ATI (NYSE:ATI) CEO Sells $1,816,408.11 in Stock

ATI Inc. (NYSE:ATI) CEO Kimberly Fields sold 21,153 shares of the firm’s stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of $85.87, for a total value of $1,816,408.11. Following the completion of the transaction, the chief executive officer owned 202,668 shares of the company’s stock, valued at approximately $17,403,101.16. This represents a 9.45% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

ATI Price Performance

ATI stock opened at $80.24 on Friday. The firm has a market capitalization of $11.06 billion, a PE ratio of 27.86, a P/E/G ratio of 1.20 and a beta of 1.29. ATI Inc. has a 52 week low of $39.23 and a 52 week high of $96.20. The firm’s 50-day simple moving average is $78.15 and its 200 day simple moving average is $75.39. The company has a quick ratio of 1.20, a current ratio of 2.52 and a debt-to-equity ratio of 0.92.

ATI (NYSE:ATI) last announced its earnings results on Thursday, July 31st. The basic materials company reported $0.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.72 by $0.02. ATI had a net margin of 9.26% and a return on equity of 21.34%. The company had revenue of $1.14 billion during the quarter, compared to analysts’ expectations of $1.15 billion. During the same quarter in the previous year, the business posted $0.60 earnings per share. The firm’s quarterly revenue was up 4.1% compared to the same quarter last year. ATI has set its FY 2025 guidance at 2.900-3.07 EPS. Q3 2025 guidance at 0.690-0.75 EPS. On average, equities research analysts predict that ATI Inc. will post 2.89 EPS for the current fiscal year.

Institutional Trading of ATI

Several institutional investors have recently made changes to their positions in ATI. Farther Finance Advisors LLC raised its position in shares of ATI by 418.1% in the 1st quarter. Farther Finance Advisors LLC now owns 1,316 shares of the basic materials company’s stock worth $69,000 after buying an additional 1,062 shares during the period. GAMMA Investing LLC increased its stake in ATI by 39.2% during the first quarter. GAMMA Investing LLC now owns 3,478 shares of the basic materials company’s stock worth $181,000 after acquiring an additional 979 shares during the last quarter. Fifth Third Bancorp increased its stake in ATI by 115.7% during the first quarter. Fifth Third Bancorp now owns 1,124 shares of the basic materials company’s stock worth $58,000 after acquiring an additional 603 shares during the last quarter. Envestnet Portfolio Solutions Inc. raised its holdings in shares of ATI by 17.2% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 28,052 shares of the basic materials company’s stock worth $1,460,000 after purchasing an additional 4,126 shares during the period. Finally, Retirement Systems of Alabama acquired a new position in shares of ATI in the 1st quarter valued at about $9,033,000.

Wall Street Analyst Weigh In

ATI has been the topic of a number of recent research reports. Barclays upped their target price on ATI from $75.00 to $90.00 and gave the company an “overweight” rating in a research note on Monday, August 4th. JPMorgan Chase & Co. lifted their target price on shares of ATI from $75.00 to $92.00 and gave the stock an “overweight” rating in a research note on Friday, August 1st. Susquehanna reduced their price target on ATI from $105.00 to $100.00 and set a “positive” rating on the stock in a research note on Friday, August 1st. BTIG Research reaffirmed a “buy” rating and issued a $120.00 price objective on shares of ATI in a research report on Friday, September 12th. Finally, Zacks Research upgraded ATI to a “hold” rating in a research report on Tuesday, August 12th. Seven research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, ATI presently has an average rating of “Moderate Buy” and an average price target of $90.86.

ATI Company Profile

ATI Inc produces and sells specialty materials and complex components worldwide. It operates in two segments: High Performance Materials & Components (HPMC) and Advanced Alloys & Solutions (AA&S). The HPMC segment produces various materials, including titanium and titanium-based alloys, nickel- and cobalt-based alloys and superalloys, metallic powder alloys, advanced powder alloys and other specialty materials, in long product forms, such as ingot, billet, bar, rod, wire, shapes and rectangles, and seamless tubes, as well as precision forgings, components, and machined parts.