Uranium Energy (NYSEAMERICAN:UEC) Stock Price Down 4.9% Following Insider Selling

Uranium Energy Corp. (NYSEAMERICAN:UEC - Get Free Report) was down 4.9% during trading on Monday after an insider sold shares in the company. The stock traded as low as $9.61 and last traded at $9.69. Approximately 5,631,020 shares changed hands during mid-day trading, a decline of 48% from the average daily volume of 10,901,286 shares. The stock had previously closed at $10.18.3 Uranium Stocks To Gain as Microsoft Goes Nuclear to Power AISpecifically, Director David Kong sold 50,800 shares of Uranium Energy stock in a transaction on Wednesday, August 6th. The shares were sold at an average price of $9.62, for a total transaction of $488,696.00. Following the transaction, the director directly owned 182,237 shares of the company's stock, valued at $1,753,119.94. This trade represents a 21.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Get Uranium Energy alerts:Wall Street Analyst Weigh InA number of brokerages recently commented on UEC. HC Wainwright upped their price target on shares of Uranium Energy from $12.25 to $12.75 and gave the company a "buy" rating in a research note on Wednesday, August 6th. BMO Capital Markets began coverage on shares of Uranium Energy in a research note on Tuesday, June 3rd. They issued an "outperform" rating and a $7.75 price target on the stock. Five research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Buy" and a consensus target price of $10.21.3 Metal Stocks with Double-Digit UpsideRead Our Latest Research Report on Uranium EnergyUranium Energy Stock PerformanceThe stock has a market cap of $4.31 billion, a PE ratio of -57.03 and a beta of 1.44. The business has a 50-day moving average of $7.32 and a 200 day moving average of $6.34. Institutional Investors Weigh In On Uranium Energy3 uranium stocks to buy as the metal hits 16-year highA number of institutional investors and hedge funds have recently bought and sold shares of UEC. General American Investors Co. Inc. acquired a new stake in Uranium Energy during the 1st quarter valued at $5,296,000. Wealth Enhancement Advisory Services LLC increased its position in Uranium Energy by 101.6% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 23,196 shares of the basic materials company's stock worth $111,000 after buying an additional 11,688 shares during the last quarter. Victory Capital Management Inc. grew its position in shares of Uranium Energy by 120.0% in the first quarter. Victory Capital Management Inc. now owns 5,930,920 shares of the basic materials company's stock valued at $28,350,000 after purchasing an additional 3,235,394 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in shares of Uranium Energy by 239.4% in the fourth quarter. Ameriprise Financial Inc. now owns 6,731,148 shares of the basic materials company's stock valued at $45,036,000 after buying an additional 4,748,138 shares during the period. Finally, Arizona State Retirement System lifted its stake in shares of Uranium Energy by 1.6% in the 1st quarter. Arizona State Retirement System now owns 121,359 shares of the basic materials company's stock valued at $580,000 after acquiring an additional 1,962 shares during the last quarter. 62.28% of the stock is owned by institutional investors and hedge funds. Uranium Energy Company Profile (Get Free Report)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.Featured StoriesFive stocks we like better than Uranium EnergyTrading Stocks: RSI and Why it's UsefulOracle’s 2025 Rally Is Only Half Over: 5 Reasons WhyHigh Dividend REITs: Are They an Ideal Way to Diversify?Invest in AI and Energy Infrastructure With These 5 ETFsRetail Stocks Investing, Explained3 Natural Gas Stocks Powering the AI Data Center BoomThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Uranium Energy Right Now?Before you consider Uranium Energy, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Uranium Energy wasn't on the list.While Uranium Energy currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here