Quintet Private Bank Europe S.A. Invests $33,000 in Uranium Energy Corp. (NYSEAMERICAN:UEC)

Quintet Private Bank Europe S.A. bought a new position in shares of Uranium Energy Corp. (NYSEAMERICAN:UEC) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 5,381 shares of the basic materials company’s stock, valued at approximately $33,000.

Other hedge funds have also modified their holdings of the company. Sumitomo Mitsui Trust Holdings Inc. acquired a new position in shares of Uranium Energy during the 1st quarter worth about $425,000. Sequoia Financial Advisors LLC purchased a new position in shares of Uranium Energy during the 1st quarter worth approximately $88,000. Janney Montgomery Scott LLC purchased a new position in shares of Uranium Energy during the 1st quarter worth approximately $75,000. Empowered Funds LLC purchased a new position in shares of Uranium Energy during the 1st quarter worth approximately $116,000. Finally, SG Americas Securities LLC boosted its position in shares of Uranium Energy by 40.5% during the 1st quarter. SG Americas Securities LLC now owns 93,638 shares of the basic materials company’s stock worth $632,000 after purchasing an additional 26,976 shares during the period. 62.28% of the stock is owned by hedge funds and other institutional investors.

Uranium Energy Stock Performance

Shares of NYSEAMERICAN UEC opened at $7.28 on Tuesday. Uranium Energy Corp. has a 12-month low of $4.06 and a 12-month high of $8.67. The company has a fifty day moving average of $6.36.

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. As a group, analysts anticipate that Uranium Energy Corp. will post 0.09 earnings per share for the current year.

Wall Street Analyst Weigh In

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

Insiders Place Their Bets

In other Uranium Energy news, CEO Amir Adnani purchased 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 completion of 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 ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. In other news, EVP Scott Melbye acquired 9,500 shares of the company’s stock in a transaction on 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 acquisition, the executive vice president now owns 988,031 shares in the company, valued at $4,129,969.58. This trade represents a 0.00 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Amir Adnani purchased 60,000 shares of the business’s stock in a transaction 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 transaction, 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 disclosure for this purchase can be found here. 2.40% of the stock is currently owned by company insiders.

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.