Key Points
- Chris Scholla, a major shareholder, sold 52,150 shares of Atlas Energy Solutions on Nov. 18 at an average price of $8.82 for about $459,963, reducing his position by 8.65% to 550,907 shares (disclosed in an SEC filing).
- Several analysts have cut ratings and price targets—most notably Goldman Sachs downgraded AESI to "sell" with an $8 target—though the MarketBeat consensus remains a "Hold" with a $15.88 price target.
- AESI shares recently traded near $9.53, sit in a 12‑month range of $7.64–$26.86, have a market cap around $1.18 billion and a negative trailing P/E (~-105.8), reflecting current losses.
Atlas Energy Solutions Inc. (NYSE:AESI - Get Free Report) major shareholder Chris Scholla sold 52,150 shares of the firm's stock in a transaction that occurred on Tuesday, November 18th. The shares were sold at an average price of $8.82, for a total transaction of $459,963.00. Following the completion of the sale, the insider owned 550,907 shares in the company, valued at $4,858,999.74. The trade was a 8.65% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available 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.
Atlas Energy Solutions Stock Performance
Shares of NYSE AESI opened at $9.53 on Tuesday. Atlas Energy Solutions Inc. has a 12-month low of $7.64 and a 12-month high of $26.86. The company has a market cap of $1.18 billion, a PE ratio of -105.83 and a beta of 1.30. The stock has a 50 day simple moving average of $9.83 and a 200-day simple moving average of $11.44. The company has a current ratio of 1.35, a quick ratio of 1.09 and a debt-to-equity ratio of 0.43.
Analyst Ratings Changes
A number of research analysts have recently commented on AESI shares. The Goldman Sachs Group lowered Atlas Energy Solutions from a "neutral" rating to a "sell" rating and lowered their price target for the company from $12.00 to $8.00 in a report on Thursday, November 20th. Piper Sandler lowered their target price on shares of Atlas Energy Solutions from $12.00 to $10.00 and set a "neutral" rating on the stock in a research note on Monday, November 17th. Barclays restated an "underweight" rating and set a $7.00 price target (down from $11.00) on shares of Atlas Energy Solutions in a research report on Friday, November 14th. Weiss Ratings cut shares of Atlas Energy Solutions from a "hold (c-)" rating to a "sell (d+)" rating in a report on Monday, December 22nd. Finally, Citigroup dropped their target price on Atlas Energy Solutions from $11.00 to $10.40 and set a "neutral" rating on the stock in a report on Tuesday, December 23rd. Four analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $15.88.
View Our Latest Report on Atlas Energy Solutions
Hedge Funds Weigh In On Atlas Energy Solutions
Large investors have recently made changes to their positions in the business. EverSource Wealth Advisors LLC bought a new stake in shares of Atlas Energy Solutions in the 2nd quarter worth approximately $25,000. CWM LLC grew its position in Atlas Energy Solutions by 244.4% in the second quarter. CWM LLC now owns 2,235 shares of the company's stock worth $30,000 after buying an additional 1,586 shares during the last quarter. Quarry LP bought a new position in shares of Atlas Energy Solutions in the third quarter valued at $26,000. Nisa Investment Advisors LLC increased its holdings in shares of Atlas Energy Solutions by 233.5% in the second quarter. Nisa Investment Advisors LLC now owns 2,668 shares of the company's stock valued at $36,000 after buying an additional 1,868 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd acquired a new stake in shares of Atlas Energy Solutions during the 2nd quarter valued at $36,000. Institutional investors own 34.59% of the company's stock.
About Atlas Energy Solutions
(
Get Free Report)
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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