UBS Group AG grew its position in shares of Atlas Energy Solutions Inc. (NYSE:AESI – Free Report) by 139.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,170,655 shares of the company’s stock after acquiring an additional 1,264,530 shares during the quarter. UBS Group AG’s holdings in Atlas Energy Solutions were worth $20,448,000 as of its most recent filing with the SEC.
Several other institutional investors have also modified their holdings of AESI. EverSource Wealth Advisors LLC acquired a new position in Atlas Energy Solutions during the 2nd quarter valued at about $25,000. Quarry LP acquired a new stake in shares of Atlas Energy Solutions in the third quarter valued at approximately $26,000. Centerpoint Advisors LLC raised its holdings in shares of Atlas Energy Solutions by 270.6% during the third quarter. Centerpoint Advisors LLC now owns 2,850 shares of the company’s stock valued at $32,000 after buying an additional 2,081 shares during the last quarter. BNP Paribas Financial Markets raised its holdings in shares of Atlas Energy Solutions by 43.4% during the second quarter. BNP Paribas Financial Markets now owns 7,823 shares of the company’s stock valued at $105,000 after buying an additional 2,369 shares during the last quarter. Finally, Tower Research Capital LLC TRC boosted its position in shares of Atlas Energy Solutions by 34.8% during the second quarter. Tower Research Capital LLC TRC now owns 8,954 shares of the company’s stock worth $120,000 after buying an additional 2,314 shares during the period. Institutional investors own 34.59% of the company’s stock.
Analyst Ratings Changes
Several research analysts have recently issued reports on the company. Zacks Research raised Atlas Energy Solutions from a “strong sell” rating to a “hold” rating in a research note on Monday, January 26th. Stifel Nicolaus set a $28.00 price objective on shares of Atlas Energy Solutions in a research note on Friday, May 1st. Piper Sandler upped their price objective on shares of Atlas Energy Solutions from $10.00 to $13.00 and gave the stock a “neutral” rating in a report on Wednesday, April 15th. Stephens set a $16.00 target price on shares of Atlas Energy Solutions in a research report on Tuesday, January 27th. Finally, The Goldman Sachs Group raised their target price on shares of Atlas Energy Solutions from $8.00 to $9.00 and gave the company a “sell” rating in a research note on Wednesday, March 4th. Three investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $17.14.
Insider Buying and Selling
In other Atlas Energy Solutions news, insider Gregory M. Shepard sold 130,000 shares of the company’s stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $11.98, for a total value of $1,557,400.00. Following the transaction, the insider owned 7,421,210 shares of the company’s stock, valued at approximately $88,906,095.80. This represents a 1.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Chris Scholla sold 8,912 shares of the stock in a transaction on Friday, March 6th. The shares were sold at an average price of $11.79, for a total value of $105,072.48. Following the sale, the insider owned 567,972 shares of the company’s stock, valued at $6,696,389.88. This trade represents a 1.54% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 238,912 shares of company stock valued at $2,837,472 over the last 90 days. 16.40% of the stock is currently owned by insiders.
Atlas Energy Solutions Stock Performance
Shares of AESI opened at $18.80 on Tuesday. The firm’s 50 day moving average is $13.66 and its 200-day moving average is $11.55. The stock has a market capitalization of $2.33 billion, a P/E ratio of -23.79 and a beta of 1.08. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.17 and a quick ratio of 0.94. Atlas Energy Solutions Inc. has a 12-month low of $7.64 and a 12-month high of $19.61.
About Atlas Energy Solutions
Atlas Energy Solutions (NYSE: AESI) is an independent energy infrastructure company specializing in the development and operation of low-carbon and renewable natural gas (RNG) projects alongside complementary clean energy offerings. Through its diversified platform, the company seeks to deliver decarbonization solutions across heavy-duty transportation and industrial markets, leveraging technologies that reduce greenhouse gas emissions while providing reliable fuel and energy services.
The company’s core business activities encompass four primary segments.
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