Insider Selling: ATI (NYSE:ATI) CEO Sells 40,000 Shares of Stock

ATI Inc. (NYSE:ATI) CEO Kimberly Fields sold 40,000 shares of the company’s stock in a transaction that occurred on Tuesday, July 7th. The shares were sold at an average price of $182.91, for a total value of $7,316,400.00. Following the sale, the chief executive officer owned 157,321 shares in the company, valued at $28,775,584.11. The trade was a 20.27% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

ATI Stock Performance

Shares of NYSE ATI traded up $2.66 during trading on Thursday, reaching $188.26. The stock had a trading volume of 800,333 shares, compared to its average volume of 1,934,753. ATI Inc. has a one year low of $70.42 and a one year high of $205.31. 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 stock has a market cap of $25.69 billion, a PE ratio of 62.34, a P/E/G ratio of 1.57 and a beta of 0.96. The firm’s 50 day moving average price is $177.50 and its two-hundred day moving average price is $153.19.

ATI (NYSE:ATI) last posted its quarterly earnings results on Thursday, April 30th. The basic materials company reported $1.00 earnings per share (EPS) for the quarter, beating the consensus estimate 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 analyst estimates of $1.19 billion. During the same period in the prior year, the company 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. On average, research analysts forecast that ATI Inc. will post 4.45 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have recently issued reports on ATI. KeyCorp raised their price target on shares of ATI from $175.00 to $211.00 and gave the stock an “overweight” rating in a research report on Tuesday, June 30th. Wells Fargo & Company started coverage on shares of ATI in a research report on Wednesday, April 1st. They set an “overweight” rating and a $175.00 price objective for the company. Wall Street Zen upgraded shares of ATI from a “hold” rating to a “buy” rating in a research note on Saturday, July 4th. Susquehanna raised their target price on shares of ATI from $185.00 to $215.00 and gave the stock a “positive” rating in a report on Thursday. Finally, Weiss Ratings downgraded ATI from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, June 23rd. Two analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, ATI presently has an average rating of “Buy” and a consensus price target of $172.62.

Institutional Investors Weigh In On ATI

Several large investors have recently added to or reduced their stakes in the stock. Hennion & Walsh Asset Management Inc. boosted its holdings in shares of ATI by 18.0% during the second quarter. Hennion & Walsh Asset Management Inc. now owns 36,829 shares of the basic materials company’s stock valued at $7,259,000 after acquiring an additional 5,617 shares during the period. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of ATI during the second quarter worth about $569,000. Assenagon Asset Management S.A. increased its holdings in shares of ATI by 12.5% in the 2nd quarter. Assenagon Asset Management S.A. now owns 657,117 shares of the basic materials company’s stock worth $129,518,000 after acquiring an additional 73,087 shares during the period. 55 North Private Wealth LLC acquired a new stake in shares of ATI in the 2nd quarter worth about $236,000. Finally, Dynamic Advisor Solutions LLC bought a new stake in ATI in the 2nd quarter valued at about $238,000.

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.