Sapient Capital LLC Acquires Shares of 355,694 Energy Fuels Inc $UUUU

Sapient Capital LLC bought a new stake in shares of Energy Fuels Inc (NYSEAMERICAN:UUUU) in the 1st quarter, according to the company in its most recent filing with the SEC. The fund bought 355,694 shares of the company’s stock, valued at approximately $6,486,000.

Other large investors also recently made changes to their positions in the company. AQR Capital Management LLC acquired a new stake in shares of Energy Fuels during the first quarter worth $871,000. NewEdge Advisors LLC boosted its holdings in Energy Fuels by 67.7% during the first quarter. NewEdge Advisors LLC now owns 57,876 shares of the company’s stock worth $216,000 after buying an additional 23,356 shares during the last quarter. Creative Planning grew its position in shares of Energy Fuels by 56.9% during the 2nd quarter. Creative Planning now owns 53,344 shares of the company’s stock worth $307,000 after buying an additional 19,339 shares during the period. Prudential Financial Inc. grew its position in shares of Energy Fuels by 82.1% during the 2nd quarter. Prudential Financial Inc. now owns 22,540 shares of the company’s stock worth $130,000 after buying an additional 10,163 shares during the period. Finally, Russell Investments Group Ltd. grew its position in shares of Energy Fuels by 31.7% during the 2nd quarter. Russell Investments Group Ltd. now owns 15,994 shares of the company’s stock worth $92,000 after buying an additional 3,854 shares during the period. Institutional investors and hedge funds own 48.24% of the company’s stock.

Insider Activity at Energy Fuels

In related news, CEO Ross R. Bhappu acquired 74,000 shares of the stock in a transaction dated Tuesday, July 7th. The stock was bought at an average price of $13.08 per share, with a total value of $967,920.00. Following the completion of the transaction, the chief executive officer directly owned 256,583 shares of the company’s stock, valued at approximately $3,356,105.64. The trade was a 40.53% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Bruce D. Hansen acquired 4,000 shares of the stock in a transaction dated Wednesday, July 8th. The shares were bought at an average cost of $12.70 per share, with a total value of $50,800.00. Following the transaction, the director directly owned 313,844 shares of the company’s stock, valued at $3,985,818.80. This represents a 1.29% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 0.97% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on UUUU. Roth Capital set a $16.00 price target on shares of Energy Fuels in a research report on Thursday, June 25th. The Goldman Sachs Group lowered their target price on shares of Energy Fuels from $29.00 to $21.00 and set a “buy” rating for the company in a research note on Friday, June 12th. Finally, HC Wainwright restated a “buy” rating and issued a $29.00 price objective on shares of Energy Fuels in a research report on Monday, June 22nd. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $23.25.

Energy Fuels Stock Performance

NYSEAMERICAN:UUUU opened at $11.44 on Monday. The company has a debt-to-equity ratio of 0.93, a current ratio of 27.51 and a quick ratio of 25.59. The business’s 50-day simple moving average is $14.48 and its 200-day simple moving average is $18.41. Energy Fuels Inc has a fifty-two week low of $8.16 and a fifty-two week high of $27.90. The stock has a market capitalization of $2.86 billion, a PE ratio of -39.45 and a beta of 1.53.

Energy Fuels (NYSEAMERICAN:UUUU) last posted its earnings results on Wednesday, May 6th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.02). The business had revenue of $35.84 million for the quarter. Energy Fuels had a negative return on equity of 10.23% and a negative net margin of 83.26%.The business’s quarterly revenue was up 112.1% compared to the same quarter last year. During the same period last year, the firm posted ($0.13) earnings per share. Sell-side analysts expect that Energy Fuels Inc will post -0.14 earnings per share for the current fiscal year.

Energy Fuels Profile

Energy Fuels Inc (NYSE American: UUUU) is a U.S.-based mineral resources company focused on the production and processing of uranium, rare earth elements and other strategic minerals. The company’s core business activity centers on supplying nuclear fuel to power generators, leveraging a diversified portfolio of conventional and in-situ recovery (ISR) uranium mines located primarily on the Colorado Plateau, in Wyoming and in Texas.

At the heart of Energy Fuels’ operations is the White Mesa Mill in southeastern Utah, the only conventional uranium-vanadium mill currently permitted and operating in the United States.