BNP PARIBAS ASSET MANAGEMENT Holding S.A. Acquires New Stake in Uranium Energy Corp. (NYSEAMERICAN:UEC)

BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new stake in shares of Uranium Energy Corp. (NYSEAMERICAN:UEC) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 2,035,849 shares of the basic materials company’s stock, valued at approximately $12,643,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. owned 0.49% of Uranium Energy at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Van ECK Associates Corp lifted its position in shares of Uranium Energy by 78.0% during the 3rd quarter. Van ECK Associates Corp now owns 4,956,971 shares of the basic materials company’s stock worth $30,783,000 after purchasing an additional 2,171,468 shares during the last quarter. Rokos Capital Management LLP purchased a new stake in Uranium Energy during the 1st quarter worth about $10,396,000. American Century Companies Inc. boosted its position in shares of Uranium Energy by 961.2% during the 2nd quarter. American Century Companies Inc. now owns 1,400,076 shares of the basic materials company’s stock worth $8,414,000 after acquiring an additional 1,268,141 shares in the last quarter. Murchinson Ltd. purchased a new position in shares of Uranium Energy in the 1st quarter valued at about $6,750,000. Finally, Dimensional Fund Advisors LP raised its position in shares of Uranium Energy by 18.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 5,954,561 shares of the basic materials company’s stock worth $35,786,000 after acquiring an additional 947,773 shares in the last quarter. 62.28% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Uranium Energy

In other Uranium Energy news, CEO Amir Adnani purchased 60,000 shares of the firm’s stock in a transaction that occurred on Friday, September 6th. The shares were purchased at an average cost of $4.10 per share, for a total transaction of $246,000.00. Following the completion of the purchase, the chief executive officer now directly owns 4,242,326 shares in the company, valued at $17,393,536.60. This represents a 1.43 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Scott Melbye acquired 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, with a total value of $39,710.00. Following the transaction, the executive vice president now directly owns 988,031 shares of the company’s stock, valued at $4,129,969.58. This represents a 0.97 % increase in their position. The disclosure for this purchase can be found here. Company insiders own 2.40% of the company’s stock.

Uranium Energy Trading Up 0.7 %

NYSEAMERICAN UEC opened at $8.46 on Friday. Uranium Energy Corp. has a one year low of $4.06 and a one year high of $8.67. The firm has a market capitalization of $3.48 billion, a price-to-earnings ratio of -140.98 and a beta of 1.82. The company has a fifty day simple moving average of $6.44.

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

Analyst Ratings Changes

UEC has been the subject of a number of research analyst reports. HC Wainwright reaffirmed a “buy” rating and issued a $10.25 price target on shares of Uranium Energy in a report on Tuesday, September 24th. Roth Mkm restated a “buy” rating and issued a $10.25 target price (up previously from $9.75) on shares of Uranium Energy in a report on Wednesday, October 23rd.

Uranium Energy 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.