Volpe Vincent Della Sells 84,000 Shares of Uranium Energy Corp. (NYSEAMERICAN:UEC) Stock

Uranium Energy Corp. (NYSEAMERICAN:UECGet Free Report) Director Volpe Vincent Della sold 84,000 shares of the stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $8.17, for a total value of $686,280.00. Following the completion of the transaction, the director now directly owns 186,095 shares in the company, valued at $1,520,396.15. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Uranium Energy Price Performance

Shares of UEC stock opened at $7.72 on Wednesday. The firm has a market cap of $3.03 billion, a PE ratio of 772.27 and a beta of 1.90. Uranium Energy Corp. has a 52-week low of $2.30 and a 52-week high of $8.34. The firm has a 50-day moving average of $4.69.

Uranium Energy (NYSEAMERICAN:UECGet Free Report) last released its earnings results on Friday, December 8th. The basic materials company reported ($0.01) earnings per share (EPS) for the quarter. Uranium Energy had a return on equity of 0.18% and a net margin of 3.52%. The business had revenue of $0.11 million for the quarter, compared to analyst estimates of $13.00 million. As a group, equities research analysts predict that Uranium Energy Corp. will post 0.05 earnings per share for the current year.

Analyst Ratings Changes

A number of analysts have recently commented on UEC shares. TD Securities upped their target price on Uranium Energy from $7.00 to $8.50 and gave the stock a “speculative buy” rating in a research note on Tuesday, December 12th. Roth Mkm increased their price target on Uranium Energy from $6.00 to $6.75 and gave the company a “buy” rating in a report on Tuesday, October 10th. HC Wainwright raised their target price on Uranium Energy from $8.25 to $9.75 and gave the stock a “buy” rating in a research note on Thursday, January 18th. Finally, Eight Capital raised their target price on Uranium Energy from $7.00 to $13.00 and gave the stock a “buy” rating in a research note on Monday, January 15th. One research analyst has rated the stock with a sell rating and five have issued a buy rating to the company. According to data from MarketBeat, Uranium Energy currently has an average rating of “Moderate Buy” and a consensus target price of $8.80.

Check Out Our Latest Stock Report on Uranium Energy

Institutional Investors Weigh In On Uranium Energy

Institutional investors have recently modified their holdings of the company. Bank of New York Mellon Corp lifted its stake in Uranium Energy by 8.9% in the 3rd quarter. Bank of New York Mellon Corp now owns 1,378,395 shares of the basic materials company’s stock valued at $7,099,000 after buying an additional 113,063 shares in the last quarter. Bank of Montreal Can acquired a new stake in shares of Uranium Energy during the 2nd quarter worth $69,000. Mirabella Financial Services LLP acquired a new stake in shares of Uranium Energy during the 2nd quarter worth $78,000. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Uranium Energy by 9.8% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 21,422,579 shares of the basic materials company’s stock worth $110,326,000 after buying an additional 1,919,978 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. increased its holdings in shares of Uranium Energy by 204.8% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 39,323 shares of the basic materials company’s stock worth $203,000 after buying an additional 26,420 shares during the last quarter. Hedge funds and other institutional investors own 49.03% of the company’s stock.

Uranium Energy Company Profile

(Get Free Report)

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 Paran√° titanium projects in Paraguay.

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