Motley Fool Wealth Management LLC Buys Shares of 10,000 Energy Fuels Inc. (NYSEAMERICAN:UUUU)

Motley Fool Wealth Management LLC purchased a new position in shares of Energy Fuels Inc. (NYSEAMERICAN:UUUU) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 10,000 shares of the company’s stock, valued at approximately $51,000.

A number of other large investors have also modified their holdings of UUUU. Intech Investment Management LLC acquired a new stake in Energy Fuels in the 3rd quarter valued at approximately $293,000. Charles Schwab Investment Management Inc. grew its stake in shares of Energy Fuels by 14.2% in the third quarter. Charles Schwab Investment Management Inc. now owns 439,605 shares of the company’s stock worth $2,413,000 after purchasing an additional 54,780 shares in the last quarter. Independent Advisor Alliance acquired a new position in shares of Energy Fuels during the third quarter valued at $63,000. Bank of Montreal Can raised its stake in shares of Energy Fuels by 12.7% during the third quarter. Bank of Montreal Can now owns 496,766 shares of the company’s stock valued at $2,747,000 after purchasing an additional 56,129 shares in the last quarter. Finally, The Manufacturers Life Insurance Company raised its stake in shares of Energy Fuels by 233.1% during the third quarter. The Manufacturers Life Insurance Company now owns 904,190 shares of the company’s stock valued at $4,966,000 after purchasing an additional 632,713 shares in the last quarter. Institutional investors and hedge funds own 48.24% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently commented on UUUU shares. Roth Mkm upgraded shares of Energy Fuels from a “neutral” rating to a “buy” rating and set a $5.75 price objective on the stock in a research note on Friday, February 28th. HC Wainwright dropped their price objective on Energy Fuels from $11.00 to $10.75 and set a “buy” rating on the stock in a research note on Friday, February 28th. Finally, Roth Capital set a $5.75 target price on Energy Fuels in a research note on Friday, February 28th.

Energy Fuels Price Performance

Energy Fuels stock opened at $4.13 on Thursday. Energy Fuels Inc. has a fifty-two week low of $3.74 and a fifty-two week high of $7.47. The firm’s 50 day simple moving average is $4.99 and its 200-day simple moving average is $5.52. The company has a market cap of $820.59 million, a P/E ratio of -18.77 and a beta of 1.68.

Insider Activity at Energy Fuels

In related news, Director J. Birks Bovaird sold 10,000 shares of the stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $5.44, for a total transaction of $54,400.00. Following the completion of the sale, the director now directly owns 178,380 shares in the company, valued at approximately $970,387.20. This trade represents a 5.31 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Bruce D. Hansen bought 6,000 shares of the stock in a transaction 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 purchase, the director now directly owns 295,239 shares of the company’s stock, valued at approximately $1,254,765.75. This represents a 2.07 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last ninety days, insiders have sold 32,350 shares of company stock valued at $146,535. Company insiders own 1.92% of the company’s stock.

About Energy Fuels

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.