Key Points
- Major shareholder C. John Wilder sold 62,156 shares of AleAnna on March 5 at an average price of $3.71 for $230,598.76, leaving him with 30,235,200 shares valued at about $112.17 million (a 0.21% reduction in his stake).
- Significant insider selling across Feb 27–Mar 6: Wilder sold a total of 325,784 shares in multiple blocks (including 91,373 on March 3 and 82,260 on March 6) for roughly $1.225 million, which could increase supply and weigh on the stock short term.
- Separately, several institutions (including Goldman Sachs) have taken small new positions and institutional ownership is ~38.1%, but sell-side sentiment is negative with Weiss Ratings reiterating a "Sell" and the stock trading at a market cap of about $272.6 million and a high P/E of 102.25.
AleAnna Inc. (NASDAQ:ANNA - Get Free Report) major shareholder C John Wilder sold 34,595 shares of the business's stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $3.34, for a total transaction of $115,547.30. Following the transaction, the insider owned 30,297,356 shares in the company, valued at approximately $101,193,169.04. This trade represents a 0.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Large shareholders that own more than 10% of a company's stock are required to disclose their sales and purchases with the SEC.
C John Wilder also recently made the following trade(s):
- On Friday, March 6th, C John Wilder sold 82,260 shares of AleAnna stock. The stock was sold at an average price of $4.17, for a total transaction of $343,024.20.
- On Thursday, March 5th, C John Wilder sold 62,156 shares of AleAnna stock. The shares were sold at an average price of $3.71, for a total transaction of $230,598.76.
- On Friday, February 27th, C John Wilder sold 33,176 shares of AleAnna stock. The shares were sold at an average price of $3.36, for a total value of $111,471.36.
- On Tuesday, March 3rd, C John Wilder sold 91,373 shares of AleAnna stock. The stock was sold at an average price of $3.81, for a total value of $348,131.13.
- On Monday, March 2nd, C John Wilder sold 22,224 shares of AleAnna stock. The stock was sold at an average price of $3.41, for a total value of $75,783.84.
AleAnna Price Performance
Shares of ANNA traded up $0.25 during mid-day trading on Friday, hitting $4.09. The company's stock had a trading volume of 4,031,335 shares, compared to its average volume of 165,982. 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 1-year low of $2.31 and a 1-year high of $18.30. The firm has a market capitalization of $272.60 million, a P/E ratio of 102.25 and a beta of -0.02. The firm has a 50-day simple moving average of $2.76 and a 200 day simple moving average of $3.36.
Analysts Set New Price Targets
Separately, Weiss Ratings reissued a "sell (e+)" rating on shares of AleAnna in a report on Wednesday, January 21st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, AleAnna presently has a consensus rating of "Sell".
Get Our Latest Report on AleAnna
Key AleAnna News
Here are the key news stories impacting AleAnna this week:
- Positive Sentiment: Strong intraday buying and recent institutional interest — ANNA saw a large intraday jump and volume surge on March 5, and filings show several institutions (including a new Goldman Sachs stake and other funds) establishing positions, which can support higher share prices and liquidity. MarketBeat: Insider Trades / Trading Note
- Neutral Sentiment: Trading halt for LULD pause — ANNA experienced a temporary trading halt (LULD pause) on the morning of March 6, which can create short-term volatility but is a routine market mechanism rather than company-specific news.
- Neutral Sentiment: Short interest data appears anomalous/zero — reports show short interest listed as 0 shares (with an incorrect “NaN” change). That likely reflects a data/reporting issue; in any case, reported short interest is negligible and unlikely to be a current driver of direction.
- Negative Sentiment: Major insider selling by C. John Wilder across March 2–6 — AleAnna’s largest shareholder sold multiple blocks of stock (including 82,260 shares on March 6 at ~$4.17, and several earlier sales at prices between ~$3.34–$3.81). The cumulative insider selling reduces his stake modestly but may be interpreted as increased supply and could weigh on the stock short term. SEC Filing: Insider Ownership
- Negative Sentiment: Sell-side/ratings pressure — Weiss Ratings recently reiterated a "sell" rating on ANNA, which can limit upside or influence cautious investor behavior. Weiss Ratings
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Carlson Capital L.P. increased its holdings in AleAnna by 7.0% in the fourth quarter. Carlson Capital L.P. now owns 92,000 shares of the company's stock valued at $265,000 after buying an additional 6,000 shares in the last quarter. Keel Point LLC purchased a new stake in shares of AleAnna during the 2nd quarter worth approximately $79,000. Goldman Sachs Group Inc. purchased a new stake in shares of AleAnna during the 1st quarter worth approximately $94,000. Finally, NewGen Equity Long Short Fund acquired a new stake in shares of AleAnna in the 2nd quarter worth approximately $204,000. 38.10% of the stock is currently owned by institutional investors and hedge funds.
AleAnna Company Profile
(
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].