Uranium Energy Corp. (NYSEAMERICAN:UEC) Shares Sold by Financial Security Advisor Inc.

Financial Security Advisor Inc. trimmed its holdings in Uranium Energy Corp. (NYSEAMERICAN:UEC) by 3.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 123,495 shares of the basic materials company’s stock after selling 4,038 shares during the quarter. Financial Security Advisor Inc.’s holdings in Uranium Energy were worth $767,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the business. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Uranium Energy during the second quarter worth approximately $26,000. EntryPoint Capital LLC increased its stake in shares of Uranium Energy by 897.7% in the first quarter. EntryPoint Capital LLC now owns 4,340 shares of the basic materials company’s stock worth $29,000 after acquiring an additional 3,905 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in shares of Uranium Energy by 5,130.4% during the third quarter. Farther Finance Advisors LLC now owns 4,812 shares of the basic materials company’s stock worth $30,000 after acquiring an additional 4,720 shares in the last quarter. Quintet Private Bank Europe S.A. purchased a new stake in shares of Uranium Energy during the third quarter worth $33,000. Finally, Blackhawk Capital Partners LLC. acquired a new stake in Uranium Energy during the second quarter valued at $69,000. Institutional investors and hedge funds own 62.28% of the company’s stock.

Uranium Energy Trading Down 2.3 %

Shares of Uranium Energy stock opened at $7.12 on Wednesday. The firm has a 50 day moving average of $6.36. The firm has a market capitalization of $2.93 billion, a price-to-earnings ratio of -118.56 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.

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

Wall Street Analyst Weigh In

Several research analysts have recently commented on the stock. HC Wainwright restated a “buy” rating and set a $10.25 price target on shares of Uranium Energy in a report on Tuesday, September 24th. Roth Mkm restated a “buy” rating and issued a $10.25 target price (up from $9.75) on shares of Uranium Energy in a report on Wednesday, October 23rd.

Insiders Place Their Bets

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