Atlas Energy Solutions Inc. $AESI Shares Acquired by Advisors Asset Management Inc.

Advisors Asset Management Inc. boosted its position in shares of Atlas Energy Solutions Inc. (NYSE:AESI) by 169.6% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 236,395 shares of the company’s stock after buying an additional 148,709 shares during the quarter. Advisors Asset Management Inc. owned 0.19% of Atlas Energy Solutions worth $2,688,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Thrivent Financial for Lutherans boosted its position in shares of Atlas Energy Solutions by 1.7% during the 2nd quarter. Thrivent Financial for Lutherans now owns 53,631 shares of the company’s stock valued at $717,000 after purchasing an additional 874 shares in the last quarter. Police & Firemen s Retirement System of New Jersey lifted its stake in Atlas Energy Solutions by 7.1% during the second quarter. Police & Firemen s Retirement System of New Jersey now owns 16,090 shares of the company’s stock valued at $215,000 after purchasing an additional 1,061 shares during the last quarter. Louisiana State Employees Retirement System boosted its holdings in Atlas Energy Solutions by 3.5% during the third quarter. Louisiana State Employees Retirement System now owns 35,300 shares of the company’s stock worth $401,000 after buying an additional 1,200 shares in the last quarter. Belpointe Asset Management LLC grew its position in Atlas Energy Solutions by 3.5% in the third quarter. Belpointe Asset Management LLC now owns 36,262 shares of the company’s stock worth $412,000 after buying an additional 1,232 shares during the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its holdings in shares of Atlas Energy Solutions by 8.9% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 18,726 shares of the company’s stock valued at $250,000 after buying an additional 1,538 shares in the last quarter. 34.59% of the stock is currently owned by institutional investors.

Insider Activity

In related news, major shareholder Chris Scholla sold 52,150 shares of Atlas Energy Solutions stock in a transaction on Tuesday, November 18th. The stock was sold at an average price of $8.82, for a total transaction of $459,963.00. Following the completion of the sale, the insider owned 550,907 shares of the company’s stock, valued at approximately $4,858,999.74. This trade represents a 8.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 15.98% of the company’s stock.

Wall Street Analysts Forecast Growth

AESI has been the subject of several research reports. Zacks Research raised Atlas Energy Solutions from a “strong sell” rating to a “hold” rating in a research note on Monday, January 26th. Royal Bank Of Canada set a $12.00 target price on Atlas Energy Solutions in a report on Thursday, January 15th. Stephens set a $16.00 price target on Atlas Energy Solutions in a research note on Tuesday, January 27th. Weiss Ratings raised shares of Atlas Energy Solutions from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday. Finally, Piper Sandler decreased their target price on shares of Atlas Energy Solutions from $12.00 to $10.00 and set a “neutral” rating for the company in a report on Monday, November 17th. Four research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, Atlas Energy Solutions presently has a consensus rating of “Hold” and an average target price of $12.80.

Atlas Energy Solutions Stock Up 4.9%

AESI stock opened at $11.76 on Friday. The company has a 50 day moving average of $10.63 and a two-hundred day moving average of $10.77. The company has a market cap of $1.46 billion, a price-to-earnings ratio of -130.61 and a beta of 1.22. Atlas Energy Solutions Inc. has a 12-month low of $7.64 and a 12-month high of $22.74. The company has a quick ratio of 1.09, a current ratio of 1.35 and a debt-to-equity ratio of 0.43.

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.