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Atlas Energy Solutions Inc. (NYSE:AESI) Given Average Recommendation of "Reduce" by Brokerages

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Key Points

  • Consensus "Reduce": Nine brokerages covering Atlas Energy Solutions give the stock a consensus recommendation of Reduce (3 sell, 4 hold, 2 buy) with an average 12‑month price target of $11.91.
  • Insider selling: Insiders have sold 238,912 shares worth about $2.84 million over the last 90 days (including a 130,000‑share sale by Gregory Shepard), and insiders now own 16.40% of the company.
  • Institutional activity and stock metrics: Institutions own 34.59% of AESI and several large investors (e.g., Goldman Sachs, RBC) recently increased positions; the stock trades around $11.38 with a market cap of $1.41B, a 52‑week range of $7.64–$14.93, and a negative PE of -28.44.
  • Five stocks to consider instead of Atlas Energy Solutions.

Shares of Atlas Energy Solutions Inc. (NYSE:AESI - Get Free Report) have been given a consensus recommendation of "Reduce" by the nine brokerages that are presently covering the stock, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating on the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $11.9143.

A number of analysts recently weighed in on the company. Royal Bank Of Canada increased their price objective on Atlas Energy Solutions from $12.00 to $13.00 and gave the company a "sector perform" rating in a report on Thursday, April 2nd. Citigroup decreased their price objective on Atlas Energy Solutions from $11.00 to $10.40 and set a "neutral" rating for the company in a report on Tuesday, December 23rd. Weiss Ratings downgraded Atlas Energy Solutions from a "hold (c-)" rating to a "sell (d)" rating in a report on Friday, February 27th. Stifel Nicolaus set a $13.00 price objective on Atlas Energy Solutions in a report on Tuesday, February 24th. Finally, The Goldman Sachs Group increased their price objective on Atlas Energy Solutions from $8.00 to $9.00 and gave the company a "sell" rating in a report on Wednesday, March 4th.

Read Our Latest Report on Atlas Energy Solutions

Insiders Place Their Bets

In related news, insider Gregory M. Shepard sold 130,000 shares of the stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $11.98, for a total value of $1,557,400.00. Following the completion of the sale, the insider directly owned 7,421,210 shares in the company, valued at $88,906,095.80. This represents a 1.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, major shareholder Chris Scholla sold 8,912 shares of the stock in a transaction on Friday, March 6th. The shares were sold at an average price of $11.79, for a total value of $105,072.48. Following the completion of the sale, the insider owned 567,972 shares of the company's stock, valued at $6,696,389.88. The trade was a 1.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 238,912 shares of company stock valued at $2,837,472 over the last 90 days. 16.40% of the stock is currently owned by company insiders.

Institutional Trading of Atlas Energy Solutions

A number of large investors have recently bought and sold shares of AESI. Royal Bank of Canada raised its position in shares of Atlas Energy Solutions by 26.0% in the 1st quarter. Royal Bank of Canada now owns 249,793 shares of the company's stock worth $4,456,000 after acquiring an additional 51,477 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Atlas Energy Solutions by 14.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 44,209 shares of the company's stock valued at $789,000 after purchasing an additional 5,579 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in Atlas Energy Solutions by 18.5% during the first quarter. Goldman Sachs Group Inc. now owns 1,409,054 shares of the company's stock worth $25,138,000 after purchasing an additional 219,834 shares during the period. Schnieders Capital Management LLC. acquired a new stake in Atlas Energy Solutions during the second quarter worth approximately $134,000. Finally, Russell Investments Group Ltd. increased its holdings in Atlas Energy Solutions by 6.8% in the second quarter. Russell Investments Group Ltd. now owns 108,001 shares of the company's stock worth $1,444,000 after purchasing an additional 6,869 shares in the last quarter. 34.59% of the stock is currently owned by institutional investors and hedge funds.

Atlas Energy Solutions Stock Up 0.1%

Shares of NYSE:AESI opened at $11.38 on Monday. The company has a fifty day moving average of $11.98 and a 200-day moving average of $10.91. The company has a market capitalization of $1.41 billion, a PE ratio of -28.44 and a beta of 0.62. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.16 and a current ratio of 1.46. Atlas Energy Solutions has a 52-week low of $7.64 and a 52-week high of $14.93.

About Atlas Energy Solutions

(Get Free Report)

Atlas Energy Solutions NYSE: AESI is an independent energy infrastructure company specializing in the development and operation of low-carbon and renewable natural gas (RNG) projects alongside complementary clean energy offerings. Through its diversified platform, the company seeks to deliver decarbonization solutions across heavy-duty transportation and industrial markets, leveraging technologies that reduce greenhouse gas emissions while providing reliable fuel and energy services.

The company’s core business activities encompass four primary segments.

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Analyst Recommendations for Atlas Energy Solutions (NYSE:AESI)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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