Jefferies Financial Group Inc. Invests $7.56 Million in Atlas Energy Solutions Inc. $AESI

Jefferies Financial Group Inc. acquired a new position in Atlas Energy Solutions Inc. (NYSE:AESI) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 802,760 shares of the company’s stock, valued at approximately $7,562,000. Jefferies Financial Group Inc. owned about 0.65% of Atlas Energy Solutions as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of AESI. UBS Group AG grew its stake in shares of Atlas Energy Solutions by 139.6% in the fourth quarter. UBS Group AG now owns 2,170,655 shares of the company’s stock worth $20,448,000 after purchasing an additional 1,264,530 shares during the last quarter. Cooke & Bieler LP grew its stake in shares of Atlas Energy Solutions by 29.0% in the third quarter. Cooke & Bieler LP now owns 4,153,554 shares of the company’s stock worth $47,226,000 after purchasing an additional 934,114 shares during the last quarter. Ameriprise Financial Inc. grew its stake in shares of Atlas Energy Solutions by 431.2% in the second quarter. Ameriprise Financial Inc. now owns 829,348 shares of the company’s stock worth $11,088,000 after purchasing an additional 673,221 shares during the last quarter. Consolidated Portfolio Review Corp bought a new stake in shares of Atlas Energy Solutions in the fourth quarter worth $5,915,000. Finally, Franklin Resources Inc. bought a new stake in Atlas Energy Solutions during the third quarter valued at $6,755,000. Institutional investors own 34.59% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have commented on AESI. Stifel Nicolaus set a $28.00 price target on shares of Atlas Energy Solutions in a research report on Friday, May 1st. Zacks Research raised shares of Atlas Energy Solutions from a “strong sell” rating to a “hold” rating in a research report on Monday, January 26th. Stephens set a $16.00 price target on shares of Atlas Energy Solutions in a research report on Tuesday, January 27th. Citigroup upped their price target on shares of Atlas Energy Solutions from $18.00 to $22.00 and gave the company a “buy” rating in a research report on Tuesday, May 12th. Finally, The Goldman Sachs Group increased their price objective on shares of Atlas Energy Solutions from $8.00 to $9.00 and gave the stock a “sell” rating in a research report 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 MarketBeat, Atlas Energy Solutions currently has a consensus rating of “Hold” and an average target price of $18.57.

Atlas Energy Solutions Price Performance

Shares of NYSE AESI opened at $19.09 on Tuesday. Atlas Energy Solutions Inc. has a fifty-two week low of $7.64 and a fifty-two week high of $20.13. The stock has a market cap of $2.38 billion, a price-to-earnings ratio of -24.17 and a beta of 1.08. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.94 and a current ratio of 1.17. The firm’s 50-day simple moving average is $15.21 and its 200 day simple moving average is $12.10.

Insider Activity at Atlas Energy Solutions

In related news, major shareholder Chris Scholla sold 8,912 shares of Atlas Energy Solutions stock in a transaction that occurred 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 approximately $6,696,389.88. The trade was a 1.54% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 16.40% of the company’s stock.

Atlas Energy Solutions Profile

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.