Stock market today: S&P 500 climbs as health care, tech gain; Nvidia earnings loom
Director Dennis Lyle Higgs of Energy Fuels Inc (EXCHANGE:UUUU), a uranium producer with a market capitalization of $1.96 billion, sold 30,000 shares of common stock for approximately $292,350. The sale comes as the stock has shown remarkable strength, gaining over 73% in the past six months, though InvestingPro analysis indicates the stock is currently in overbought territory. The sales occurred in multiple transactions between August 15 and August 18, 2025, at prices ranging from $9.62 to $10.13.
On August 15, Higgs sold 15,000 shares at $9.70 per share. Followed by two transactions on August 18, Higgs sold 10,000 shares at $9.62 and 5,000 shares at $10.13.
Following these transactions, Higgs directly owns 276,382 shares of Energy Fuels Inc. (TSX:EFR)
In other recent news, Energy Fuels announced the appointment of Ross R. Bhappu as president, effective immediately, as part of its long-term succession planning. Bhappu brings over 35 years of experience in mining and private equity to the role. Additionally, Energy Fuels faced a downgrade from Roth/MKM, which adjusted its rating from Buy to Neutral while slightly raising the price target to $6.00. The research firm noted that the stock had already reached this revised target, prompting the change in rating.
In the broader uranium sector, Energy Fuels experienced a significant stock drop alongside other companies following Kazakhstan’s announcement to increase uranium production. The KATKO joint venture plans to ramp up production at the Moinkum deposit to 4,000 tonnes annually by 2026. On a positive note, nuclear energy stocks, including Energy Fuels, saw gains after Secretary of Energy Chris Wright expressed support for nuclear power, suggesting a potential regulatory shift. Lastly, Warren AI’s analysis on uranium stocks highlighted the sector’s fair value upside potential, although only one stock showed positive potential.
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