Insider Selling: ATI (NYSE:ATI) CEO Sells 21,153 Shares of Stock

Key Points

• ATI CEO Kimberly Fields sold 21,153 shares of the company's stock for approximately $1.82 million, resulting in a 9.45% decrease in her overall ownership.
• The stock price of ATI declined by 2.5% to $81.21 following the insider sale, reflecting ongoing market fluctuations.
• Analysts have a consensus rating of "Moderate Buy" for ATI, with a price target of $90.86, indicating potential upside for investors.

ATI Inc. (NYSE:ATI - Get Free Report) CEO Kimberly Fields sold 21,153 shares of the business's stock in a transaction that occurred on Wednesday, October 15th. The stock was sold at an average price of $85.87, for a total transaction of $1,816,408.11. Following the sale, the chief executive officer directly owned 202,668 shares in the company, valued at $17,403,101.16. The trade was a 9.45% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

ATI Trading Down 2.5%

Shares of NYSE:ATI traded down $2.11 during mid-day trading on Thursday, reaching $81.21. 1,098,683 shares of the company's stock were exchanged, compared to its average volume of 1,981,877. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.20 and a current ratio of 2.52. ATI Inc. has a twelve month low of $39.23 and a twelve month high of $96.20. The firm has a market capitalization of $11.19 billion, a price-to-earnings ratio of 28.20, a PEG ratio of 1.26 and a beta of 1.29. The business's fifty day moving average price is $77.86 and its 200-day moving average price is $74.85.

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 (EPS) for the quarter, topping the consensus estimate 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 return on equity of 21.34% and a net margin of 9.26%.ATI's revenue for the quarter was up 4.1% compared to the same quarter last year. During the same period last year, the company 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, research analysts predict that ATI Inc. will post 2.89 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of ATI. WPG Advisers LLC acquired a new position in shares of ATI during the first quarter valued at about $29,000. Golden State Wealth Management LLC increased its position 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 valued at $31,000 after buying an additional 304 shares in the last quarter. MassMutual Private Wealth & Trust FSB raised its stake 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 buying an additional 171 shares during the period. Signaturefd LLC boosted its holdings in ATI by 117.7% in the second quarter. Signaturefd LLC now owns 381 shares of the basic materials company's stock worth $33,000 after acquiring an additional 206 shares in the last quarter. Finally, Bessemer Group Inc. boosted its holdings in ATI by 139.9% in the first quarter. Bessemer Group Inc. now owns 662 shares of the basic materials company's stock worth $34,000 after acquiring an additional 386 shares in the last quarter.

Wall Street Analysts Forecast Growth

Several analysts recently commented on ATI shares. Weiss Ratings reiterated a "buy (b-)" rating on shares of ATI in a report on Wednesday, October 8th. Susquehanna reduced their price objective on shares of ATI from $105.00 to $100.00 and set a "positive" rating on the stock in a research note on Friday, August 1st. Deutsche Bank Aktiengesellschaft set a $98.00 price objective on shares of ATI in a research report on Wednesday, October 8th. Zacks Research upgraded shares of ATI to a "hold" rating in a report on Tuesday, August 12th. Finally, BTIG Research reaffirmed a "buy" rating and set a $120.00 price target on shares of ATI in a research report on Friday, September 12th. Seven investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, ATI currently has a consensus rating of "Moderate Buy" and a consensus price target of $90.86.

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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