Key Points
- CFO Joshua Todd Munsey sold 2,523 shares on March 4 at an average of $183.24 for a total of $462,314.52, cutting his stake by 34.76% to 4,735 shares; the transaction was disclosed in an SEC filing.
- Alpha reported Q4 EPS of ($1.34), matching estimates but missed on revenue ($436.3M vs. $538.5M), with revenue down 15.7% year‑over‑year and negative net margin and return on equity.
- Shares traded around $168.15 (down ~0.5%) and out of a 12‑month range of $97.41–$253.82, while analysts’ consensus is a Reduce rating with an average price target of $196.00.
Alpha Metallurgical Resources, Inc. (NYSE:AMR - Get Free Report) CFO Joshua Todd Munsey sold 2,523 shares of Alpha Metallurgical Resources stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $183.24, for a total transaction of $462,314.52. Following the completion of the sale, the chief financial officer owned 4,735 shares of the company's stock, valued at $867,641.40. This trade represents a 34.76% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Alpha Metallurgical Resources Stock Down 0.5%
Shares of AMR traded down $0.90 during mid-day trading on Friday, hitting $168.15. 59,971 shares of the company's stock were exchanged, compared to its average volume of 289,924. The firm has a fifty day moving average of $204.98 and a two-hundred day moving average of $178.23. Alpha Metallurgical Resources, Inc. has a twelve month low of $97.41 and a twelve month high of $253.82. The stock has a market cap of $2.15 billion, a price-to-earnings ratio of -35.47 and a beta of 0.79. The company has a quick ratio of 3.53, a current ratio of 4.47 and a debt-to-equity ratio of 0.01.
Alpha Metallurgical Resources (NYSE:AMR - Get Free Report) last released its quarterly earnings data on Friday, February 27th. The energy company reported ($1.34) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($1.34). The business had revenue of $436.33 million during the quarter, compared to analyst estimates of $538.45 million. Alpha Metallurgical Resources had a negative net margin of 2.90% and a negative return on equity of 3.88%. Alpha Metallurgical Resources's quarterly revenue was down 15.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.16) EPS. On average, sell-side analysts forecast that Alpha Metallurgical Resources, Inc. will post 14.31 earnings per share for the current year.
Institutional Investors Weigh In On Alpha Metallurgical Resources
Several hedge funds and other institutional investors have recently modified their holdings of AMR. Quadrature Capital Ltd bought a new position in shares of Alpha Metallurgical Resources during the 2nd quarter worth about $958,000. Investment House LLC increased its stake in Alpha Metallurgical Resources by 112.4% in the third quarter. Investment House LLC now owns 12,341 shares of the energy company's stock valued at $2,025,000 after acquiring an additional 6,531 shares during the period. Allianz Asset Management GmbH raised its position in Alpha Metallurgical Resources by 83.2% in the third quarter. Allianz Asset Management GmbH now owns 20,719 shares of the energy company's stock worth $3,400,000 after purchasing an additional 9,412 shares in the last quarter. Financial Enhancement Group LLC bought a new position in Alpha Metallurgical Resources during the third quarter worth about $1,715,000. Finally, Osaic Holdings Inc. boosted its holdings in Alpha Metallurgical Resources by 238,510.0% during the second quarter. Osaic Holdings Inc. now owns 23,861 shares of the energy company's stock valued at $2,684,000 after purchasing an additional 23,851 shares in the last quarter. Institutional investors and hedge funds own 84.29% of the company's stock.
Analyst Upgrades and Downgrades
A number of brokerages recently weighed in on AMR. Weiss Ratings reissued a "sell (d)" rating on shares of Alpha Metallurgical Resources in a research note on Monday, December 29th. Benchmark reiterated a "hold" rating on shares of Alpha Metallurgical Resources in a report on Monday. B. Riley Financial boosted their price objective on shares of Alpha Metallurgical Resources from $203.00 to $207.00 and gave the stock a "neutral" rating in a research note on Thursday. Jefferies Financial Group reiterated a "hold" rating and issued a $185.00 target price on shares of Alpha Metallurgical Resources in a research note on Monday. Finally, Texas Capital downgraded shares of Alpha Metallurgical Resources from a "strong-buy" rating to a "hold" rating in a report on Thursday, January 29th. Four equities research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, Alpha Metallurgical Resources has an average rating of "Reduce" and an average price target of $196.00.
View Our Latest Stock Analysis on AMR
About Alpha Metallurgical Resources
(
Get Free Report)
Alpha Metallurgical Resources, Inc (NYSE: AMR) is a leading pure-play producer of high-grade metallurgical coal, primarily serving the global steelmaking industry. Headquartered in Bristol, Virginia, the company operates multiple underground and surface mining complexes across the central Appalachian and Illinois basins. Its production portfolio focuses on premium raw and semi-soft coking coal products tailored to meet the specifications of steel producers worldwide.
Formed in July 2021 through the spin-out of Contura Energy's metallurgical coal business, Alpha Metallurgical Resources has built a reputation for operational excellence and cost-efficient mining.
Read More
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].
