ATI (NYSE:ATI) Trading Down 4% Following Insider Selling

Key Points

• ATI shares fell about 4% after Vice President Timothy Harris sold 16,500 shares for approximately $3.19 million, reducing his position by 14.5%.
• Despite the insider sale, analysts remain bullish: ATI has a consensus “Buy” rating and an average price target of $232, well above the recent trading price.
• ATI reported strong quarterly results, with EPS of $1.23 beating estimates by $0.20 and revenue rising 10.6% year over year to $1.26 billion; management also issued fiscal 2026 earnings guidance of $4.90–$5.18 per share.

ATI Inc. (NYSE:ATI - Get Free Report)'s stock price dropped 4% during trading on Thursday following insider selling activity. The company traded as low as $187.85 and last traded at $181.97. 140,029 shares changed hands during mid-day trading, a decline of 92% from the average session volume of 1,854,331 shares. The stock had previously closed at $189.65.

Specifically, VP Timothy Harris sold 16,500 shares of the stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $193.06, for a total transaction of $3,185,490.00. Following the transaction, the vice president owned 97,187 shares in the company, valued at $18,762,922.22. This trade represents a 14.51% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on ATI. Weiss Ratings raised shares of ATI from a "hold (c+)" rating to a "buy (b-)" rating in a report on Thursday, July 9th. Wall Street Zen raised shares of ATI from a "hold" rating to a "buy" rating in a report on Saturday, August 8th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a $262.00 target price on shares of ATI in a research report on Monday, August 10th. Susquehanna upped their price target on shares of ATI from $215.00 to $265.00 and gave the stock a "positive" rating in a research report on Friday, August 7th. Finally, KeyCorp raised their price target on shares of ATI from $211.00 to $258.00 and gave the company an "overweight" rating in a research note on Wednesday, August 12th. One research analyst has rated the stock with a Strong Buy rating and nine have assigned a Buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of $232.00.

ATI Trading Down 2.8%

The company has a 50 day moving average of $203.41 and a 200 day moving average of $179.33. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.14 and a current ratio of 2.33. The stock has a market capitalization of $25.10 billion, a price-to-earnings ratio of 54.05, a P/E/G ratio of 1.13 and a beta of 1.01.

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

Hedge Funds Weigh In On ATI

Institutional investors have recently added to or reduced their stakes in the stock. Triumph Capital Management grew its stake in ATI by 22.4% in the 2nd quarter. Triumph Capital Management now owns 317 shares of the basic materials company's stock worth $62,000 after acquiring an additional 58 shares during the period. Meeder Asset Management Inc. lifted its holdings in shares of ATI by 2.8% during the 1st quarter. Meeder Asset Management Inc. now owns 2,754 shares of the basic materials company's stock worth $401,000 after acquiring an additional 74 shares during the period. Signature Equity Partners LLC boosted its holdings in shares of ATI by 208.5% in the 1st quarter. Signature Equity Partners LLC now owns 182 shares of the basic materials company's stock valued at $26,000 after purchasing an additional 123 shares during the last quarter. Parkside Financial Bank & Trust boosted its holdings in ATI by 28.4% in the second quarter. Parkside Financial Bank & Trust now owns 610 shares of the basic materials company's stock valued at $120,000 after acquiring an additional 135 shares during the last quarter. Finally, CoreCap Advisors LLC purchased a new stake in shares of ATI during the 2nd quarter worth about $30,000.

About ATI

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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