ATI (NYSE:ATI) CEO Kimberly Fields Sells 15,941 Shares

Key Points

• ATI CEO Kimberly Fields sold 15,941 shares at an average price of $77.52, totaling approximately $1.24 million, resulting in a 5.67% decrease in her position.
• The company's stock is currently trading at $76.29, with a market cap of $10.52 billion and a price-to-earnings ratio of 26.49.
• Analysts have a consensus rating of "Moderate Buy" for ATI, with an average price target of $93.29, after several upgrades from firms like Barclays and JPMorgan.

ATI Inc. (NYSE:ATI - Get Free Report) CEO Kimberly Fields sold 15,941 shares of the stock in a transaction on Tuesday, September 9th. The stock was sold at an average price of $77.52, for a total transaction of $1,235,746.32. Following the completion of the transaction, the chief executive officer directly owned 265,287 shares in the company, valued at $20,565,048.24. The trade was a 5.67% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

ATI Trading Up 1.9%

Shares of NYSE ATI traded up $1.41 during trading hours on Wednesday, hitting $76.29. The company's stock had a trading volume of 2,156,363 shares, compared to its average volume of 1,665,376. ATI Inc. has a 12 month low of $39.23 and a 12 month high of $96.20. The stock has a market cap of $10.52 billion, a price-to-earnings ratio of 26.49, a P/E/G ratio of 1.02 and a beta of 1.27. The business has a 50-day simple moving average of $81.73 and a 200-day simple moving average of $70.21. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.20 and a current ratio of 2.52.

ATI (NYSE:ATI - Get Free Report) last announced its earnings results on Thursday, July 31st. The basic materials company reported $0.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.02. The business had revenue of $1.14 billion for the quarter, compared to analysts' expectations of $1.15 billion. ATI had a return on equity of 21.34% and a net margin of 9.26%.The business's revenue for the quarter was up 4.1% on a year-over-year basis. During the same period last year, the firm posted $0.60 earnings per share. ATI has set its FY 2025 guidance at 2.900-3.07 EPS. Q3 2025 guidance at 0.690-0.75 EPS. On average, analysts anticipate that ATI Inc. will post 2.89 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Invesco Ltd. increased its holdings in ATI by 3.3% during the 1st quarter. Invesco Ltd. now owns 4,850,439 shares of the basic materials company's stock worth $252,368,000 after purchasing an additional 153,939 shares during the period. Dimensional Fund Advisors LP grew its position in shares of ATI by 2.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,617,314 shares of the basic materials company's stock worth $136,164,000 after buying an additional 59,811 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of ATI by 2.4% in the second quarter. Geode Capital Management LLC now owns 2,435,916 shares of the basic materials company's stock valued at $210,353,000 after acquiring an additional 57,883 shares in the last quarter. Norges Bank purchased a new stake in ATI in the second quarter worth about $146,726,000. Finally, Charles Schwab Investment Management Inc. lifted its stake in ATI by 0.3% in the second quarter. Charles Schwab Investment Management Inc. now owns 1,497,433 shares of the basic materials company's stock worth $129,288,000 after acquiring an additional 4,917 shares during the period.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on ATI shares. Barclays boosted their price target on shares of ATI from $75.00 to $90.00 and gave the stock an "overweight" rating in a research report on Monday, August 4th. Citigroup upgraded shares of ATI to a "positive" rating in a research report on Tuesday, May 20th. KeyCorp lowered ATI from an "overweight" rating to a "sector weight" rating in a research report on Tuesday, May 20th. JPMorgan Chase & Co. upped their price objective on ATI from $75.00 to $92.00 and gave the company an "overweight" rating in a research report on Friday, August 1st. Finally, Deutsche Bank Aktiengesellschaft set a $115.00 price objective on ATI and gave the company a "hold" rating in a research note on Tuesday, July 8th. Six equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $93.29.

ATI Company Profile

ATI Inc produces and sells specialty materials and complex components worldwide. It operates in two segments: High Performance Materials & Components (HPMC) and Advanced Alloys & Solutions (AA&S). The HPMC segment produces various materials, including titanium and titanium-based alloys, nickel- and cobalt-based alloys and superalloys, metallic powder alloys, advanced powder alloys and other specialty materials, in long product forms, such as ingot, billet, bar, rod, wire, shapes and rectangles, and seamless tubes, as well as precision forgings, components, and machined parts.

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