Energy Fuels Target of Unusually Large Options Trading (NYSEAMERICAN:UUUU)

Energy Fuels Inc. (NYSEAMERICAN:UUUU) was the recipient of some unusual options trading on Wednesday. Stock investors bought 23,127 call options on the company. This represents an increase of approximately 365% compared to the typical daily volume of 4,974 call options.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on UUUU shares. Roth Capital set a $5.75 target price on shares of Energy Fuels in a report on Friday, February 28th. Roth Mkm upgraded shares of Energy Fuels from a “neutral” rating to a “buy” rating and set a $5.75 price target on the stock in a research report on Friday, February 28th. Finally, HC Wainwright decreased their price objective on shares of Energy Fuels from $11.00 to $10.75 and set a “buy” rating for the company in a research report on Friday, February 28th.

Insider Activity at Energy Fuels

In related news, Director Bruce D. Hansen bought 6,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 19th. The shares were purchased at an average cost of $4.25 per share, with a total value of $25,500.00. Following the completion of the acquisition, the director now directly owns 295,239 shares in the company, valued at approximately $1,254,765.75. The trade was a 2.07 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Daniel Kapostasy sold 12,350 shares of Energy Fuels stock in a transaction that occurred on Friday, March 14th. The shares were sold at an average price of $4.10, for a total value of $50,635.00. Following the transaction, the vice president now owns 57,705 shares of the company’s stock, valued at approximately $236,590.50. This represents a 17.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.92% of the stock is owned by insiders.

Institutional Trading of Energy Fuels

A number of institutional investors and hedge funds have recently modified their holdings of UUUU. Robertson Stephens Wealth Management LLC raised its stake in Energy Fuels by 9.9% in the 1st quarter. Robertson Stephens Wealth Management LLC now owns 1,736,441 shares of the company’s stock valued at $6,477,000 after purchasing an additional 156,522 shares during the last quarter. Janney Montgomery Scott LLC grew its holdings in shares of Energy Fuels by 23.5% during the first quarter. Janney Montgomery Scott LLC now owns 124,394 shares of the company’s stock worth $464,000 after buying an additional 23,688 shares in the last quarter. Byrne Asset Management LLC raised its position in shares of Energy Fuels by 114.6% in the first quarter. Byrne Asset Management LLC now owns 7,727 shares of the company’s stock valued at $29,000 after buying an additional 4,127 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its position in shares of Energy Fuels by 48.9% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 27,319 shares of the company’s stock valued at $102,000 after buying an additional 8,972 shares during the last quarter. Finally, Stanley Laman Group Ltd. boosted its position in Energy Fuels by 1.9% during the first quarter. Stanley Laman Group Ltd. now owns 702,960 shares of the company’s stock worth $2,622,000 after acquiring an additional 12,914 shares during the last quarter. Hedge funds and other institutional investors own 48.24% of the company’s stock.

Energy Fuels Price Performance

Shares of NYSEAMERICAN:UUUU opened at $4.95 on Friday. The business’s 50 day moving average price is $4.44 and its 200-day moving average price is $5.41. Energy Fuels has a 1 year low of $3.20 and a 1 year high of $7.47. The firm has a market capitalization of $983.52 million, a price-to-earnings ratio of -22.50 and a beta of 1.68.

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.