Atlas Energy Solutions Inc. $AESI Shares Purchased by AlphaQuest LLC

AlphaQuest LLC grew its position in shares of Atlas Energy Solutions Inc. (NYSE:AESI) by 520.9% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 151,979 shares of the company’s stock after purchasing an additional 127,502 shares during the quarter. AlphaQuest LLC owned 0.12% of Atlas Energy Solutions worth $1,728,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Liontrust Investment Partners LLP boosted its stake in Atlas Energy Solutions by 5,408.1% during the second quarter. Liontrust Investment Partners LLP now owns 1,075,400 shares of the company’s stock valued at $14,378,000 after buying an additional 1,055,876 shares in the last quarter. Cooke & Bieler LP lifted its holdings in Atlas Energy Solutions by 29.0% in the 3rd quarter. Cooke & Bieler LP now owns 4,153,554 shares of the company’s stock valued at $47,226,000 after acquiring an additional 934,114 shares during the last quarter. CenterBook Partners LP boosted its position in shares of Atlas Energy Solutions by 1,359.1% during the 2nd quarter. CenterBook Partners LP now owns 921,889 shares of the company’s stock valued at $12,326,000 after purchasing an additional 858,708 shares in the last quarter. Ameriprise Financial Inc. boosted its position in shares of Atlas Energy Solutions by 431.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 829,348 shares of the company’s stock valued at $11,088,000 after purchasing an additional 673,221 shares in the last quarter. Finally, Pine Ridge Advisers LLC grew its stake in shares of Atlas Energy Solutions by 83.7% in the 2nd quarter. Pine Ridge Advisers LLC now owns 1,212,980 shares of the company’s stock worth $16,218,000 after purchasing an additional 552,500 shares during the last quarter. Institutional investors own 34.59% of the company’s stock.

Insiders Place Their Bets

In other news, major shareholder Chris Scholla sold 52,150 shares of the company’s stock in a transaction dated Tuesday, November 18th. The stock was sold at an average price of $8.82, for a total value of $459,963.00. Following the transaction, the insider owned 550,907 shares in the company, valued at $4,858,999.74. This represents a 8.65% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 15.98% of the stock is currently owned by company insiders.

Atlas Energy Solutions Stock Performance

Shares of AESI stock opened at $11.69 on Friday. The company has a market capitalization of $1.45 billion, a price-to-earnings ratio of -129.89 and a beta of 1.24. Atlas Energy Solutions Inc. has a 1-year low of $7.64 and a 1-year high of $24.14. The company has a current ratio of 1.35, a quick ratio of 1.09 and a debt-to-equity ratio of 0.43. The stock’s fifty day simple moving average is $10.07 and its 200-day simple moving average is $10.91.

Analysts Set New Price Targets

Several analysts recently commented on the stock. The Goldman Sachs Group lowered shares of Atlas Energy Solutions from a “neutral” rating to a “sell” rating and cut their target price for the company from $12.00 to $8.00 in a research note on Thursday, November 20th. Royal Bank Of Canada set a $12.00 price objective on Atlas Energy Solutions in a research report on Thursday, January 15th. Weiss Ratings reissued a “sell (d+)” rating on shares of Atlas Energy Solutions in a research note on Monday, December 29th. Barclays reaffirmed an “underweight” rating and set a $7.00 target price (down from $11.00) on shares of Atlas Energy Solutions in a research report on Friday, November 14th. Finally, Citigroup decreased their price target on Atlas Energy Solutions from $11.00 to $10.40 and set a “neutral” rating for the company in a research report on Tuesday, December 23rd. Four investment analysts have rated the stock with a Buy rating, three have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $12.80.

About Atlas Energy Solutions

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.