International Assets Investment Management LLC Has $1.06 Million Stock Holdings in Uranium Energy Corp. (NYSEAMERICAN:UEC)

International Assets Investment Management LLC raised its stake in shares of Uranium Energy Corp. (NYSEAMERICAN:UEC) by 773.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 165,690 shares of the basic materials company’s stock after purchasing an additional 146,720 shares during the period. International Assets Investment Management LLC’s holdings in Uranium Energy were worth $1,060,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Vontobel Holding Ltd. lifted its holdings in Uranium Energy by 87.4% in the third quarter. Vontobel Holding Ltd. now owns 82,453 shares of the basic materials company’s stock valued at $425,000 after buying an additional 38,463 shares during the period. SG Americas Securities LLC raised its stake in shares of Uranium Energy by 125.7% in the third quarter. SG Americas Securities LLC now owns 562,975 shares of the basic materials company’s stock worth $2,899,000 after purchasing an additional 313,487 shares during the last quarter. Clarius Group LLC bought a new position in Uranium Energy during the 3rd quarter valued at $58,000. Commonwealth Equity Services LLC lifted its position in shares of Uranium Energy by 10.0% during the third quarter. Commonwealth Equity Services LLC now owns 59,687 shares of the basic materials company’s stock valued at $307,000 after purchasing an additional 5,422 shares in the last quarter. Finally, Raymond James & Associates boosted its stake in shares of Uranium Energy by 71.8% in the 3rd quarter. Raymond James & Associates now owns 25,843 shares of the basic materials company’s stock worth $133,000 after buying an additional 10,800 shares during the last quarter. 62.28% of the stock is owned by institutional investors.

Uranium Energy Stock Performance

UEC stock opened at $6.68 on Tuesday. The company has a market cap of $2.70 billion, a price-to-earnings ratio of -667.50 and a beta of 1.83. The firm’s fifty day simple 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 announced its quarterly earnings data on Monday, March 11th. The basic materials company reported $0.01 earnings per share for the quarter, meeting the consensus estimate of $0.01. The firm had revenue of $0.12 million during the quarter, compared to the consensus estimate of $16.00 million. Uranium Energy had a negative return on equity of 1.11% and a negative net margin of 8.20%. As a group, equities analysts predict that Uranium Energy Corp. will post 0.08 earnings per share for the current fiscal year.

Analyst Ratings Changes

UEC has been the topic of several research analyst reports. Eight Capital upped 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 lifted their price target 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 research analyst has rated the stock with a sell rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $8.80.

Insider Buying and Selling

In other news, Director David Kong sold 26,000 shares of Uranium Energy stock in a transaction dated Tuesday, March 12th. The shares were sold at an average price of $6.81, for a total transaction of $177,060.00. Following the sale, the director now owns 154,085 shares of the company’s stock, valued at approximately $1,049,318.85. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, Director David Kong sold 26,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 12th. The stock was sold at an average price of $6.81, for a total value of $177,060.00. Following the sale, the director now owns 154,085 shares in the company, valued at approximately $1,049,318.85. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Volpe Vincent Della sold 84,000 shares of the firm’s stock in a transaction on Thursday, February 1st. The shares were sold at an average price of $8.17, for a total value of $686,280.00. Following the transaction, the director now owns 186,095 shares of the company’s stock, valued at $1,520,396.15. The disclosure for this sale can be found here. 2.90% of the stock is owned by insiders.

Uranium Energy Company 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.