Kimberly A. Fields Sells 15,941 Shares of ATI (NYSE:ATI) Stock

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 A. Fields sold 15,941 shares of the business's stock in a transaction that occurred 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 owned 265,287 shares of the company's stock, valued at approximately $20,565,048.24. The trade was a 5.67% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

ATI Stock Performance

ATI traded up $1.25 during mid-day trading on Monday, reaching $77.39. 1,452,158 shares of the company traded hands, compared to its average volume of 1,616,908. The stock has a market capitalization of $10.67 billion, a P/E ratio of 26.87, a P/E/G ratio of 1.04 and a beta of 1.27. The company has a quick ratio of 1.20, a current ratio of 2.52 and a debt-to-equity ratio of 0.92. The company's fifty day moving average price is $80.92 and its 200-day moving average price is $70.85. ATI Inc. has a 52-week low of $39.23 and a 52-week high of $96.20.

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 for the quarter, beating analysts' consensus estimates of $0.72 by $0.02. The business had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.15 billion. ATI had a net margin of 9.26% and a return on equity of 21.34%. The company's quarterly revenue was up 4.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.60 EPS. ATI has set its FY 2025 guidance at 2.900-3.07 EPS. Q3 2025 guidance at 0.690-0.75 EPS. On average, sell-side analysts expect that ATI Inc. will post 2.89 EPS for the current year.

Analyst Upgrades and Downgrades

ATI has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft set a $115.00 target price on shares of ATI and gave the company a "hold" rating in a research note on Tuesday, July 8th. KeyCorp lowered shares of ATI from an "overweight" rating to a "sector weight" rating in a research note on Tuesday, May 20th. Barclays boosted their price objective on shares of ATI from $75.00 to $90.00 and gave the company an "overweight" rating in a research report on Monday, August 4th. BTIG Research reissued a "buy" rating and set a $120.00 price objective on shares of ATI in a research report on Friday. Finally, Citigroup raised shares of ATI to a "positive" rating in a research report on Tuesday, May 20th. Six investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $93.29.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Teacher Retirement System of Texas bought a new position in ATI in the 1st quarter worth $1,243,000. Bank of New York Mellon Corp boosted its holdings in ATI by 1.2% in the 1st quarter. Bank of New York Mellon Corp now owns 902,200 shares of the basic materials company's stock worth $46,941,000 after buying an additional 11,048 shares during the period. GAMMA Investing LLC boosted its holdings in ATI by 39.2% in the 1st quarter. GAMMA Investing LLC now owns 3,478 shares of the basic materials company's stock worth $181,000 after buying an additional 979 shares during the period. KBC Group NV boosted its holdings in ATI by 14.2% in the 1st quarter. KBC Group NV now owns 5,779 shares of the basic materials company's stock worth $301,000 after buying an additional 720 shares during the period. Finally, Bessemer Group Inc. boosted its holdings in ATI by 139.9% in the 1st quarter. Bessemer Group Inc. now owns 662 shares of the basic materials company's stock worth $34,000 after buying an additional 386 shares during the period.

About ATI

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.