Quintet Private Bank Europe S.A. Buys Shares of 5,381 Uranium Energy Corp. (NYSEAMERICAN:UEC)

Quintet Private Bank Europe S.A. bought a new stake in Uranium Energy Corp. (NYSEAMERICAN:UEC) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 5,381 shares of the basic materials company’s stock, valued at approximately $33,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Riggs Asset Managment Co. Inc. acquired a new position in shares of Uranium Energy during the 3rd quarter valued at about $501,000. ProShare Advisors LLC increased its stake in shares of Uranium Energy by 10.6% during the 1st quarter. ProShare Advisors LLC now owns 69,268 shares of the basic materials company’s stock valued at $468,000 after acquiring an additional 6,643 shares during the last quarter. Riverwater Partners LLC acquired a new position in shares of Uranium Energy during the 3rd quarter valued at about $2,341,000. Grimes & Company Inc. acquired a new position in shares of Uranium Energy during the 3rd quarter valued at about $394,000. Finally, Vanguard Group Inc. increased its stake in shares of Uranium Energy by 2.4% during the 1st quarter. Vanguard Group Inc. now owns 22,761,516 shares of the basic materials company’s stock valued at $153,640,000 after acquiring an additional 538,703 shares during the last quarter. 62.28% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on UEC. Roth Mkm reissued a “buy” rating and set a $10.25 target price (up previously from $9.75) on shares of Uranium Energy in a research report on Wednesday, October 23rd. HC Wainwright reissued a “buy” rating and set a $10.25 target price on shares of Uranium Energy in a research report on Tuesday, September 24th.

Uranium Energy Price Performance

Shares of NYSEAMERICAN:UEC opened at $7.28 on Tuesday. Uranium Energy Corp. has a 52-week low of $4.06 and a 52-week high of $8.67. The firm has a 50 day moving average price of $6.36.

Uranium Energy (NYSEAMERICAN:UEC) last issued its quarterly earnings data on Thursday, September 26th. The basic materials company reported ($0.03) earnings per share (EPS) for the quarter. On average, analysts anticipate that Uranium Energy Corp. will post 0.09 EPS for the current fiscal year.

Insider Buying and Selling at Uranium Energy

In other news, EVP Scott Melbye acquired 9,500 shares of the stock in a transaction on Friday, September 6th. The stock was bought 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 directly owns 988,031 shares of the company’s stock, valued at $4,129,969.58. The trade was a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other Uranium Energy news, EVP Scott Melbye bought 9,500 shares of Uranium Energy stock in a transaction dated Friday, September 6th. The stock was bought at an average cost of $4.18 per share, for a total transaction of $39,710.00. Following the purchase, the executive vice president now owns 988,031 shares in the company, valued at $4,129,969.58. This represents a 0.00 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Amir Adnani bought 60,000 shares of Uranium Energy stock in a transaction dated Friday, September 6th. The shares were acquired at an average price of $4.10 per share, with a total value of $246,000.00. Following the completion of the purchase, the chief executive officer now owns 4,242,326 shares in the company, valued at approximately $17,393,536.60. The trade was a 0.00 % increase in their position. The disclosure for this purchase can be found here. 2.40% of the stock is owned by corporate insiders.

About Uranium Energy

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.