Energy Fuels Independent Director Acquires 4.2% More Stock

Investors who take an interest in Energy Fuels Inc. (TSE:EFR) should definitely note that the Independent Director, Robert Kirkwood, recently paid CA$8.00 per share to buy CA$206k worth of the stock. While that's a very decent purchase to our minds, it was proportionally a bit modest, boosting their holding by just 4.2%.

View our latest analysis for Energy Fuels

Energy Fuels Insider Transactions Over The Last Year

In fact, the recent purchase by Robert Kirkwood was the biggest purchase of Energy Fuels shares made by an insider individual in the last twelve months, according to our records. That implies that an insider found the current price of CA$8.32 per share to be enticing. That means they have been optimistic about the company in the past, though they may have changed their mind. If someone buys shares at well below current prices, it's a good sign on balance, but keep in mind they may no longer see value. Happily, the Energy Fuels insiders decided to buy shares at close to current prices.

Happily, we note that in the last year insiders paid CA$548k for 68.14k shares. On the other hand they divested 66.07k shares, for CA$655k. All up, insiders sold more shares in Energy Fuels than they bought, over the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: insiders have been buying them).

Insider Ownership Of Energy Fuels

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. A high insider ownership often makes company leadership more mindful of shareholder interests. Insiders own 2.1% of Energy Fuels shares, worth about CA$29m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

What Might The Insider Transactions At Energy Fuels Tell Us?

It's certainly positive to see the recent insider purchases. But we can't say the same for the transactions over the last 12 months. We don't take much heart from transactions by Energy Fuels insiders over the last year. But they own a reasonable amount of the company, and there was some buying recently. So they seem pretty well aligned, overall. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. Every company has risks, and we've spotted 1 warning sign for Energy Fuels you should know about.

Of course Energy Fuels may not be the best stock to buy. So you may wish to see this free collection of high quality companies.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.