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Top Centrus Energy Executive Sells Thousands in Stock

Top Centrus Energy Executive Sells Thousands in Stock

New insider activity at Centrus Energy ( (LEU) ) has taken place on February 14, 2025.

Senior Vice President of Field Operations, Larry B. Cutlip, recently sold 4,000 shares of Centrus Energy stock. This transaction amounted to a total value of $481,240.

Recent Updates on LEU stock

Centrus Energy’s stock has attracted attention following its strong financial results for the fourth quarter and 2024. The company reported significant revenue growth, reaching $442 million, driven by increased uranium and SWU sales. Analysts have revised their price targets for Centrus, citing the strong quarter results and strategic contract wins with the Department of Energy, which position the company to benefit from federal nuclear fuel initiatives. Despite challenges such as a decrease in net income and export issues with the supplier TENEX due to Russian government restrictions, Centrus remains well-positioned with a substantial backlog and strengthened financial position. Recent investments in expanding manufacturing capacity and securing new contracts further underscore its strategic growth trajectory.

More about Centrus Energy

YTD Price Performance: 60.31%

Average Trading Volume: 913,881

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $1.99B

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