Virtu Financial LLC Has $698,000 Holdings in Uranium Energy Corp. $UEC

Virtu Financial LLC lessened its holdings in Uranium Energy Corp. (NYSEAMERICAN:UEC) by 64.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 59,759 shares of the basic materials company’s stock after selling 108,804 shares during the period. Virtu Financial LLC’s holdings in Uranium Energy were worth $698,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of UEC. T. Rowe Price Investment Management Inc. bought a new position in shares of Uranium Energy in the fourth quarter worth about $16,578,000. TMB Capital Partners LLC bought a new stake in shares of Uranium Energy during the 4th quarter valued at approximately $117,000. Mercer Global Advisors Inc. ADV acquired a new position in Uranium Energy during the 4th quarter worth approximately $123,000. Regal Partners Ltd acquired a new position in Uranium Energy during the 4th quarter worth approximately $5,440,000. Finally, NewEdge Advisors LLC increased its position in Uranium Energy by 528.2% during the 4th quarter. NewEdge Advisors LLC now owns 121,859 shares of the basic materials company’s stock worth $1,423,000 after purchasing an additional 102,461 shares in the last quarter. Institutional investors and hedge funds own 62.28% of the company’s stock.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. HC Wainwright restated a “buy” rating and issued a $26.75 target price on shares of Uranium Energy in a research report on Wednesday, June 10th. TD Securities dropped their price target on Uranium Energy from $22.00 to $21.00 and set a “buy” rating for the company in a research note on Wednesday, March 11th. Roth Mkm set a $17.00 price objective on Uranium Energy in a research report on Wednesday, March 11th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and issued a $16.00 target price on shares of Uranium Energy in a report on Tuesday, June 9th. 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. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $17.41.

Uranium Energy Stock Performance

Shares of NYSEAMERICAN UEC opened at $11.47 on Tuesday. The firm has a 50 day moving average price of $13.62 and a two-hundred day moving average price of $14.28. The stock has a market cap of $5.68 billion, a P/E ratio of -95.58 and a beta of 1.12. Uranium Energy Corp. has a 52-week low of $5.90 and a 52-week high of $20.34.

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.