Insider Selling: ATI (NYSE:ATI) CEO Sells 3,783 Shares

ATI Inc. (NYSE:ATI) CEO Kimberly Fields sold 3,783 shares of the firm’s stock in a transaction on Wednesday, June 24th. The stock was sold at an average price of $197.21, for a total value of $746,045.43. Following the completion of the sale, the chief executive officer directly owned 197,321 shares of the company’s stock, valued at $38,913,674.41. This trade represents a 1.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

ATI Trading Down 1.2%

Shares of NYSE ATI traded down $2.38 during trading on Wednesday, hitting $197.22. 1,873,267 shares of the company were exchanged, compared to its average volume of 1,947,572. The company has a fifty day moving average price of $170.04 and a 200-day moving average price of $146.45. 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 capitalization of $26.91 billion, a PE ratio of 65.30, a P/E/G ratio of 1.76 and a beta of 0.96. 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 data 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 net margin of 9.26% and a return on equity of 26.44%. The firm had revenue of $1.15 billion during the quarter, compared to analyst estimates of $1.19 billion. During the same quarter in the prior year, the firm posted $0.72 earnings per share. ATI’s quarterly revenue was up .6% on a year-over-year basis. ATI has set its Q2 2026 guidance at 0.980-1.040 EPS and its FY 2026 guidance at 4.200-4.480 EPS. As a group, equities research analysts expect that ATI Inc. will post 4.43 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of ATI. Wealth Enhancement Advisory Services LLC lifted its stake in ATI by 53.5% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 25,648 shares of the basic materials company’s stock worth $3,103,000 after acquiring an additional 8,939 shares in the last quarter. Nordea Investment Management AB purchased a new stake in ATI during the fourth quarter worth about $6,114,000. First Financial Bankshares Inc purchased a new stake in ATI during the third quarter worth about $1,589,000. Northwestern Mutual Wealth Management Co. lifted its position in shares of ATI by 456.9% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 129,617 shares of the basic materials company’s stock worth $14,875,000 after purchasing an additional 106,343 shares in the last quarter. Finally, Intech Investment Management LLC lifted its position in shares of ATI by 96.6% during the third quarter. Intech Investment Management LLC now owns 52,090 shares of the basic materials company’s stock worth $4,237,000 after purchasing an additional 25,590 shares in the last quarter.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on ATI. Weiss Ratings lowered ATI from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday. JPMorgan Chase & Co. upped their price target on ATI from $150.00 to $175.00 and gave the company an “overweight” rating in a research note on Friday, May 1st. BTIG Research increased their price target on ATI from $165.00 to $180.00 and gave the stock a “buy” rating in a report on Friday, May 1st. KeyCorp raised their price objective on ATI from $167.00 to $175.00 and gave the stock an “overweight” rating in a research report on Monday, May 4th. Finally, Susquehanna boosted their price objective on shares of ATI from $155.00 to $185.00 and gave the company a “positive” rating in a report on Friday, April 10th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $164.38.

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.