Uranium Energy (NYSEAMERICAN:UEC) CFO Pat Obara sold 16,038 shares of Uranium Energy stock in a transaction dated Thursday, April 5th. The stock was sold at an average price of $1.37, for a total transaction of $21,972.06. Following the completion of the sale, the chief financial officer now owns 356,038 shares of the company’s stock, valued at approximately $487,772.06. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
Shares of Uranium Energy stock opened at $1.39 on Monday. Uranium Energy has a twelve month low of $0.96 and a twelve month high of $2.00.
A number of institutional investors have recently modified their holdings of UEC. MetLife Investment Advisors LLC bought a new position in Uranium Energy in the 4th quarter valued at about $126,000. Quad Capital Management Advisors LLC bought a new position in Uranium Energy in the 4th quarter valued at about $147,000. 1492 Capital Management LLC bought a new position in Uranium Energy in the 4th quarter valued at about $728,000. Deutsche Bank AG increased its holdings in Uranium Energy by 122.5% in the 4th quarter. Deutsche Bank AG now owns 300,955 shares of the basic materials company’s stock valued at $532,000 after buying an additional 165,723 shares during the period. Finally, MYDA Advisors LLC bought a new position in Uranium Energy in the 4th quarter valued at about $623,000.
UEC has been the subject of several analyst reports. HC Wainwright set a $4.00 price objective on shares of Uranium Energy and gave the stock a “buy” rating in a research note on Monday, February 12th. Zacks Investment Research cut shares of Uranium Energy from a “hold” rating to a “strong sell” rating in a research note on Friday, February 16th. Three analysts have rated the stock with a sell rating and two have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $2.83.
ILLEGAL ACTIVITY NOTICE: This report was posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this report on another publication, it was copied illegally and republished in violation of US and international trademark and copyright law. The original version of this report can be viewed at https://www.dispatchtribunal.com/2018/04/09/pat-obara-sells-16038-shares-of-uranium-energy-uec-stock.html.
Uranium Energy Company Profile
Uranium Energy Corp. operates as a uranium mining and exploration company. Its projects in South Texas include the Palangana ISR mine, the permitted Goliad ISR project, and the development-stage Burke Hollow ISR project; and project in Wyoming comprise the permitted Reno Creek ISR project. The company also controls a pipeline of advanced-stage uranium projects in Arizona, Colorado, New Mexico, and Paraguay, as well as a high-grade titanium project in Paraguay.
Receive News & Ratings for Uranium Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Uranium Energy and related companies with MarketBeat.com's FREE daily email newsletter.