Argentarii LLC Acquires 150,421 Shares of Atlas Energy Solutions Inc. $AESI

Argentarii LLC boosted its holdings in shares of Atlas Energy Solutions Inc. (NYSE:AESI) by 962.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 166,044 shares of the company’s stock after buying an additional 150,421 shares during the quarter. Argentarii LLC owned approximately 0.13% of Atlas Energy Solutions worth $1,564,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Boston Partners bought a new position in shares of Atlas Energy Solutions in the second quarter worth approximately $627,000. AlphaQuest LLC raised its position in shares of Atlas Energy Solutions by 520.9% during the 3rd quarter. AlphaQuest LLC now owns 151,979 shares of the company’s stock valued at $1,728,000 after purchasing an additional 127,502 shares during the period. Kennedy Capital Management LLC lifted its stake in shares of Atlas Energy Solutions by 35.4% during the 2nd quarter. Kennedy Capital Management LLC now owns 943,501 shares of the company’s stock valued at $12,615,000 after buying an additional 246,843 shares in the last quarter. Advisors Asset Management Inc. purchased a new position in shares of Atlas Energy Solutions during the 2nd quarter valued at $1,172,000. Finally, Villere ST Denis J & Co. LLC boosted its holdings 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 worth $25,241,000 after buying an additional 211,203 shares during the period. 34.59% of the stock is currently owned by institutional investors.

Atlas Energy Solutions Price Performance

NYSE:AESI opened at $13.96 on Friday. The business’s 50-day moving average is $11.86 and its 200 day moving average is $10.84. Atlas Energy Solutions Inc. has a 12 month low of $7.64 and a 12 month high of $18.55. The company has a market capitalization of $1.73 billion, a P/E ratio of -34.91 and a beta of 1.31. The company has a current ratio of 1.46, a quick ratio of 1.16 and a debt-to-equity ratio of 0.47.

Insider Activity at Atlas Energy Solutions

In other news, major shareholder Chris Scholla sold 8,912 shares of the stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $11.79, for a total transaction of $105,072.48. Following the completion of the transaction, the insider directly owned 567,972 shares in the company, valued at approximately $6,696,389.88. This represents a 1.54% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Gregory M. Shepard sold 130,000 shares of the firm’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $11.98, for a total transaction 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 approximately $88,906,095.80. This trade represents a 1.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 238,912 shares of company stock worth $2,837,472 over the last ninety days. Insiders own 15.98% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have commented on AESI. Stephens set a $16.00 price target on Atlas Energy Solutions in a report on Tuesday, January 27th. Weiss Ratings cut Atlas Energy Solutions from a “hold (c-)” rating to a “sell (d)” rating in a research report on Friday, February 27th. Barclays lifted their target price on Atlas Energy Solutions from $8.00 to $11.00 and gave the company an “underweight” rating in a research note on Thursday, March 12th. Zacks Research raised Atlas Energy Solutions from a “strong sell” rating to a “hold” rating in a report on Monday, January 26th. Finally, Royal Bank Of Canada set a $12.00 price target on Atlas Energy Solutions in a research note on Thursday, January 15th. Three research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $11.63.

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.