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

HTLF Bank decreased its position in Uranium Energy Corp. (NYSEAMERICAN:UEC) by 76.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,970 shares of the basic materials company’s stock after selling 48,080 shares during the period. HTLF Bank’s holdings in Uranium Energy were worth $93,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Strategic Investment Solutions Inc. IL purchased a new stake in Uranium Energy in the 2nd quarter valued at about $26,000. EntryPoint Capital LLC increased its position in shares of Uranium Energy by 897.7% during the first quarter. EntryPoint Capital LLC now owns 4,340 shares of the basic materials company’s stock valued at $29,000 after acquiring an additional 3,905 shares during the last quarter. EP Wealth Advisors LLC acquired a new position in shares of Uranium Energy in the 4th quarter worth approximately $64,000. Kingswood Wealth Advisors LLC purchased a new position in shares of Uranium Energy during the 1st quarter worth approximately $68,000. Finally, Blackhawk Capital Partners LLC. acquired a new stake in Uranium Energy in the 2nd quarter valued at approximately $69,000. Institutional investors and hedge funds own 62.28% of the company’s stock.

Insider Transactions at Uranium Energy

In other news, CEO Amir Adnani acquired 60,000 shares of Uranium Energy stock in a transaction dated 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 acquisition, the chief executive officer now owns 4,242,326 shares of the company’s stock, valued at $17,393,536.60. This trade represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other Uranium Energy news, EVP Scott Melbye purchased 9,500 shares of the stock in a transaction that occurred on Friday, September 6th. The stock was purchased at an average cost of $4.18 per share, with a total value of $39,710.00. Following the completion of the acquisition, the executive vice president now directly owns 988,031 shares of the company’s stock, valued at $4,129,969.58. This trade represents a 0.00 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Amir Adnani acquired 60,000 shares of the business’s stock in a transaction on Friday, September 6th. The shares were bought at an average cost 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 of the company’s stock, valued at $17,393,536.60. This represents a 0.00 % increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 2.40% of the company’s stock.

Uranium Energy Price Performance

Shares of UEC stock opened at $7.33 on Wednesday. Uranium Energy Corp. has a 52 week low of $4.06 and a 52 week high of $8.34. The firm has a 50 day simple moving average of $6.36. The stock has a market cap of $3.02 billion, a PE ratio of -122.15 and a beta of 1.84.

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

Analyst Ratings Changes

A number of research analysts have commented on UEC shares. Roth Mkm upped their price target on Uranium Energy from $9.00 to $9.50 and gave the stock a “buy” rating in a research note on Wednesday, September 25th. HC Wainwright reissued a “buy” rating and set a $10.25 target price on shares of Uranium Energy in a research note on Tuesday, September 24th.

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.