Insider Selling: ATI (NYSE:ATI) CEO Sells $719,024.68 in Stock

by · The Markets Daily

ATI Inc. (NYSE:ATI – Get Free Report) CEO Kimberly Fields sold 3,641 shares of the stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $197.48, for a total value of $719,024.68. Following the sale, the chief executive officer directly owned 201,104 shares in the company, valued at approximately $39,714,017.92. The trade was a 1.78% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

ATI Price Performance

ATI stock traded down $2.38 during trading on Wednesday, hitting $197.22. The stock had a trading volume of 1,873,267 shares, compared to its average volume of 1,947,572. The stock has a market cap of $26.91 billion, a price-to-earnings ratio of 65.30, a price-to-earnings-growth ratio of 1.76 and a beta of 0.96. The company has a debt-to-equity ratio of 0.95, a quick ratio of 1.17 and a current ratio of 2.67. The company’s 50 day moving average price is $170.04 and its two-hundred day moving average price is $146.45. ATI Inc. has a 1-year low of $70.42 and a 1-year high of $205.31.

ATI (NYSE:ATI – Get Free Report) last released its quarterly earnings results on Thursday, April 30th. The basic materials company reported $1.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.88 by $0.12. The company had revenue of $1.15 billion for the quarter, compared to analysts’ expectations of $1.19 billion. ATI had a net margin of 9.26% and a return on equity of 26.44%. The firm’s revenue for the quarter was up .6% compared to the same quarter last year. During the same period last year, the company earned $0.72 EPS. ATI has set its Q2 2026 guidance at 0.980-1.040 EPS and its FY 2026 guidance at 4.200-4.480 EPS. On average, sell-side analysts forecast that ATI Inc. will post 4.43 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. JPMorgan Chase & Co. increased their price target on ATI from $150.00 to $175.00 and gave the stock an “overweight” rating in a research note on Friday, May 1st. Wall Street Zen lowered ATI from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. Wells Fargo & Company started coverage on ATI in a research note on Wednesday, April 1st. They issued an “overweight” rating and a $175.00 price target on the stock. BTIG Research upped their price objective on shares of ATI from $165.00 to $180.00 and gave the company a “buy” rating in a research note on Friday, May 1st. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $194.00 price objective on shares of ATI in a report on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $164.38.

Read Our Latest Report on ATI

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in ATI. Signature Equity Partners LLC grew its stake in shares of ATI by 208.5% in the first quarter. Signature Equity Partners LLC now owns 182 shares of the basic materials company’s stock valued at $26,000 after buying an additional 123 shares in the last quarter. True Wealth Design LLC lifted its position in ATI by 642.9% during the 4th quarter. True Wealth Design LLC now owns 260 shares of the basic materials company’s stock worth $30,000 after acquiring an additional 225 shares in the last quarter. Prestige Wealth Management Group LLC purchased a new position in ATI in the 3rd quarter worth approximately $34,000. Allworth Financial LP boosted its holdings in ATI by 50.8% in the 3rd quarter. Allworth Financial LP now owns 534 shares of the basic materials company’s stock worth $43,000 after acquiring an additional 180 shares during the period. Finally, Torren Management LLC acquired a new stake in ATI in the fourth quarter valued at approximately $52,000.

About ATI

(Get Free Report)

Allegheny Technologies Incorporated (ATI) is a global manufacturer of specialty materials and complex components, serving aerospace, defense, oil and gas, chemical processing, medical and other industrial end markets. The company operates through two main segments: High Performance Materials & Components, which produces titanium and nickel-based alloys, stainless and specialty steels, and precision forgings; and Flat-Rolled Products, which supplies stainless steel, nickel and specialty alloy sheet, strip and precision-rolled plate.

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