Argentarii LLC Raises Position in Atlas Energy Solutions Inc. $AESI

Argentarii LLC increased its stake in shares of Atlas Energy Solutions Inc. (NYSE:AESI) by 962.8% during the 4th quarter, HoldingsChannel.com reports. The firm owned 166,044 shares of the company’s stock after purchasing an additional 150,421 shares during the quarter. Argentarii LLC’s holdings in Atlas Energy Solutions were worth $1,564,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of AESI. Vanguard Group Inc. lifted its position 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 worth $88,607,000 after buying an additional 248,754 shares during the last quarter. Cooperman Leon G increased its position in Atlas Energy Solutions by 4.0% during the third quarter. Cooperman Leon G now owns 5,366,363 shares of the company’s stock valued at $61,016,000 after acquiring an additional 204,268 shares during the last quarter. Cooke & Bieler LP increased its position in Atlas Energy Solutions by 29.0% during the third quarter. Cooke & Bieler LP now owns 4,153,554 shares of the company’s stock valued at $47,226,000 after acquiring an additional 934,114 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC raised its stake in shares of Atlas Energy Solutions by 15.6% in the third quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 3,324,340 shares of the company’s stock valued at $37,798,000 after acquiring an additional 447,557 shares during the period. Finally, Villere ST Denis J & Co. LLC lifted its holdings in shares of 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 acquiring an additional 211,203 shares during the last quarter. Hedge funds and other institutional investors own 34.59% of the company’s stock.

Atlas Energy Solutions Stock Performance

Shares of NYSE:AESI opened at $13.96 on Friday. The firm’s 50 day simple moving average is $11.86 and its 200-day simple moving average is $10.84. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.16 and a current ratio of 1.46. Atlas Energy Solutions Inc. has a one year low of $7.64 and a one year high of $18.55. The firm has a market cap of $1.73 billion, a PE ratio of -34.91 and a beta of 1.31.

Wall Street Analysts Forecast Growth

AESI has been the topic of several analyst reports. Citigroup cut their price target 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. Stephens set a $16.00 price objective on shares of Atlas Energy Solutions in a research note on Tuesday, January 27th. Barclays boosted their target price on Atlas Energy Solutions from $8.00 to $11.00 and gave the company an “underweight” rating in a research report on Thursday, March 12th. Royal Bank Of Canada set a $12.00 target price on Atlas Energy Solutions in a research note on Thursday, January 15th. Finally, The Goldman Sachs Group raised their price target on Atlas Energy Solutions from $8.00 to $9.00 and gave the stock a “sell” rating in a research note on Wednesday, March 4th. Three equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $11.63.

Insider Activity at Atlas Energy Solutions

In other Atlas Energy Solutions news, major shareholder Chris Scholla sold 8,912 shares of the company’s stock in a transaction on Friday, March 6th. The stock was sold at an average price of $11.79, for a total value of $105,072.48. Following the completion of the sale, 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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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 value of $1,557,400.00. Following the transaction, the insider owned 7,421,210 shares in the company, valued at approximately $88,906,095.80. This represents a 1.72% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 238,912 shares of company stock worth $2,837,472. 15.98% of the stock is owned by insiders.

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.