Ritholtz Wealth Management Has $772,000 Stake in Alpha Metallurgical Resources, Inc. (NYSE:AMR)

Ritholtz Wealth Management lowered its holdings in shares of Alpha Metallurgical Resources, Inc. (NYSE:AMRFree Report) by 7.7% during the fourth quarter, Holdings Channel reports. The institutional investor owned 2,278 shares of the energy company’s stock after selling 191 shares during the quarter. Ritholtz Wealth Management’s holdings in Alpha Metallurgical Resources were worth $772,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Fuller & Thaler Asset Management Inc. acquired a new position in shares of Alpha Metallurgical Resources in the 3rd quarter worth approximately $128,857,000. Pacer Advisors Inc. acquired a new position in Alpha Metallurgical Resources during the fourth quarter worth $139,291,000. Renaissance Technologies LLC lifted its holdings in shares of Alpha Metallurgical Resources by 545.5% during the first quarter. Renaissance Technologies LLC now owns 304,115 shares of the energy company’s stock valued at $40,131,000 after acquiring an additional 257,000 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of Alpha Metallurgical Resources by 13,521.9% in the 1st quarter. Envestnet Asset Management Inc. now owns 222,855 shares of the energy company’s stock valued at $39,000 after purchasing an additional 221,219 shares in the last quarter. Finally, Vanguard Group Inc. grew its holdings in shares of Alpha Metallurgical Resources by 17.0% in the 3rd quarter. Vanguard Group Inc. now owns 1,492,124 shares of the energy company’s stock worth $204,182,000 after purchasing an additional 216,652 shares during the last quarter. Institutional investors own 84.29% of the company’s stock.

Alpha Metallurgical Resources Trading Up 2.5 %

NYSE:AMR opened at $331.17 on Friday. The stock has a market capitalization of $4.31 billion, a P/E ratio of 6.80 and a beta of 1.37. Alpha Metallurgical Resources, Inc. has a 1 year low of $132.72 and a 1 year high of $452.00. The firm has a 50 day moving average of $365.72 and a 200-day moving average of $308.92.

Alpha Metallurgical Resources (NYSE:AMRGet Free Report) last issued its quarterly earnings data on Monday, February 26th. The energy company reported $12.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $8.78 by $4.10. Alpha Metallurgical Resources had a return on equity of 46.22% and a net margin of 20.80%. The firm had revenue of $959.90 million during the quarter, compared to the consensus estimate of $796.65 million. During the same quarter in the previous year, the company posted $13.37 EPS. The business’s revenue for the quarter was up 16.6% compared to the same quarter last year. As a group, analysts forecast that Alpha Metallurgical Resources, Inc. will post 37.3 EPS for the current fiscal year.

Insider Buying and Selling

In other Alpha Metallurgical Resources news, Director David J. Stetson sold 30,694 shares of the business’s stock in a transaction dated Wednesday, February 28th. The shares were sold at an average price of $392.30, for a total value of $12,041,256.20. Following the completion of the transaction, the director now directly owns 26,054 shares of the company’s stock, valued at $10,220,984.20. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. In related news, COO Jason E. Whitehead sold 23,187 shares of Alpha Metallurgical Resources stock in a transaction dated Wednesday, February 28th. The stock was sold at an average price of $366.04, for a total value of $8,487,369.48. Following the completion of the sale, the chief operating officer now directly owns 25,384 shares in the company, valued at $9,291,559.36. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director David J. Stetson sold 30,694 shares of the company’s stock in a transaction dated Wednesday, February 28th. The shares were sold at an average price of $392.30, for a total transaction of $12,041,256.20. Following the transaction, the director now owns 26,054 shares in the company, valued at $10,220,984.20. The disclosure for this sale can be found here. Insiders have sold a total of 153,971 shares of company stock worth $55,479,986 in the last 90 days. Corporate insiders own 15.00% of the company’s stock.

Alpha Metallurgical Resources Profile

(Free Report)

Alpha Metallurgical Resources, Inc, a mining company, produces, processes, and sells met and thermal coal in Virginia and West Virginia. The company offers metallurgical coal products. It operates twenty-two active mines and nine coal preparation and load-out facilities. The company was formerly known as Contura Energy, Inc and changed its name to Alpha Metallurgical Resources, Inc in February 2021.

Recommended Stories

Want to see what other hedge funds are holding AMR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alpha Metallurgical Resources, Inc. (NYSE:AMRFree Report).

Institutional Ownership by Quarter for Alpha Metallurgical Resources (NYSE:AMR)

Receive News & Ratings for Alpha Metallurgical Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alpha Metallurgical Resources and related companies with MarketBeat.com's FREE daily email newsletter.