Goehring & Rozencwajg Associates LLC Boosts Stake in Uranium Energy Corp. (NYSEAMERICAN:UEC)

Goehring & Rozencwajg Associates LLC increased its stake in Uranium Energy Corp. (NYSEAMERICAN:UEC) by 10.7% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,713,030 shares of the basic materials company’s stock after buying an additional 165,500 shares during the period. Uranium Energy accounts for about 2.0% of Goehring & Rozencwajg Associates LLC’s holdings, making the stock its 18th largest holding. Goehring & Rozencwajg Associates LLC owned 0.42% of Uranium Energy worth $10,295,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. MQS Management LLC purchased a new stake in shares of Uranium Energy in the 2nd quarter worth approximately $124,000. Blair William & Co. IL grew its stake in shares of Uranium Energy by 5.3% in the 2nd quarter. Blair William & Co. IL now owns 169,000 shares of the basic materials company’s stock worth $1,016,000 after buying an additional 8,500 shares during the last quarter. One Capital Management LLC purchased a new stake in shares of Uranium Energy in the 2nd quarter worth approximately $526,000. Dimensional Fund Advisors LP grew its stake in shares of Uranium Energy by 18.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 5,954,561 shares of the basic materials company’s stock worth $35,786,000 after buying an additional 947,773 shares during the last quarter. Finally, Vanguard Capital Wealth Advisors grew its stake in shares of Uranium Energy by 40.0% in the 2nd quarter. Vanguard Capital Wealth Advisors now owns 14,000 shares of the basic materials company’s stock worth $84,000 after buying an additional 4,000 shares during the last quarter. Hedge funds and other institutional investors own 62.28% of the company’s stock.

Insider Transactions at Uranium Energy

In related news, CEO Amir Adnani purchased 60,000 shares of the business’s stock in a transaction on Friday, September 6th. The stock was acquired at an average price of $4.10 per share, with a total value of $246,000.00. Following the completion of the acquisition, the chief executive officer now owns 4,242,326 shares of the company’s stock, valued at approximately $17,393,536.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, EVP Scott Melbye acquired 9,500 shares of the firm’s stock in a transaction dated Friday, September 6th. The shares were purchased at an average cost of $4.18 per share, for a total transaction of $39,710.00. Following the transaction, the executive vice president now directly owns 988,031 shares of the company’s stock, valued at $4,129,969.58. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Amir Adnani bought 60,000 shares of the stock in a transaction that occurred on Friday, September 6th. The shares were purchased at an average price of $4.10 per share, for a total transaction of $246,000.00. Following the purchase, the chief executive officer now owns 4,242,326 shares in the company, valued at approximately $17,393,536.60. The disclosure for this purchase can be found here. Corporate insiders own 2.40% of the company’s stock.

Uranium Energy Trading Down 0.7 %

Uranium Energy stock opened at $4.95 on Thursday. The company’s 50-day moving average price is $6.52. Uranium Energy Corp. has a 52-week low of $4.06 and a 52-week high of $8.34. The company has a market cap of $2.02 billion, a P/E ratio of -164.83 and a beta of 1.84.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. HC Wainwright reaffirmed a “buy” rating and issued a $10.25 price objective on shares of Uranium Energy in a research report on Wednesday, August 14th. Roth Mkm reaffirmed a “buy” rating and issued a $9.00 price objective on shares of Uranium Energy in a research report on Wednesday, August 14th. One equities research analyst has rated the stock with a sell rating and four have assigned a buy rating to the company. Based on data from MarketBeat, Uranium Energy presently has a consensus rating of “Moderate Buy” and an average price target of $10.19.

Uranium Energy Company Profile

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.