Mark Pelizza Increases Stake in EU with Recent Purchase
Mark Pelizza acquired 99,182 shares of EU, spending approximately $135,879.
Key Points
- Mark Pelizza purchased 99,182 shares of EU on June 11, 2026, at an average price of $1.37 per share, totaling approximately $135,879.
- Shares of EU traded around $1.36, with recent insider buying activity from various executives, including the CEO and Executive Chairman.
- Analysts from HC Wainwright & Co. and Canaccord Genuity maintained buy ratings, with price targets ranging up to $7.00.
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Mark Pelizza, a notable insider, bought 99,182 shares of EU on June 11, 2026. The shares were purchased at an average price of $1.37 each, bringing the total transaction value to about $135,879. This move reflects Pelizza's confidence in the company's prospects.
Insider Buying and Selling at enCore Energy Corp.
In addition to Mark Pelizza's purchase, other insiders have been active in trading EU shares recently. Richard Little, the CEO, acquired 50,000 shares on June 9, 2026, at $1.28 per share. William Sheriff, the Executive Chairman, made planned purchases on May 18 and May 19, 2026, totaling 100,000 shares at prices of $1.48 and $1.39, respectively. Meanwhile, COO Dain McCoig sold 22,275 shares on May 1, 2026.
Other Institutional Activity in EU
Several institutional investors have also adjusted their positions in EU. Van Eck Associates Corp increased its holdings by 2,222,446 shares, ending with 13,973,999 shares valued at about $25.15 million. Mirae Asset Global ETFs Holdings Ltd. added 999,196 shares, bringing its total to 13,092,916 shares, worth approximately $23.64 million. BlackRock, Inc., however, reduced its stake by 89,050 shares, leaving it with 10,370,108 shares valued at $18.67 million. Azarias Capital Management, L.P. boosted its position by 934,857 shares to 5,067,708 shares, valued at $9.12 million.
Analysts Set New Price Targets
On May 15, 2026, HC Wainwright & Co. maintained its buy rating for EU with a price target of $3.75. The firm has consistently supported EU with buy ratings in the past. Canaccord Genuity also maintained a buy rating with a target of $6.50 as of December 8, 2023.
Bottom Line
Mark Pelizza's recent purchase adds to a series of insider transactions at EU, signaling potential optimism from the company's leadership. Institutional investors have shown mixed activity, with some increasing and others reducing their holdings. Analysts remain bullish, maintaining buy ratings with varied price targets. As always, insider and institutional activity can provide insights into a company's future, but investors should consider all factors before making decisions.
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