ATI (NYSE:ATI) CEO Sells $1,631,662.96 in Stock

Key Points

• ATI CEO Kimberly Fields sold 20,312 shares of the company's stock for a total value of approximately $1.63 million, leading to a 7.66% decrease in her ownership stake.
• The company's stock price decreased by $1.80 on Tuesday, bringing it to $78.07, while sharing a market cap of $10.76 billion.
• Analysts have varying views on ATI, with a consensus price target of $93.29 and several rating the stock with a "Buy" or "Hold" stance.

ATI Inc. (NYSE:ATI - Get Free Report) CEO Kimberly Fields sold 20,312 shares of the business's stock in a transaction on Monday, September 22nd. The stock was sold at an average price of $80.33, for a total value of $1,631,662.96. Following the completion of the transaction, the chief executive officer directly owned 244,975 shares in the company, valued at approximately $19,678,841.75. This represents a 7.66% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

ATI Price Performance

ATI stock traded down $1.80 on Tuesday, reaching $78.07. The company's stock had a trading volume of 1,615,039 shares, compared to its average volume of 2,029,223. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.20 and a current ratio of 2.52. The company has a market cap of $10.76 billion, a price-to-earnings ratio of 27.11, a PEG ratio of 1.10 and a beta of 1.27. The business's fifty day moving average price is $80.02 and its 200 day moving average price is $71.65. ATI Inc. has a twelve month low of $39.23 and a twelve month high of $96.20.

ATI (NYSE:ATI - Get Free Report) last released its earnings results on Thursday, July 31st. The basic materials company reported $0.74 earnings per share for the quarter, topping analysts' consensus estimates of $0.72 by $0.02. The company had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.15 billion. ATI had a return on equity of 21.34% and a net margin of 9.26%.The firm's quarterly revenue was up 4.1% on a year-over-year basis. During the same quarter in the previous year, the company 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. Equities analysts expect that ATI Inc. will post 2.89 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts have commented on ATI shares. Susquehanna lowered their target price on shares of ATI from $105.00 to $100.00 and set a "positive" rating for the company in a report on Friday, August 1st. Zacks Research upgraded ATI to a "hold" rating in a research report on Tuesday, August 12th. JPMorgan Chase & Co. raised their price target on ATI from $75.00 to $92.00 and gave the stock an "overweight" rating in a research report on Friday, August 1st. Deutsche Bank Aktiengesellschaft set a $115.00 price objective on ATI and gave the company a "hold" rating in a report on Tuesday, July 8th. Finally, BTIG Research reiterated a "buy" rating and issued a $120.00 price objective on shares of ATI in a report on Friday, September 12th. Six investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $93.29.

Institutional Trading of ATI

Hedge funds have recently bought and sold shares of the stock. WPG Advisers LLC bought a new stake in shares of ATI during the first quarter worth $29,000. Golden State Wealth Management LLC boosted its stake in ATI by 104.1% in the 1st quarter. Golden State Wealth Management LLC now owns 596 shares of the basic materials company's stock worth $31,000 after purchasing an additional 304 shares during the period. MassMutual Private Wealth & Trust FSB increased its holdings in ATI by 79.5% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 386 shares of the basic materials company's stock worth $33,000 after purchasing an additional 171 shares in the last quarter. Signaturefd LLC raised its stake in shares of ATI by 117.7% in the 2nd quarter. Signaturefd LLC now owns 381 shares of the basic materials company's stock valued at $33,000 after purchasing an additional 206 shares during the period. Finally, Bessemer Group Inc. lifted its holdings in shares of ATI by 139.9% in the first quarter. Bessemer Group Inc. now owns 662 shares of the basic materials company's stock valued at $34,000 after purchasing an additional 386 shares in the last quarter.

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.

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