627,945 Shares in Atlas Energy Solutions Inc. $AESI Acquired by Consolidated Portfolio Review Corp

Key Points

• Consolidated Portfolio Review Corp bought 627,945 shares of Atlas Energy Solutions (NYSE: AESI) in Q4 — about $5.9 million — representing roughly 0.51% ownership and the firm's 22nd-largest holding.
• Insiders have been net sellers, disposing of 238,912 shares in the past 90 days (including Gregory M. Shepard's 130,000-share sale), though insiders still own about 16.4% of the company.
• Analyst sentiment is mixed: Citigroup upgraded AESI to a Buy with an $18 target, while the consensus rating is Hold and the average price target is $13.43.

Consolidated Portfolio Review Corp purchased a new position in shares of Atlas Energy Solutions Inc. (NYSE:AESI - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 627,945 shares of the company's stock, valued at approximately $5,915,000. Atlas Energy Solutions accounts for approximately 0.5% of Consolidated Portfolio Review Corp's investment portfolio, making the stock its 22nd biggest holding. Consolidated Portfolio Review Corp owned approximately 0.51% of Atlas Energy Solutions as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also made changes to their positions in the company. EverSource Wealth Advisors LLC acquired a new stake in shares of Atlas Energy Solutions during the second quarter worth approximately $25,000. Quarry LP acquired a new stake in shares of Atlas Energy Solutions during the third quarter worth approximately $26,000. Centerpoint Advisors LLC lifted its stake in Atlas Energy Solutions by 270.6% in the third quarter. Centerpoint Advisors LLC now owns 2,850 shares of the company's stock valued at $32,000 after acquiring an additional 2,081 shares during the last quarter. BNP Paribas Financial Markets lifted its stake in Atlas Energy Solutions by 43.4% in the second quarter. BNP Paribas Financial Markets now owns 7,823 shares of the company's stock valued at $105,000 after acquiring an additional 2,369 shares during the last quarter. Finally, Tower Research Capital LLC TRC lifted its stake in Atlas Energy Solutions by 34.8% in the second quarter. Tower Research Capital LLC TRC now owns 8,954 shares of the company's stock valued at $120,000 after acquiring an additional 2,314 shares during the last quarter. 34.59% of the stock is currently owned by institutional investors and hedge funds.

Atlas Energy Solutions Price Performance

Shares of Atlas Energy Solutions stock opened at $13.14 on Thursday. The firm has a fifty day simple moving average of $12.00 and a 200-day simple moving average of $10.93. The company has a current ratio of 1.46, a quick ratio of 1.16 and a debt-to-equity ratio of 0.47. Atlas Energy Solutions Inc. has a 1-year low of $7.64 and a 1-year high of $14.93. The stock has a market capitalization of $1.63 billion, a price-to-earnings ratio of -32.84 and a beta of 0.62.

Insiders Place Their Bets

In other news, insider Gregory M. Shepard sold 130,000 shares of the business's stock in a transaction on Wednesday, February 18th. The shares were 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 approximately $88,906,095.80. The trade was a 1.72% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Chris Scholla sold 8,912 shares of the business's stock in a transaction on Friday, March 6th. The stock was sold at an average price of $11.79, for a total transaction 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. The SEC filing for this sale provides additional information. Insiders sold 238,912 shares of company stock valued at $2,837,472 over the last 90 days. 16.40% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of analysts have issued reports on AESI shares. Citigroup upgraded shares of Atlas Energy Solutions from a "neutral" rating to a "buy" rating and lifted their target price for the company from $10.40 to $18.00 in a research note on Wednesday. Stifel Nicolaus set a $13.00 target price on shares of Atlas Energy Solutions in a research note on Tuesday, February 24th. Stephens set a $16.00 target price on shares of Atlas Energy Solutions in a research note on Tuesday, January 27th. Zacks Research upgraded shares of Atlas Energy Solutions from a "strong sell" rating to a "hold" rating in a research note on Monday, January 26th. Finally, Barclays lifted their target price on shares of Atlas Energy Solutions from $11.00 to $12.00 and gave the company an "underweight" rating in a research note on Monday, April 6th. Three investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, Atlas Energy Solutions currently has an average rating of "Hold" and an average price target of $13.43.

Atlas Energy Solutions Company Profile

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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