Vontobel Holding Ltd. Purchases 47,584 Shares of enCore Energy Corp. (NASDAQ:EU)

Vontobel Holding Ltd. raised its position in enCore Energy Corp. (NASDAQ:EU) by 84.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 104,158 shares of the company’s stock after buying an additional 47,584 shares during the quarter. Vontobel Holding Ltd. owned about 0.06% of enCore Energy worth $351,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. JPMorgan Chase & Co. raised its stake in shares of enCore Energy by 6.7% in the third quarter. JPMorgan Chase & Co. now owns 81,173 shares of the company’s stock valued at $328,000 after buying an additional 5,067 shares during the period. Arlington Capital Management Inc. grew its position in shares of enCore Energy by 2.6% in the third quarter. Arlington Capital Management Inc. now owns 222,035 shares of the company’s stock valued at $897,000 after purchasing an additional 5,655 shares in the last quarter. SG Americas Securities LLC grew its position in shares of enCore Energy by 10.2% in the fourth quarter. SG Americas Securities LLC now owns 113,517 shares of the company’s stock valued at $387,000 after purchasing an additional 10,469 shares in the last quarter. Savant Capital LLC purchased a new position in shares of enCore Energy in the fourth quarter valued at $36,000. Finally, Tidal Investments LLC grew its position in shares of enCore Energy by 48.7% in the third quarter. Tidal Investments LLC now owns 38,697 shares of the company’s stock valued at $156,000 after purchasing an additional 12,672 shares in the last quarter. 20.86% of the stock is currently owned by institutional investors.

Insider Buying and Selling

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

enCore Energy Stock Down 0.4 %

enCore Energy stock opened at $2.74 on Friday. enCore Energy Corp. has a 52 week low of $2.70 and a 52 week high of $5.05. The business has a 50-day simple moving average of $3.27 and a 200 day simple moving average of $3.56. The stock has a market cap of $509.96 million, a price-to-earnings ratio of -9.79 and a beta of 0.12.

Analyst Ratings Changes

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

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.