million. Energy Fuels had a negative return on equity of 9.16% and a negative net margin of 90.40%. As a group, equities analysts expect that Energy Fuels Inc. will post -0.1 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Dennis Lyle Higgs sold 18,615 shares of the company’s stock in a transaction on Tuesday, November 19th. The shares were sold at an average price of $7.23, for a total value of $134,586.45. Following the completion of the transaction, the director now directly owns 291,422 shares of the company’s stock, valued at approximately $2,106,981.06. This represents a 6.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 1.92% of the stock is owned by company insiders.

Energy Fuels Company Profile

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.