4,530 Shares in Alpha Metallurgical Resources, Inc. (NYSE:AMR) Acquired by Chesapeake Capital Corp IL

Chesapeake Capital Corp IL bought a new position in shares of Alpha Metallurgical Resources, Inc. (NYSE:AMR) in the fourth quarter, HoldingsChannel reports. The firm bought 4,530 shares of the energy company’s stock, valued at approximately $1,535,000. Alpha Metallurgical Resources accounts for approximately 1.1% of Chesapeake Capital Corp IL’s investment portfolio, making the stock its 17th biggest position.

Other large investors have also bought and sold shares of the company. Dimensional Fund Advisors LP grew its stake in shares of Alpha Metallurgical Resources by 3.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 725,152 shares of the energy company’s stock worth $245,778,000 after acquiring an additional 22,856 shares in the last quarter. Fuller & Thaler Asset Management Inc. bought a new position in shares of Alpha Metallurgical Resources during the 3rd quarter worth approximately $128,857,000. Dalal Street LLC grew its stake in shares of Alpha Metallurgical Resources by 21.7% during the 3rd quarter. Dalal Street LLC now owns 441,510 shares of the energy company’s stock worth $114,673,000 after acquiring an additional 78,861 shares in the last quarter. Pacer Advisors Inc. bought a new position in shares of Alpha Metallurgical Resources during the 4th quarter worth approximately $139,291,000. Finally, American Century Companies Inc. grew its stake in shares of Alpha Metallurgical Resources by 6.8% during the 3rd quarter. American Century Companies Inc. now owns 246,828 shares of the energy company’s stock worth $64,109,000 after acquiring an additional 15,692 shares in the last quarter. 84.29% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. B. Riley raised their price target on shares of Alpha Metallurgical Resources from $374.00 to $375.00 and gave the stock a “buy” rating in a research note on Tuesday, May 7th. Benchmark reissued a “hold” rating on shares of Alpha Metallurgical Resources in a report on Tuesday, May 7th.

Insider Buying and Selling at Alpha Metallurgical Resources

In other Alpha Metallurgical Resources news, CEO Charles Andrew Eidson sold 30,000 shares of the firm’s stock in a transaction on Wednesday, February 28th. The stock was sold at an average price of $363.06, for a total transaction of $10,891,800.00. Following the completion of the sale, the chief executive officer now owns 50,025 shares of the company’s stock, valued at approximately $18,162,076.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other Alpha Metallurgical Resources news, CEO Charles Andrew Eidson sold 30,000 shares of the firm’s stock in a transaction on Wednesday, February 28th. The stock was sold at an average price of $363.06, for a total transaction of $10,891,800.00. Following the completion of the sale, the chief executive officer now owns 50,025 shares of the company’s stock, valued at approximately $18,162,076.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director David J. Stetson sold 30,694 shares of the firm’s stock in a transaction on Wednesday, February 28th. The shares were sold at an average price of $392.30, for a total value of $12,041,256.20. Following the sale, the director now directly owns 26,054 shares of the company’s stock, valued at approximately $10,220,984.20. The disclosure for this sale can be found here. Insiders sold 157,564 shares of company stock valued at $56,522,531 in the last quarter. 15.00% of the stock is currently owned by insiders.

Alpha Metallurgical Resources Stock Up 1.4 %

Shares of NYSE AMR traded up $4.25 during trading hours on Friday, hitting $307.18. The company had a trading volume of 111,120 shares, compared to its average volume of 192,443. The stock has a market capitalization of $4.00 billion, a P/E ratio of 7.44 and a beta of 1.38. Alpha Metallurgical Resources, Inc. has a 1-year low of $132.72 and a 1-year high of $452.00. The firm’s 50 day moving average is $316.71 and its 200-day moving average is $332.42.

Alpha Metallurgical Resources (NYSE:AMR) last released its quarterly earnings data on Monday, May 6th. The energy company reported $9.59 EPS for the quarter, missing the consensus estimate of $9.61 by ($0.02). The company had revenue of $864.07 million during the quarter, compared to analyst estimates of $845.35 million. Alpha Metallurgical Resources had a net margin of 16.89% and a return on equity of 36.77%. The company’s quarterly revenue was down 5.2% compared to the same quarter last year. During the same period in the previous year, the company posted $17.01 EPS. On average, sell-side analysts predict that Alpha Metallurgical Resources, Inc. will post 28.91 earnings per share for the current year.

About Alpha Metallurgical Resources

Alpha Metallurgical Resources, Inc, a mining company, produces, processes, and sells met and thermal coal in Virginia and West Virginia. The company offers metallurgical coal products. It operates twenty-two active mines and nine coal preparation and load-out facilities. The company was formerly known as Contura Energy, Inc and changed its name to Alpha Metallurgical Resources, Inc in February 2021.