Atlas Energy Solutions Inc. $AESI Shares Acquired by New York State Teachers Retirement System

New York State Teachers Retirement System grew its stake in Atlas Energy Solutions Inc. (NYSE:AESI) by 120.3% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 107,861 shares of the company’s stock after purchasing an additional 58,900 shares during the period. New York State Teachers Retirement System’s holdings in Atlas Energy Solutions were worth $1,016,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. EverSource Wealth Advisors LLC acquired a new position in Atlas Energy Solutions in the 2nd quarter worth about $25,000. Quarry LP acquired a new position in Atlas Energy Solutions in the 3rd quarter worth about $26,000. Centerpoint Advisors LLC raised its holdings in Atlas Energy Solutions by 270.6% in the 3rd quarter. Centerpoint Advisors LLC now owns 2,850 shares of the company’s stock worth $32,000 after purchasing an additional 2,081 shares during the period. CWM LLC raised its holdings in Atlas Energy Solutions by 555.4% in the 4th quarter. CWM LLC now owns 11,175 shares of the company’s stock worth $105,000 after purchasing an additional 9,470 shares during the period. Finally, BNP Paribas Financial Markets raised its holdings in Atlas Energy Solutions by 43.4% in the 2nd quarter. BNP Paribas Financial Markets now owns 7,823 shares of the company’s stock worth $105,000 after purchasing an additional 2,369 shares during the period. Institutional investors and hedge funds own 34.59% of the company’s stock.

Insider Buying and Selling at Atlas Energy Solutions

In other news, major shareholder Chris Scholla sold 8,912 shares of the stock in a transaction on Friday, March 6th. The stock was sold at an average price of $11.79, for a total value of $105,072.48. Following the sale, the insider directly owned 567,972 shares in the company, valued at approximately $6,696,389.88. This trade represents a 1.54% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Gregory M. Shepard sold 130,000 shares of the stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $11.98, for a total value of $1,557,400.00. Following the completion of the sale, the insider owned 7,421,210 shares in the company, valued at approximately $88,906,095.80. The trade was a 1.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 238,912 shares of company stock worth $2,837,472. Insiders own 16.40% of the company’s stock.

Atlas Energy Solutions Trading Up 0.1%

Shares of Atlas Energy Solutions stock opened at $18.74 on Monday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.94 and a current ratio of 1.17. The stock has a 50 day moving average of $13.30 and a 200 day moving average of $11.43. Atlas Energy Solutions Inc. has a fifty-two week low of $7.64 and a fifty-two week high of $19.61. The firm has a market capitalization of $2.33 billion, a price-to-earnings ratio of -23.72 and a beta of 1.08.

Analyst Ratings Changes

Several research firms have commented on AESI. Piper Sandler boosted their price objective on Atlas Energy Solutions from $10.00 to $13.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 15th. Zacks Research upgraded Atlas Energy Solutions from a “strong sell” rating to a “hold” rating in a research note on Monday, January 26th. Stephens set a $16.00 price objective on Atlas Energy Solutions in a research note on Tuesday, January 27th. The Goldman Sachs Group boosted their price objective on Atlas Energy Solutions from $8.00 to $9.00 and gave the stock a “sell” rating in a research note on Wednesday, March 4th. Finally, Royal Bank Of Canada boosted their price objective on Atlas Energy Solutions from $14.00 to $20.00 and gave the stock a “sector perform” rating in a research note on Wednesday. Three 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 stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $17.14.

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.