Clear Creek Financial Management LLC bought a new position in shares of Uranium Energy Corp. (NYSEAMERICAN:UEC – Free Report) during the third quarter, Holdings Channel.com reports. The fund bought 12,487 shares of the basic materials company’s stock, valued at approximately $78,000.
A number of other institutional investors have also made changes to their positions in UEC. Sumitomo Mitsui Trust Holdings Inc. acquired a new position in shares of Uranium Energy during the 1st quarter worth approximately $425,000. Sequoia Financial Advisors LLC acquired a new position in Uranium Energy in the 1st quarter valued at $88,000. Janney Montgomery Scott LLC acquired a new position in Uranium Energy in the 1st quarter valued at $75,000. Empowered Funds LLC acquired a new position in Uranium Energy in the 1st quarter valued at $116,000. Finally, SG Americas Securities LLC grew its holdings in Uranium Energy by 40.5% in the 1st quarter. SG Americas Securities LLC now owns 93,638 shares of the basic materials company’s stock valued at $632,000 after buying an additional 26,976 shares in the last quarter. 62.28% of the stock is owned by institutional investors and hedge funds.
Uranium Energy Trading Down 0.1 %
NYSEAMERICAN:UEC opened at $7.28 on Tuesday. The firm’s fifty day moving average is $6.36. The company has a market cap of $3.00 billion, a P/E ratio of -121.31 and a beta of 1.82. Uranium Energy Corp. has a fifty-two week low of $4.06 and a fifty-two week high of $8.67.
Analyst Ratings Changes
A number of brokerages have commented on UEC. HC Wainwright reaffirmed a “buy” rating and issued a $10.25 price objective on shares of Uranium Energy in a report on Tuesday, September 24th. Roth Mkm reaffirmed a “buy” rating and issued a $10.25 price objective (up from $9.75) on shares of Uranium Energy in a report on Wednesday, October 23rd.
Read Our Latest Stock Report on UEC
Insider Activity
In other Uranium Energy news, CEO Amir Adnani acquired 60,000 shares of the company’s stock in a transaction that occurred on Friday, September 6th. The stock was acquired at an average cost of $4.10 per share, for a total transaction of $246,000.00. Following the transaction, the chief executive officer now directly owns 4,242,326 shares in the company, valued at $17,393,536.60. This represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. In other Uranium Energy news, CEO Amir Adnani acquired 60,000 shares of the company’s stock in a transaction that occurred on Friday, September 6th. The stock was acquired at an average cost of $4.10 per share, for a total transaction of $246,000.00. Following the transaction, the chief executive officer now directly owns 4,242,326 shares in the company, valued at $17,393,536.60. This represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Scott Melbye acquired 9,500 shares of the company’s stock in a transaction that occurred on Friday, September 6th. The shares were acquired at an average price of $4.18 per share, with a total value of $39,710.00. Following the completion of the transaction, the executive vice president now owns 988,031 shares in the company, valued at $4,129,969.58. The trade was a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 2.40% of the company’s stock.
Uranium Energy Profile
Uranium Energy Corp., together with its subsidiaries, engages in exploration, pre-extraction, extraction, and processing uranium and titanium concentrates in the United States, Canada, and Paraguay. It owns interests in the Palangana mine, Goliad, Burke Hollow, Longhorn, and Salvo projects located in Texas; Anderson, Workman Creek, and Los Cuatros projects situated in Arizona; Dalton Pass and C de Baca project located in New Mexico; Roughrider, Shea Creek, Christie Lake, Horseshoe-Raven, Hidden Bay, Diabase, West Bear, JCU, and other project located in Canada; and Yuty, Oviedo, and Alto Paraná titanium projects in Paraguay.
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