Barclays PLC Has $1.33 Million Holdings in enCore Energy Corp. (NASDAQ:EU)

Barclays PLC lessened its stake in enCore Energy Corp. (NASDAQ:EU) by 27.7% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 329,730 shares of the company’s stock after selling 126,319 shares during the quarter. Barclays PLC owned about 0.18% of enCore Energy worth $1,332,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp lifted its stake in enCore Energy by 22.9% in the second quarter. Bank of New York Mellon Corp now owns 515,641 shares of the company’s stock valued at $2,032,000 after buying an additional 95,925 shares in the last quarter. Principal Financial Group Inc. raised its holdings in shares of enCore Energy by 19.6% during the second quarter. Principal Financial Group Inc. now owns 22,317 shares of the company’s stock worth $88,000 after acquiring an additional 3,652 shares during the period. Rhumbline Advisers grew its holdings in shares of enCore Energy by 7.1% during the second quarter. Rhumbline Advisers now owns 260,172 shares of the company’s stock worth $1,025,000 after buying an additional 17,191 shares in the last quarter. American Century Companies Inc. acquired a new stake in enCore Energy in the 2nd quarter valued at approximately $179,000. Finally, Rathbones Group PLC acquired a new position in enCore Energy during the second quarter worth $39,000. Institutional investors and hedge funds own 20.86% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright reissued a “buy” rating and issued a $7.00 target price on shares of enCore Energy in a research note on Tuesday, November 19th.

Insider Activity at enCore Energy

In related news, Director William M. Sheriff sold 24,000 shares of the business’s stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $3.55, for a total value of $85,200.00. Following the completion of the sale, the director now directly owns 2,144,055 shares in the company, valued at $7,611,395.25. The trade was a 1.11 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

enCore Energy Price Performance

Shares of EU opened at $3.37 on Monday. The company’s 50-day moving average is $3.56 and its 200-day moving average is $3.73. The firm has a market capitalization of $627.21 million, a PE ratio of -12.04 and a beta of 0.14. enCore Energy Corp. has a fifty-two week low of $3.02 and a fifty-two week high of $5.05.

About enCore Energy

enCore Energy Corp. engages in the acquisition, exploration, and development of uranium resource properties in the United States. It holds a 100% interest in Crownpoint and Hosta Butte uranium project area covers 3,020 acres located in the Grants Uranium Belt, New Mexico. The company also holds interest in the Marquez-Juan Tafoya property comprises 14,582 acres located in McKinley and Sandoval counties of New Mexico; and the Nose Rock project comprising 42 owned unpatented lode mining claims comprising approximately 800 acres located in McKinley County, New Mexico.