Uranium Energy Corp. (NYSEAMERICAN:UEC) CEO Amir Adnani Purchases 60,000 Shares

Uranium Energy Corp. (NYSEAMERICAN:UEC) CEO Amir Adnani bought 60,000 shares of the business’s stock in a transaction that occurred on Friday, September 6th. The shares were acquired at an average price 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 in the company, valued at $17,393,536.60. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Uranium Energy Trading Down 7.6 %

Shares of NYSEAMERICAN:UEC opened at $4.24 on Friday. Uranium Energy Corp. has a 52-week low of $4.06 and a 52-week high of $8.34. The business has a 50 day moving average price of $6.58. The company has a market capitalization of $1.73 billion, a price-to-earnings ratio of -141.33 and a beta of 1.84.

Uranium Energy (NYSEAMERICAN:UEC) last issued its earnings results on Friday, June 7th. The basic materials company reported ($0.05) earnings per share for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.06). Uranium Energy had a negative return on equity of 3.05% and a negative net margin of 8.20%. On average, equities research analysts expect that Uranium Energy Corp. will post 0.01 earnings per share for the current year.

Analyst Ratings Changes

UEC has been the topic of several recent analyst reports. HC Wainwright restated a “buy” rating and set a $10.25 price target on shares of Uranium Energy in a report on Wednesday, August 14th. Roth Mkm reissued a “buy” rating and set a $9.00 target price on shares of Uranium Energy in a research note on Wednesday, August 14th. One analyst has rated the stock with a sell rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, Uranium Energy currently has a consensus rating of “Moderate Buy” and an average price target of $9.35.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. CWM LLC boosted its stake in Uranium Energy by 22.2% during the 4th quarter. CWM LLC now owns 9,784 shares of the basic materials company’s stock valued at $63,000 after purchasing an additional 1,776 shares during the last quarter. New York State Common Retirement Fund boosted its position in shares of Uranium Energy by 7.7% during the fourth quarter. New York State Common Retirement Fund now owns 150,530 shares of the basic materials company’s stock valued at $963,000 after buying an additional 10,811 shares during the last quarter. Victory Capital Management Inc. grew its holdings in Uranium Energy by 25.0% during the fourth quarter. Victory Capital Management Inc. now owns 50,822 shares of the basic materials company’s stock worth $325,000 after buying an additional 10,163 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in Uranium Energy by 4.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,006,974 shares of the basic materials company’s stock valued at $19,245,000 after buying an additional 118,785 shares during the last quarter. Finally, Counterpoint Mutual Funds LLC bought a new position in Uranium Energy during the 4th quarter valued at $113,000. Institutional investors and hedge funds own 62.28% of the company’s stock.

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.