Stanley Laman Group Ltd. Increases Holdings in Energy Fuels Inc. (NYSEAMERICAN:UUUU)

Stanley Laman Group Ltd. lifted its stake in shares of Energy Fuels Inc. (NYSEAMERICAN:UUUU) by 1.9% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 702,960 shares of the company’s stock after purchasing an additional 12,914 shares during the quarter. Stanley Laman Group Ltd. owned 0.35% of Energy Fuels worth $2,622,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Barclays PLC lifted its stake in Energy Fuels by 126.6% in the third quarter. Barclays PLC now owns 412,137 shares of the company’s stock worth $2,262,000 after acquiring an additional 230,259 shares during the period. Kingsview Wealth Management LLC purchased a new position in Energy Fuels during the 4th quarter valued at about $87,000. Van ECK Associates Corp boosted its stake in Energy Fuels by 104.9% during the fourth quarter. Van ECK Associates Corp now owns 4,838,420 shares of the company’s stock worth $24,823,000 after acquiring an additional 2,477,539 shares in the last quarter. Vontobel Holding Ltd. lifted its holdings in shares of Energy Fuels by 91.9% during the fourth quarter. Vontobel Holding Ltd. now owns 65,232 shares of the company’s stock valued at $335,000 after purchasing an additional 31,233 shares during the last quarter. Finally, White Pine Capital LLC purchased a new stake in shares of Energy Fuels in the fourth quarter worth $192,000. Hedge funds and other institutional investors own 48.24% of the company’s stock.

Insider Transactions at Energy Fuels

In related news, VP Timothy James Carstens sold 210,612 shares of the firm’s stock in a transaction on Tuesday, June 10th. The stock was sold at an average price of $5.45, for a total value of $1,147,835.40. Following the completion of the transaction, the vice president now owns 517,029 shares in the company, valued at $2,817,808.05. This trade represents a 28.94% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Bruce D. Hansen bought 6,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 19th. The stock was purchased at an average price of $4.25 per share, for a total transaction of $25,500.00. Following the transaction, the director now owns 295,239 shares of the company’s stock, valued at $1,254,765.75. The trade was a 2.07% increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last three months, insiders sold 218,597 shares of company stock valued at $1,192,142. Corporate insiders own 1.92% of the company’s stock.

Wall Street Analyst Weigh In

UUUU has been the subject of a number of research analyst reports. Roth Mkm raised shares of Energy Fuels from a “neutral” rating to a “buy” rating and set a $5.75 target price for the company in a research report on Friday, February 28th. HC Wainwright reduced their target price on shares of Energy Fuels from $10.75 to $10.00 and set a “buy” rating for the company in a report on Friday, May 9th. Finally, Roth Capital set a $5.75 target price on Energy Fuels in a research report on Friday, February 28th.

Energy Fuels Stock Down 0.7%

Shares of UUUU stock opened at $5.37 on Friday. The stock has a market cap of $1.07 billion, a P/E ratio of -24.41 and a beta of 1.68. The company’s fifty day simple moving average is $4.70 and its two-hundred day simple moving average is $5.16. Energy Fuels Inc. has a 52 week low of $3.20 and a 52 week high of $7.47.

Energy Fuels 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.