84,299 Shares in Uranium Energy Corp. $UEC Acquired by Baader Bank Aktiengesellschaft

Baader Bank Aktiengesellschaft acquired a new stake in Uranium Energy Corp. (NYSEAMERICAN:UEC) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 84,299 shares of the basic materials company’s stock, valued at approximately $1,062,000.

Other large investors have also bought and sold shares of the company. IFP Advisors Inc raised its stake in shares of Uranium Energy by 732.8% in the second quarter. IFP Advisors Inc now owns 3,981 shares of the basic materials company’s stock valued at $27,000 after buying an additional 3,503 shares during the period. GPS Wealth Strategies Group LLC increased its holdings in Uranium Energy by 31.0% in the 3rd quarter. GPS Wealth Strategies Group LLC now owns 4,654 shares of the basic materials company’s stock worth $62,000 after acquiring an additional 1,100 shares during the last quarter. Operose Advisors LLC bought a new stake in Uranium Energy in the 2nd quarter valued at about $34,000. Semus Wealth Partners LLC bought a new stake in Uranium Energy in the 2nd quarter valued at about $68,000. Finally, Plancorp LLC purchased a new stake in Uranium Energy during the third quarter valued at about $133,000. 62.28% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. The Goldman Sachs Group reiterated a “buy” rating and issued a $18.00 target price on shares of Uranium Energy in a research note on Wednesday, February 4th. Roth Mkm reaffirmed a “buy” rating and issued a $16.00 price objective on shares of Uranium Energy in a report on Thursday, December 11th. National Bank Financial boosted their target price on shares of Uranium Energy from $15.50 to $16.50 and gave the company an “outperform” rating in a report on Friday, December 19th. Finally, Zacks Research upgraded Uranium Energy from a “strong sell” rating to a “hold” rating in a research report on Monday, December 1st. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $15.66.

Uranium Energy Trading Down 2.7%

Uranium Energy stock opened at $15.90 on Thursday. Uranium Energy Corp. has a 1-year low of $3.85 and a 1-year high of $20.34. The firm has a market capitalization of $7.69 billion, a PE ratio of -132.50 and a beta of 1.22. The firm’s 50 day simple moving average is $15.04 and its 200 day simple moving average is $13.17.

About Uranium Energy

Uranium Energy Corp. is a uranium mining and exploration company focused on the development and production of uranium through in-situ recovery (ISR) methods. The company’s core activities include operating ISR projects, advancing exploration properties, and engaging in joint ventures to secure uranium supply for nuclear power generation. Uranium Energy’s approach emphasizes environmentally conscious extraction techniques that minimize land disturbance and water usage compared with conventional mining.

The company’s primary producing asset is the Hobson ISR facility in South Texas, which commenced production to supply uranium concentrate to nuclear utilities.