Insider Selling: ATI (NYSE:ATI) CEO Sells $2,686,707.12 in Stock

ATI Inc. (NYSE:ATI) CEO Kimberly Fields sold 13,269 shares of ATI stock in a transaction that occurred on Monday, June 22nd. The shares were sold at an average price of $202.48, for a total transaction of $2,686,707.12. Following the transaction, the chief executive officer directly owned 204,745 shares in the company, valued at approximately $41,456,767.60. The trade was a 6.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

ATI Stock Down 1.2%

ATI stock traded down $2.38 during mid-day trading on Wednesday, reaching $197.22. 1,873,267 shares of the company were exchanged, compared to its average volume of 1,947,572. The company has a debt-to-equity ratio of 0.95, a quick ratio of 1.17 and a current ratio of 2.67. The firm has a market cap of $26.91 billion, a P/E ratio of 65.30, a PEG ratio of 1.76 and a beta of 0.96. The business has a fifty day moving average of $170.04 and a 200 day moving average of $146.45. ATI Inc. has a 12-month low of $70.42 and a 12-month high of $205.31.

ATI (NYSE:ATI) last announced its quarterly earnings results on Thursday, April 30th. The basic materials company reported $1.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.88 by $0.12. ATI had a return on equity of 26.44% and a net margin of 9.26%.The business had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.19 billion. During the same period last year, the business posted $0.72 EPS. The business’s revenue was up .6% compared to the same quarter last year. ATI has set its Q2 2026 guidance at 0.980-1.040 EPS and its FY 2026 guidance at 4.200-4.480 EPS. Research analysts anticipate that ATI Inc. will post 4.43 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts recently commented on ATI shares. KeyCorp boosted their price objective on shares of ATI from $167.00 to $175.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. JPMorgan Chase & Co. lifted their price target on shares of ATI from $150.00 to $175.00 and gave the stock an “overweight” rating in a report on Friday, May 1st. Wells Fargo & Company initiated coverage on ATI in a report on Wednesday, April 1st. They set an “overweight” rating and a $175.00 price objective for the company. BTIG Research raised their price objective on ATI from $165.00 to $180.00 and gave the stock a “buy” rating in a research report on Friday, May 1st. Finally, Wall Street Zen lowered ATI from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $164.38.

Institutional Investors Weigh In On ATI

Large investors have recently made changes to their positions in the stock. Royal Bank of Canada increased its holdings in shares of ATI by 8.1% during the 1st quarter. Royal Bank of Canada now owns 60,369 shares of the basic materials company’s stock valued at $3,140,000 after purchasing an additional 4,542 shares in the last quarter. Goldman Sachs Group Inc. grew its position in ATI by 49.4% during the first quarter. Goldman Sachs Group Inc. now owns 633,948 shares of the basic materials company’s stock valued at $32,984,000 after buying an additional 209,480 shares during the period. Cetera Investment Advisers purchased a new position in ATI in the second quarter valued at $324,000. M&T Bank Corp purchased a new position in ATI in the second quarter valued at $317,000. Finally, First Trust Advisors LP raised its position in shares of ATI by 4.9% in the second quarter. First Trust Advisors LP now owns 197,214 shares of the basic materials company’s stock worth $17,028,000 after acquiring an additional 9,234 shares during the period.

ATI Company Profile

Allegheny Technologies Incorporated (ATI) is a global manufacturer of specialty materials and complex components, serving aerospace, defense, oil and gas, chemical processing, medical and other industrial end markets. The company operates through two main segments: High Performance Materials & Components, which produces titanium and nickel-based alloys, stainless and specialty steels, and precision forgings; and Flat-Rolled Products, which supplies stainless steel, nickel and specialty alloy sheet, strip and precision-rolled plate.