AleAnna (NASDAQ:ANNA) Major Shareholder C John Wilder Sells 22,224 Shares of Stock

AleAnna Inc. (NASDAQ:ANNA) major shareholder C John Wilder sold 22,224 shares of the firm’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $3.41, for a total transaction of $75,783.84. Following the completion of the sale, the insider owned 30,423,324 shares of the company’s stock, valued at $103,743,534.84. This trade represents a 0.07% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

C John Wilder also recently made the following trade(s):

• On Friday, February 27th, C John Wilder sold 33,176 shares of AleAnna stock. The stock was sold at an average price of $3.36, for a total transaction of $111,471.36.
• On Tuesday, March 3rd, C John Wilder sold 91,373 shares of AleAnna stock. The shares were sold at an average price of $3.81, for a total value of $348,131.13.

AleAnna Stock Performance

Shares of ANNA stock traded up $0.65 during trading hours on Thursday, reaching $3.87. 398,488 shares of the company’s stock were exchanged, compared to its average volume of 80,426. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.00 and a quick ratio of 2.00. The company’s 50 day moving average is $2.71 and its two-hundred day moving average is $3.36. The company has a market cap of $257.94 million, a P/E ratio of 96.75 and a beta of -0.02. AleAnna Inc. has a 1 year low of $2.31 and a 1 year high of $18.30.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of AleAnna in a report on Wednesday, January 21st. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has an average rating of “Sell”.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Keel Point LLC purchased a new stake in shares of AleAnna in the 2nd quarter worth about $79,000. Goldman Sachs Group Inc. purchased a new stake in AleAnna in the 1st quarter valued at approximately $94,000. NewGen Equity Long Short Fund purchased a new position in AleAnna during the second quarter worth $204,000. Finally, Carlson Capital L.P. boosted its stake in shares of AleAnna by 7.0% during the fourth quarter. Carlson Capital L.P. now owns 92,000 shares of the company’s stock valued at $265,000 after acquiring an additional 6,000 shares during the last quarter. Hedge funds and other institutional investors own 38.10% of the company’s stock.

About AleAnna

AleAnna, Inc engages in oil and gas exploration and production activities. It focuses on Italy’s natural gas reserves and developing renewable energy solutions. The company was founded in 2007 and is headquartered in Dallas, TX.