HTLF Bank Trims Position in Uranium Energy Corp. (NYSEAMERICAN:UEC)

HTLF Bank lowered its stake in shares of Uranium Energy Corp. (NYSEAMERICAN:UEC) by 76.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 14,970 shares of the basic materials company’s stock after selling 48,080 shares during the quarter. HTLF Bank’s holdings in Uranium Energy were worth $93,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in UEC. American International Group Inc. raised its position in Uranium Energy by 1.0% during the 1st quarter. American International Group Inc. now owns 189,900 shares of the basic materials company’s stock worth $1,282,000 after buying an additional 1,844 shares during the last quarter. Choreo LLC lifted its position in Uranium Energy by 11.0% in the second quarter. Choreo LLC now owns 24,505 shares of the basic materials company’s stock valued at $141,000 after purchasing an additional 2,420 shares during the period. Wealth Enhancement Advisory Services LLC boosted its holdings in Uranium Energy by 7.2% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 38,436 shares of the basic materials company’s stock valued at $231,000 after purchasing an additional 2,585 shares in the last quarter. EntryPoint Capital LLC increased its position in Uranium Energy by 897.7% during the 1st quarter. EntryPoint Capital LLC now owns 4,340 shares of the basic materials company’s stock worth $29,000 after purchasing an additional 3,905 shares during the period. Finally, Vanguard Capital Wealth Advisors raised its stake in shares of Uranium Energy by 40.0% during the 2nd quarter. Vanguard Capital Wealth Advisors now owns 14,000 shares of the basic materials company’s stock worth $84,000 after buying an additional 4,000 shares in the last quarter. Institutional investors and hedge funds own 62.28% of the company’s stock.

Insider Buying and Selling at Uranium Energy

In related news, CEO Amir Adnani bought 60,000 shares of the stock in a transaction on Friday, September 6th. The shares were purchased at an average price of $4.10 per share, for a total transaction of $246,000.00. Following the acquisition, the chief executive officer now 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 purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. In other news, EVP Scott Melbye acquired 9,500 shares of the business’s stock in a transaction dated Friday, September 6th. The stock was 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 directly owns 988,031 shares in the company, valued at approximately $4,129,969.58. This represents a 0.00 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Amir Adnani bought 60,000 shares of the firm’s stock in a transaction that occurred on Friday, September 6th. The shares were purchased at an average price of $4.10 per share, for a total transaction of $246,000.00. Following the transaction, the chief executive officer now owns 4,242,326 shares of the company’s stock, valued at $17,393,536.60. The trade was a 0.00 % increase in their position. The disclosure for this purchase can be found here. Insiders own 2.40% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on the company. Roth Mkm lifted their price target on Uranium Energy from $9.00 to $9.50 and gave the company a “buy” rating in a research note on Wednesday, September 25th. HC Wainwright reiterated a “buy” rating and issued a $10.25 price target on shares of Uranium Energy in a report on Tuesday, September 24th.

Uranium Energy Stock Performance

Shares of UEC stock opened at $7.33 on Wednesday. The firm has a market capitalization of $3.02 billion, a PE ratio of -122.15 and a beta of 1.84. Uranium Energy Corp. has a 1 year low of $4.06 and a 1 year high of $8.34. The business’s fifty day moving average price is $6.36.

Uranium Energy (NYSEAMERICAN:UEC) last released its quarterly earnings results on Thursday, September 26th. The basic materials company reported ($0.03) earnings per share (EPS) for the quarter. Uranium Energy had a negative return on equity of 4.98% and a negative net margin of 8.20%. As a group, sell-side analysts anticipate that Uranium Energy Corp. will post 0.09 EPS for the current year.

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.