CenterBook Partners LP Sells 775,958 Shares of Atlas Energy Solutions Inc. $AESI

CenterBook Partners LP cut its position in Atlas Energy Solutions Inc. (NYSE:AESI) by 84.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 145,931 shares of the company’s stock after selling 775,958 shares during the quarter. CenterBook Partners LP owned about 0.12% of Atlas Energy Solutions worth $1,659,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in AESI. Vanguard Group Inc. lifted its stake in Atlas Energy Solutions by 3.3% in the third quarter. Vanguard Group Inc. now owns 7,793,029 shares of the company’s stock valued at $88,607,000 after acquiring an additional 248,754 shares during the last quarter. Cooke & Bieler LP raised its holdings in shares of Atlas Energy Solutions by 29.0% in the 3rd quarter. Cooke & Bieler LP now owns 4,153,554 shares of the company’s stock valued at $47,226,000 after purchasing an additional 934,114 shares during the period. Villere ST Denis J & Co. LLC lifted its stake in Atlas Energy Solutions by 10.5% in the 3rd quarter. Villere ST Denis J & Co. LLC now owns 2,219,928 shares of the company’s stock valued at $25,241,000 after purchasing an additional 211,203 shares during the last quarter. Geode Capital Management LLC lifted its stake in Atlas Energy Solutions by 5.0% in the 2nd quarter. Geode Capital Management LLC now owns 1,765,797 shares of the company’s stock valued at $23,611,000 after purchasing an additional 84,760 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its holdings in Atlas Energy Solutions by 18.5% during the first quarter. Goldman Sachs Group Inc. now owns 1,409,054 shares of the company’s stock worth $25,138,000 after purchasing an additional 219,834 shares during the period. 34.59% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

AESI has been the topic of several research analyst reports. Royal Bank Of Canada set a $12.00 price objective on Atlas Energy Solutions in a research note on Thursday, January 15th. Weiss Ratings raised Atlas Energy Solutions from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, February 11th. Barclays reaffirmed an “underweight” rating and set a $7.00 price target (down previously from $11.00) on shares of Atlas Energy Solutions in a report on Friday, November 14th. Citigroup decreased their price objective on shares of Atlas Energy Solutions from $11.00 to $10.40 and set a “neutral” rating on the stock in a report on Tuesday, December 23rd. Finally, Stephens set a $16.00 target price on shares of Atlas Energy Solutions in a research note on Tuesday, January 27th. Four investment analysts have rated the stock with a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, Atlas Energy Solutions presently has a consensus rating of “Hold” and a consensus target price of $12.80.

Insider Activity

In other Atlas Energy Solutions news, insider Gregory M. Shepard sold 130,000 shares of Atlas Energy Solutions stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $11.98, for a total value of $1,557,400.00. Following the completion of the transaction, the insider directly owned 7,421,210 shares of the company’s stock, valued at $88,906,095.80. The trade was a 1.72% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 15.98% of the company’s stock.

Atlas Energy Solutions Stock Performance

Shares of NYSE:AESI opened at $12.04 on Friday. The company’s 50 day moving average price is $10.77 and its two-hundred day moving average price is $10.76. Atlas Energy Solutions Inc. has a 12-month low of $7.64 and a 12-month high of $22.34. The firm has a market cap of $1.49 billion, a PE ratio of -133.79 and a beta of 1.22. The company has a quick ratio of 1.09, a current ratio of 1.35 and a debt-to-equity ratio of 0.43.

Atlas Energy Solutions Profile

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.