HTLF Bank Makes New $154,000 Investment in Uranium Energy Corp. (NYSEAMERICAN:UEC)

HTLF Bank bought a new position in shares of Uranium Energy Corp. (NYSEAMERICAN:UEC) during the 4th quarter, according to its most recent disclosure with the SEC. The fund bought 24,035 shares of the basic materials company’s stock, valued at approximately $154,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Millburn Ridgefield Corp acquired a new position in Uranium Energy during the 3rd quarter worth about $27,000. Catalyst Capital Advisors LLC acquired a new position in shares of Uranium Energy in the 3rd quarter valued at about $27,000. Farmers & Merchants Trust Co of Chambersburg PA acquired a new position in shares of Uranium Energy in the 4th quarter valued at about $27,000. CIBC Asset Management Inc acquired a new position in shares of Uranium Energy in the 1st quarter valued at about $29,000. Finally, Apexium Financial LP acquired a new position in shares of Uranium Energy in the 1st quarter valued at about $29,000. 62.28% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Volpe Vincent Della sold 84,000 shares of the company’s stock in a transaction that occurred on Thursday, February 1st. The stock was 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 of the company’s stock, valued at $1,520,396.15. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other news, Director Volpe Vincent Della sold 84,000 shares of the company’s stock in a transaction that occurred on Thursday, February 1st. The stock was 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 of the company’s stock, valued at $1,520,396.15. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director David Kong sold 26,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 12th. The shares were sold at an average price of $6.81, for a total value of $177,060.00. Following the completion of the transaction, the director now owns 154,085 shares in the company, valued at approximately $1,049,318.85. The disclosure for this sale can be found here. 2.90% of the stock is currently owned by corporate insiders.

Uranium Energy Price Performance

Shares of UEC opened at $6.79 on Friday. The business’s 50 day moving average is $6.31. Uranium Energy Corp. has a 52 week low of $2.30 and a 52 week high of $8.34.

Uranium Energy (NYSEAMERICAN:UEC) last issued its quarterly earnings data on Monday, March 11th. The basic materials company reported $0.01 EPS for the quarter, hitting analysts’ consensus estimates of $0.01. The firm had revenue of $0.12 million during the quarter, compared to analyst estimates of $16.00 million. Uranium Energy had a negative return on equity of 1.11% and a negative net margin of 8.20%. Analysts expect that Uranium Energy Corp. will post 0.08 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on UEC shares. Eight Capital boosted their price objective on Uranium Energy from $7.00 to $13.00 and gave the company a “buy” rating in a research note on Monday, January 15th. HC Wainwright boosted their target price on Uranium Energy from $8.25 to $9.75 and gave the company a “buy” rating in a research report on Thursday, January 18th. One investment analyst has rated the stock with a sell rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $8.80.

About Uranium Energy

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.