ATI (NYSE:ATI) VP Sells $3,185,490.00 in Stock

Key Points

• ATI Vice President Timothy Harris sold 16,500 shares at an average price of $193.06, generating $3.19 million and reducing his direct ownership by 14.51% to 97,187 shares.
• ATI’s latest quarterly results exceeded expectations, with EPS of $1.23 versus the $1.03 consensus and revenue of $1.26 billion, up 10.6% year over year. The company guided to third-quarter 2026 EPS of $1.31–$1.37 and full-year EPS of $4.90–$5.18.
• Analysts maintain a broadly positive view, with a consensus “Buy” rating and a $232 target price versus the reported share price of $189.94; major institutions including BlackRock and Bank of America have also established significant positions.

ATI Inc. (NYSE:ATI - Get Free Report) VP Timothy Harris sold 16,500 shares of the business's stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $193.06, for a total value of $3,185,490.00. Following the completion of the sale, the vice president directly owned 97,187 shares of the company's stock, valued at $18,762,922.22. The trade was a 14.51% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

ATI Stock Performance

Shares of NYSE ATI traded up $3.25 during trading hours on Wednesday, reaching $189.94. The stock had a trading volume of 1,031,074 shares, compared to its average volume of 1,843,184. The firm has a 50-day moving average of $203.41 and a 200-day moving average of $179.33. The firm has a market cap of $25.86 billion, a price-to-earnings ratio of 55.70, a PEG ratio of 1.13 and a beta of 1.01. The company has a current ratio of 2.33, a quick ratio of 1.14 and a debt-to-equity ratio of 0.91. ATI Inc. has a fifty-two week low of $75.02 and a fifty-two week high of $243.57.

ATI (NYSE:ATI - Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The basic materials company reported $1.23 EPS for the quarter, topping the consensus estimate of $1.03 by $0.20. The company had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.22 billion. ATI had a return on equity of 29.27% and a net margin of 10.09%.The firm's revenue was up 10.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.74 earnings per share. ATI has set its Q3 2026 guidance at 1.310-1.370 EPS and its FY 2026 guidance at 4.900-5.180 EPS. Equities research analysts predict that ATI Inc. will post 5.11 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts have commented on the stock. Wall Street Zen upgraded shares of ATI from a "hold" rating to a "buy" rating in a research note on Saturday, August 8th. Zacks Research upgraded shares of ATI from a "hold" rating to a "strong-buy" rating in a research note on Thursday, June 25th. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a $262.00 price target on shares of ATI in a research report on Monday, August 10th. Wells Fargo & Company reaffirmed an "overweight" rating and set a $275.00 price objective on shares of ATI in a research report on Monday, August 10th. Finally, TD Cowen lifted their target price on ATI from $170.00 to $210.00 and gave the company a "buy" rating in a research note on Monday, July 13th. One analyst has rated the stock with a Strong Buy rating and nine have given a Buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Buy" and a consensus target price of $232.00.

Institutional Investors Weigh In On ATI

A number of institutional investors have recently added to or reduced their stakes in ATI. BlackRock Inc. purchased a new stake in ATI during the second quarter worth about $3,687,529,000. Bank of America Corp DE acquired a new stake in shares of ATI in the 2nd quarter worth approximately $348,285,000. Norges Bank purchased a new position in ATI in the 4th quarter valued at approximately $198,787,000. SG Americas Securities LLC increased its stake in ATI by 1,471.8% in the 1st quarter. SG Americas Securities LLC now owns 1,075,368 shares of the basic materials company's stock valued at $156,423,000 after purchasing an additional 1,006,951 shares in the last quarter. Finally, Bank of New York Mellon Corp acquired a new position in ATI during the second quarter worth $168,996,000.

ATI Company Profile

ATI Inc NYSE: ATI is a specialty materials and components manufacturer serving aerospace and defense, medical, energy, transportation, and other demanding industrial markets. The company develops and produces advanced alloys and engineered materials designed to perform in high-temperature, corrosive, and high-stress environments.

ATI's products include nickel-based superalloys, titanium and titanium-based materials, specialty stainless steels, zirconium and other specialty alloys. Its manufacturing capabilities also include precision forgings, castings, rolled products, and machined components used in aircraft engines, airframes, power-generation equipment, medical devices, and industrial applications.

The company was formed in 1996 through the combination of Allegheny Ludlum Corporation and Teledyne, Inc's specialty metals operations and adopted the name ATI Inc in 2021.

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