Geode Capital Management LLC Buys 285,680 Shares of Energy Fuels Inc. (NYSE:UUUU)

Geode Capital Management LLC boosted its stake in shares of Energy Fuels Inc. (NYSE:UUUU) by 14.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,318,522 shares of the company’s stock after purchasing an additional 285,680 shares during the quarter. Geode Capital Management LLC owned about 1.19% of Energy Fuels worth $12,731,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Barclays PLC boosted its position in shares of Energy Fuels by 126.6% in the third quarter. Barclays PLC now owns 412,137 shares of the company’s stock valued at $2,262,000 after acquiring an additional 230,259 shares during the period. Bridgewater Associates LP boosted its position in shares of Energy Fuels by 8.8% in the third quarter. Bridgewater Associates LP now owns 1,656,516 shares of the company’s stock valued at $9,094,000 after acquiring an additional 134,531 shares during the period. The Manufacturers Life Insurance Company boosted its position in shares of Energy Fuels by 233.1% in the third quarter. The Manufacturers Life Insurance Company now owns 904,190 shares of the company’s stock valued at $4,966,000 after acquiring an additional 632,713 shares during the period. Van ECK Associates Corp boosted its position in shares of Energy Fuels by 44.4% in the second quarter. Van ECK Associates Corp now owns 1,277,401 shares of the company’s stock valued at $7,742,000 after acquiring an additional 392,862 shares during the period. Finally, HighTower Advisors LLC boosted its position in shares of Energy Fuels by 4.5% in the third quarter. HighTower Advisors LLC now owns 126,001 shares of the company’s stock valued at $691,000 after acquiring an additional 5,404 shares during the period. 48.24% of the stock is owned by institutional investors.

Energy Fuels Stock Down 1.7 %

UUUU opened at $5.11 on Tuesday. Energy Fuels Inc. has a twelve month low of $4.19 and a twelve month high of $8.21. The company has a 50-day simple moving average of $6.29 and a 200 day simple moving average of $5.72. The stock has a market capitalization of $1.00 billion, a price-to-earnings ratio of -23.23 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). Energy Fuels had a negative return on equity of 9.16% and a negative net margin of 90.40%. The firm had revenue of $4.05 million for the quarter, compared to the consensus estimate of $5.10 million. Sell-side analysts anticipate that Energy Fuels Inc. will post -0.1 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Roth Mkm reduced 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 report on Monday, November 4th. HC Wainwright reissued a “buy” rating and issued a $11.00 target price on shares of Energy Fuels in a research report on Wednesday, December 11th.

Insider Buying and Selling

In other Energy Fuels news, Director Dennis Lyle Higgs sold 18,615 shares of the business’s stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $7.23, for a total transaction of $134,586.45. Following the completion of the transaction, the director now owns 291,422 shares of the company’s stock, valued at approximately $2,106,981.06. The trade was a 6.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Alex G. Morrison sold 17,500 shares of the business’s stock in a transaction dated Wednesday, December 18th. The stock was sold at an average price of $5.72, for a total value of $100,100.00. Following the transaction, the director now directly owns 165,528 shares of the company’s stock, valued at approximately $946,820.16. The trade was a 9.56 % decrease in their position. The disclosure for this sale can be found here. 1.92% of the stock is currently 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.