Leon G. Cooperman Acquires 1,277,162 Shares of Atlas Energy Group LLC (ATLS) Stock
Atlas Energy Group LLC (NASDAQ:ATLS) major shareholder Leon G. Cooperman purchased 1,277,162 shares of the company’s stock in a transaction dated Tuesday, September 20th. The stock was purchased at an average price of $0.86 per share, with a total value of $1,098,359.32. Following the completion of the purchase, the insider now directly owns 191,800 shares in the company, valued at approximately $164,948. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Major shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.
Atlas Energy Group LLC (NASDAQ:ATLS) opened at 1.23 on Thursday. The company’s market capitalization is $32.03 million. Atlas Energy Group LLC has a 52 week low of $0.10 and a 52 week high of $2.92. The stock has a 50 day moving average price of $0.41 and a 200-day moving average price of $0.52.
About Atlas Energy Group
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Atlas Energy Group, LLC is an energy management company, which acquires and develops upstream and midstream oil and gas assets. The Company has ownership interests in the general partner Class A units, and over 23.3% limited partner interest in Atlas Resource Partners, L.P. (ARP), which is an independent developer and producer of natural gas, crude oil and natural gas liquids; over 80% general partner interest and approximately 2.1% limited partner interest in Atlas Growth Partners, L.P.
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