12,487 Shares in Uranium Energy Corp. (NYSEAMERICAN:UEC) Bought by Clear Creek Financial Management LLC

Clear Creek Financial Management LLC bought a new position in Uranium Energy Corp. (NYSEAMERICAN:UEC) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 12,487 shares of the basic materials company’s stock, valued at approximately $78,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vontobel Holding Ltd. lifted its holdings in shares of Uranium Energy by 3.9% during the third quarter. Vontobel Holding Ltd. now owns 38,548 shares of the basic materials company’s stock valued at $239,000 after acquiring an additional 1,461 shares during the period. American International Group Inc. lifted its holdings in shares of Uranium Energy by 1.0% during the first quarter. American International Group Inc. now owns 189,900 shares of the basic materials company’s stock valued at $1,282,000 after acquiring an additional 1,844 shares during the period. Choreo LLC lifted its holdings in shares of Uranium Energy by 11.0% during the second quarter. Choreo LLC now owns 24,505 shares of the basic materials company’s stock valued at $141,000 after acquiring an additional 2,420 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in shares of Uranium Energy by 7.2% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 38,436 shares of the basic materials company’s stock valued at $231,000 after buying an additional 2,585 shares in the last quarter. Finally, EntryPoint Capital LLC increased its stake in shares of Uranium Energy by 897.7% in the first quarter. EntryPoint Capital LLC now owns 4,340 shares of the basic materials company’s stock valued at $29,000 after buying an additional 3,905 shares in the last quarter. 62.28% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, EVP Scott Melbye bought 9,500 shares of the firm’s stock in a transaction dated Friday, September 6th. The stock was bought at an average cost of $4.18 per share, for a total transaction of $39,710.00. Following the transaction, the executive vice president now owns 988,031 shares of the company’s stock, valued at $4,129,969.58. This represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In related news, CEO Amir Adnani bought 60,000 shares of the firm’s 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 transaction, 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Scott Melbye bought 9,500 shares of the firm’s stock in a transaction dated Friday, September 6th. The shares were bought at an average price of $4.18 per share, with a total value of $39,710.00. Following the completion of the transaction, the executive vice president now directly owns 988,031 shares in the company, valued at approximately $4,129,969.58. This trade 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 Stock Performance

Shares of UEC stock opened at $7.28 on Tuesday. The stock has a 50-day moving average price of $6.36. The firm has a market capitalization of $3.00 billion, a price-to-earnings ratio of -121.31 and a beta of 1.82. Uranium Energy Corp. has a 12 month low of $4.06 and a 12 month high of $8.67.

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

Analysts Set New Price Targets

A number of analysts have recently weighed in on UEC shares. Roth Mkm restated a “buy” rating and issued a $10.25 target price (up from $9.75) on shares of Uranium Energy in a research note on Wednesday, October 23rd. HC Wainwright restated a “buy” rating and issued a $10.25 target price on shares of Uranium Energy in a research note on Tuesday, September 24th.

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.