Financial Security Advisor Inc. Sells 4,038 Shares of Uranium Energy Corp. (NYSEAMERICAN:UEC)

Financial Security Advisor Inc. decreased its stake in shares of Uranium Energy Corp. (NYSEAMERICAN:UEC) by 3.2% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor 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 SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Quintet Private Bank Europe S.A. bought a new position in shares of Uranium Energy during the third quarter worth approximately $33,000. Van ECK Associates Corp raised its stake in Uranium Energy by 78.0% during the third quarter. Van ECK Associates Corp now owns 4,956,971 shares of the basic materials company’s stock worth $30,783,000 after acquiring an additional 2,171,468 shares in the last quarter. Clear Creek Financial Management LLC bought a new position in shares of Uranium Energy in the third quarter worth about $78,000. Farther Finance Advisors LLC boosted its stake in shares of Uranium Energy by 5,130.4% in the 3rd quarter. Farther Finance Advisors LLC now owns 4,812 shares of the basic materials company’s stock valued at $30,000 after purchasing an additional 4,720 shares in the last quarter. Finally, US Bancorp DE grew its holdings in shares of Uranium Energy by 62.0% during the 3rd quarter. US Bancorp DE now owns 20,700 shares of the basic materials company’s stock valued at $129,000 after purchasing an additional 7,923 shares during the last quarter. Institutional investors and hedge funds own 62.28% of the company’s stock.

Analysts Set New Price Targets

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

Insider Buying and Selling

In other news, CEO Amir Adnani bought 60,000 shares of Uranium Energy stock in a transaction dated Friday, September 6th. The stock was bought at an average cost of $4.10 per share, for a total transaction of $246,000.00. Following the purchase, the chief executive officer now directly owns 4,242,326 shares in the company, valued at approximately $17,393,536.60. This represents a 0.00 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, EVP Scott Melbye purchased 9,500 shares of the business’s stock in a transaction on Friday, September 6th. The stock was acquired at an average price of $4.18 per share, for a total transaction of $39,710.00. Following the purchase, the executive vice president now owns 988,031 shares of the company’s stock, valued at approximately $4,129,969.58. This trade represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Amir Adnani acquired 60,000 shares of the stock in a transaction dated Friday, September 6th. The stock was bought at an average cost of $4.10 per share, with a total value of $246,000.00. Following the completion of the purchase, the chief executive officer now owns 4,242,326 shares of the company’s stock, valued at approximately $17,393,536.60. The trade was a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 2.40% of the stock is currently owned by insiders.

Uranium Energy Stock Down 2.3 %

NYSEAMERICAN UEC opened at $7.12 on Wednesday. The firm has a market capitalization of $2.93 billion, a P/E ratio of -118.56 and a beta of 1.82. Uranium Energy Corp. has a twelve month low of $4.06 and a twelve month high of $8.67. The firm has a fifty day moving average of $6.36.

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

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.