AleAnna (NASDAQ:ANNA) Upgraded at Wall Street Zen

Key Points

• Wall Street Zen upgraded AleAnna (NASDAQ:ANNA) to a "hold" while Weiss Ratings reissued a "sell (e+)", and the stock's average analyst rating remains Sell.
• Major shareholder C John Wilder sold 82,260 shares on March 6 for about $343,024, insiders have sold 325,784 shares (~$1.22M) in the last 90 days, yet insiders still own 42.90% of the company.
• AleAnna opened at $4.99 with a market capitalization of $332.58M and a high P/E of 124.78, trading in a one‑year range of $2.31–$18.30 with 50/200‑day moving averages of $4.40/$3.66.

AleAnna (NASDAQ:ANNA - Get Free Report) was upgraded by Wall Street Zen to a "hold" rating in a report released on Saturday.

Separately, Weiss Ratings reissued a "sell (e+)" rating on shares of AleAnna in a research report on Wednesday, January 21st. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has an average rating of "Sell".

AleAnna Stock Performance

ANNA opened at $4.99 on Friday. The company has a market capitalization of $332.58 million, a price-to-earnings ratio of 124.78 and a beta of -1.19. The business's 50-day moving average price is $4.40 and its two-hundred day moving average price is $3.66. AleAnna has a 1 year low of $2.31 and a 1 year high of $18.30. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.93 and a quick ratio of 1.93.

Insider Activity

In related news, major shareholder C John Wilder sold 82,260 shares of the stock in a transaction on Friday, March 6th. The stock was sold at an average price of $4.17, for a total value of $343,024.20. Following the sale, the insider owned 30,152,940 shares in the company, valued at approximately $125,737,759.80. This represents a 0.27% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders sold 325,784 shares of company stock valued at $1,224,557 over the last ninety days. Company insiders own 42.90% of the company's stock.

Institutional Investors Weigh In On AleAnna

Several institutional investors have recently made changes to their positions in the stock. Carlson Capital L.P. raised its position in 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 purchasing an additional 6,000 shares in the last quarter. Keel Point LLC bought a new position in AleAnna in the second quarter valued at about $79,000. Finally, Goldman Sachs Group Inc. acquired a new stake in AleAnna during the 1st quarter worth approximately $94,000. 38.10% of the stock is currently owned by institutional investors.

About AleAnna

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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