Ashford Capital Management Inc. Has $1.53 Million Stake in Atlas Energy Solutions Inc. $AESI

Ashford Capital Management Inc. lowered its position in shares of Atlas Energy Solutions Inc. (NYSE:AESI) by 75.5% during the fourth quarter, HoldingsChannel.com reports. The fund owned 162,630 shares of the company’s stock after selling 502,505 shares during the quarter. Ashford Capital Management Inc.’s holdings in Atlas Energy Solutions were worth $1,532,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of AESI. Royal Bank of Canada boosted its position in Atlas Energy Solutions by 26.0% during the first quarter. Royal Bank of Canada now owns 249,793 shares of the company’s stock valued at $4,456,000 after acquiring an additional 51,477 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Atlas Energy Solutions by 14.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 44,209 shares of the company’s stock valued at $789,000 after acquiring an additional 5,579 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in shares of Atlas Energy Solutions by 18.5% during the 1st 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 in the last quarter. Schnieders Capital Management LLC. bought a new position in shares of Atlas Energy Solutions during the 2nd quarter worth about $134,000. Finally, Russell Investments Group Ltd. boosted its position in shares of Atlas Energy Solutions by 6.8% during the 2nd quarter. Russell Investments Group Ltd. now owns 108,001 shares of the company’s stock worth $1,444,000 after purchasing an additional 6,869 shares in the last quarter. Institutional investors own 34.59% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. Citigroup increased their price objective on shares of Atlas Energy Solutions from $18.00 to $22.00 and gave the stock a “buy” rating in a research report on Tuesday, May 12th. Weiss Ratings raised shares of Atlas Energy Solutions from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, June 5th. Stifel Nicolaus set a $28.00 price objective on shares of Atlas Energy Solutions in a research report on Friday, May 1st. Barclays increased their price objective on shares of Atlas Energy Solutions from $12.00 to $16.00 and gave the stock an “underweight” rating in a research report on Friday, May 8th. Finally, Piper Sandler increased their price objective on shares of Atlas Energy Solutions from $13.00 to $19.00 and gave the stock a “neutral” rating in a research report on Monday, May 18th. Four analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $20.00.

Atlas Energy Solutions Stock Down 1.7%

Shares of NYSE:AESI opened at $16.33 on Wednesday. The stock has a market cap of $2.04 billion, a price-to-earnings ratio of -20.67 and a beta of 1.02. The company has a quick ratio of 0.94, a current ratio of 1.17 and a debt-to-equity ratio of 0.51. Atlas Energy Solutions Inc. has a 12-month low of $7.64 and a 12-month high of $20.13. The business’s 50 day moving average is $16.52 and its 200 day moving average is $13.00.

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.