Key Points
- Major shareholder C John Wilder sold 91,373 shares on March 3 at an average price of $3.81 (≈$348,131), and together with two earlier sales (33,176 on Feb 27 and 22,224 on Mar 2) has sold about 146,773 shares in recent days, leaving him with 30,359 shares — roughly a 75% reduction in his stake.
- Shares jumped about 15.8% to $3.73 on above‑average volume (141,376 vs. avg. 73,347), but Wall Street sentiment remains negative with a consensus "Sell" rating (Weiss Ratings reiterated "sell (e+)").
- Institutional investors hold roughly 38.1% of AleAnna, which has a market capitalization of about $248.6 million and a high PE ratio (~93), reflecting limited current earnings relative to price.
AleAnna Inc. (NASDAQ:ANNA - Get Free Report) major shareholder C John Wilder sold 91,373 shares of AleAnna stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $3.81, for a total transaction of $348,131.13. Following the transaction, the insider directly owned 30,359 shares in the company, valued at approximately $115,667.79. The trade was a 75.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Large shareholders that own more than 10% of a company's shares are required to disclose their sales and purchases with the SEC.
C John Wilder also recently made the following trade(s):
- On Friday, February 27th, C John Wilder sold 33,176 shares of AleAnna stock. The stock was sold at an average price of $3.36, for a total value of $111,471.36.
- On Monday, March 2nd, C John Wilder sold 22,224 shares of AleAnna stock. The shares were sold at an average price of $3.41, for a total value of $75,783.84.
AleAnna Stock Up 15.8%
Shares of NASDAQ:ANNA traded up $0.51 on Thursday, reaching $3.73. The company had a trading volume of 141,376 shares, compared to its average volume of 73,347. The firm has a market capitalization of $248.60 million, a PE ratio of 93.25 and a beta of -0.02. The company has a current ratio of 2.00, a quick ratio of 2.00 and a debt-to-equity ratio of 0.03. AleAnna Inc. has a 52-week low of $2.31 and a 52-week high of $18.30. The firm's 50 day simple moving average is $2.71 and its 200-day simple moving average is $3.36.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reiterated a "sell (e+)" rating on shares of AleAnna in a report on Wednesday, January 21st. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, AleAnna has a consensus rating of "Sell".
Get Our Latest Report on AleAnna
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the business. Keel Point LLC purchased a new stake in AleAnna in the second quarter valued at about $79,000. Goldman Sachs Group Inc. purchased a new stake in shares of AleAnna during the first quarter worth about $94,000. NewGen Equity Long Short Fund purchased a new stake in shares of AleAnna during the second quarter worth about $204,000. Finally, Carlson Capital L.P. increased its holdings in shares of AleAnna by 7.0% during the fourth quarter. Carlson Capital L.P. now owns 92,000 shares of the company's stock valued at $265,000 after acquiring an additional 6,000 shares in the last quarter. 38.10% of the stock is owned by institutional investors and hedge funds.
About AleAnna
(
Get Free Report)
AleAnna, Inc engages in oil and gas exploration and production activities. It focuses on Italy's natural gas reserves and developing renewable energy solutions. The company was founded in 2007 and is headquartered in Dallas, TX.
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