Here’s Who Just Picked Up Centrus Energy Corp (NYSEMKT:LEU) Shares

0
649

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Centrus Energy Corp (NYSEMKT:LEU) reported that Global X Management Co Llc. has picked up 334,459  of common stock as of 2017-01-30.

The acquisition brings the aggregate amount owned by Global X Management Co Llc. to a total of 334,459 representing a 4.42% stake in the company.

For those not familiar with the company, Centrus Energy is a trusted supplier of enriched uranium fuel for commercial nuclear power plants in the United States and around the world. With world-class technical and engineering capabilities, Centrus is advancing the next generation of centrifuge technologies so that America can restore its domestic uranium enrichment capability in the future.

A glance at Centrus Energy Corp (NYSEMKT:LEU)’s key stats reveals a current market capitalization of 46.29 million based on 7.56 million shares outstanding and a price at last close of $6.12 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2016-03-22, Bawabeh picked up 375,000 at a purchase price of $3.15. This brings their total holding to 1,850,000 as of the date of the filing.

On the sell side, the most recent transaction saw Bawabeh unload 1,215 shares at a sale price of $1.68. This brings their total holding to 1,130,785.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Centrus Energy Corp (NYSEMKT:LEU) as things move forward to see if its progress aligns with these transactions.

Subscribe below and we’ll keep you on top of what’s happening before it moves markets.