SG Americas Securities LLC Reduces Stock Position in Energy Fuels Inc. (NYSE:UUUU)

SG Americas Securities LLC decreased its position in Energy Fuels Inc. (NYSE:UUUU) by 58.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 77,281 shares of the company’s stock after selling 110,175 shares during the quarter. SG Americas Securities LLC’s holdings in Energy Fuels were worth $396,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the stock. BNP Paribas Financial Markets boosted its holdings in Energy Fuels by 6.0% in the 3rd quarter. BNP Paribas Financial Markets now owns 29,353 shares of the company’s stock worth $161,000 after buying an additional 1,653 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its position in Energy Fuels by 2.5% during the 3rd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 94,287 shares of the company’s stock valued at $518,000 after purchasing an additional 2,309 shares during the period. FMR LLC raised its stake in Energy Fuels by 3.1% in the third quarter. FMR LLC now owns 82,754 shares of the company’s stock worth $455,000 after buying an additional 2,520 shares in the last quarter. Vontobel Holding Ltd. raised its stake in shares of Energy Fuels by 12.4% during the 3rd quarter. Vontobel Holding Ltd. now owns 33,999 shares of the company’s stock worth $187,000 after acquiring an additional 3,752 shares in the last quarter. Finally, Signaturefd LLC increased its stake in Energy Fuels by 261.7% during the 3rd 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. 48.24% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts 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 report on Monday, November 4th. HC Wainwright reissued a “buy” rating and issued a $11.00 price target on shares of Energy Fuels in a research note on Wednesday, December 11th.

Energy Fuels Stock Performance

Energy Fuels stock opened at $5.25 on Tuesday. The company’s 50 day simple moving average is $5.76 and its 200-day simple moving average is $5.61. Energy Fuels Inc. has a 1 year low of $4.19 and a 1 year high of $7.73. The company has a market capitalization of $1.04 billion, a price-to-earnings ratio of -23.86 and a beta of 1.68.

Insiders Place Their Bets

In other Energy Fuels news, Director J. Birks Bovaird sold 10,000 shares of the company’s stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $5.44, for a total transaction of $54,400.00. Following the completion of the transaction, the director now owns 178,380 shares in the company, valued at approximately $970,387.20. This represents a 5.31 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Alex G. Morrison sold 17,500 shares of Energy Fuels stock in a transaction that occurred on Wednesday, December 18th. The shares were sold at an average price of $5.72, for a total value of $100,100.00. Following the completion of the sale, the director now owns 165,528 shares in the company, valued at approximately $946,820.16. This trade represents a 9.56 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 46,115 shares of company stock worth $289,086 in the last quarter. 1.92% of the stock is owned by company insiders.

About Energy Fuels

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.