Rep. Chip Roy Sells Shares of Atlas Energy Solutions Inc. (NYSE:AESI)

Representative Chip Roy (Republican-Texas) recently sold shares of Atlas Energy Solutions Inc. (NYSE:AESI). In a filing disclosed on June 10th, the Representative disclosed that they had sold between $100,001 and $250,000 in Atlas Energy Solutions stock on May 13th.

Atlas Energy Solutions Trading Down 3.1%

Atlas Energy Solutions stock opened at $16.50 on Friday. Atlas Energy Solutions Inc. has a 52 week low of $7.64 and a 52 week high of $20.13. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.94 and a current ratio of 1.17. The firm has a market capitalization of $2.06 billion, a price-to-earnings ratio of -20.88 and a beta of 1.02. The company has a 50 day moving average price of $16.25 and a 200 day moving average price of $12.83.

Wall Street Analyst Weigh In

Several analysts have recently commented on AESI shares. Citigroup raised their target price on Atlas Energy Solutions from $18.00 to $22.00 and gave the stock a “buy” rating in a research report on Tuesday, May 12th. The Goldman Sachs Group increased their price objective on Atlas Energy Solutions from $9.00 to $14.00 and gave the stock a “sell” rating in a research note on Wednesday, June 3rd. Stifel Nicolaus set a $28.00 price objective on Atlas Energy Solutions in a research report on Friday, May 1st. Raymond James Financial raised Atlas Energy Solutions from a “market perform” rating to an “outperform” rating and set a $25.00 target price on the stock in a research note on Tuesday, June 2nd. Finally, Royal Bank Of Canada upped their target price on Atlas Energy Solutions from $14.00 to $20.00 and gave the company a “sector perform” rating in a report on Wednesday, May 6th. Four analysts have rated the stock with a Buy rating, three have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat, Atlas Energy Solutions has a consensus rating of “Hold” and an average target price of $20.00.

Hedge Funds Weigh In On Atlas Energy Solutions

Several institutional investors and hedge funds have recently modified their holdings of the stock. EverSource Wealth Advisors LLC purchased a new stake in shares of Atlas Energy Solutions during the second quarter worth $25,000. Quarry LP purchased a new position in Atlas Energy Solutions in the third quarter valued at about $26,000. Caitong International Asset Management Co. Ltd increased its position in Atlas Energy Solutions by 91,500.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 2,748 shares of the company’s stock worth $26,000 after purchasing an additional 2,745 shares during the last quarter. Islay Capital Management LLC acquired a new position in Atlas Energy Solutions in the 4th quarter worth about $28,000. Finally, Centerpoint Advisors LLC raised its stake in shares of Atlas Energy Solutions by 270.6% during the 3rd quarter. Centerpoint Advisors LLC now owns 2,850 shares of the company’s stock worth $32,000 after purchasing an additional 2,081 shares in the last quarter. 34.59% of the stock is currently owned by hedge funds and other institutional investors.

About Representative Roy

Chip Roy (Republican Party) is a member of the U.S. House, representing Texas’ 21st Congressional District. He assumed office on January 3, 2019. His current term ends on January 3, 2027.

Roy (Republican Party) is running for re-election to the U.S. House to represent Texas’ 21st Congressional District. He declared candidacy for the 2026 election.

Roy served as chief of staff to Sen. Ted Cruz (R-Texas) and senior advisor to Texas Gov. Rick Perry (R). Both Cruz and Perry endorsed Roy’s candidacy as did conservative groups such as the Club for Growth, the House Freedom Fund (connected with the House Freedom Caucus), and the Senate Conservatives Fund.

According to Maddie Diorio, a Republican activist who endorsed him, “Chip Roy is going to Washington DC to be the next Ted Cruz, Mike Lee, Rand Paul and follow in the footsteps of the other great conservatives.”

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.