Cooperman Leon G Acquires 204,268 Shares of Atlas Energy Solutions Inc. $AESI

Cooperman Leon G increased its holdings in shares of Atlas Energy Solutions Inc. (NYSE:AESI) by 4.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,366,363 shares of the company’s stock after purchasing an additional 204,268 shares during the quarter. Atlas Energy Solutions makes up 1.9% of Cooperman Leon G’s portfolio, making the stock its 17th biggest holding. Cooperman Leon G owned approximately 4.33% of Atlas Energy Solutions worth $61,016,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC purchased a new position in Atlas Energy Solutions in the 2nd quarter worth approximately $25,000. Centerpoint Advisors LLC grew its holdings in Atlas Energy Solutions by 270.6% during the 3rd quarter. Centerpoint Advisors LLC now owns 2,850 shares of the company’s stock valued at $32,000 after buying an additional 2,081 shares in the last quarter. BNP Paribas Financial Markets raised its position in shares of Atlas Energy Solutions by 43.4% during the second quarter. BNP Paribas Financial Markets now owns 7,823 shares of the company’s stock valued at $105,000 after buying an additional 2,369 shares during the last quarter. Tower Research Capital LLC TRC lifted its holdings in shares of Atlas Energy Solutions by 34.8% in the second quarter. Tower Research Capital LLC TRC now owns 8,954 shares of the company’s stock worth $120,000 after buying an additional 2,314 shares in the last quarter. Finally, Schnieders Capital Management LLC. purchased a new position in shares of Atlas Energy Solutions in the second quarter worth $134,000. Institutional investors own 34.59% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on AESI. Royal Bank Of Canada set a $12.00 target price on shares of Atlas Energy Solutions in a research note on Thursday, January 15th. Weiss Ratings cut shares of Atlas Energy Solutions from a “hold (c-)” rating to a “sell (d)” rating in a research note on Friday, February 27th. Piper Sandler cut their price objective on Atlas Energy Solutions from $12.00 to $10.00 and set a “neutral” rating for the company in a research report on Monday, November 17th. Citigroup reduced their target price on Atlas Energy Solutions from $11.00 to $10.40 and set a “neutral” rating on the stock in a report on Tuesday, December 23rd. Finally, Stifel Nicolaus set a $13.00 price target on Atlas Energy Solutions in a research note on Tuesday, February 24th. Three analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $11.63.

Atlas Energy Solutions Price Performance

Atlas Energy Solutions stock opened at $13.61 on Friday. Atlas Energy Solutions Inc. has a 52-week low of $7.64 and a 52-week high of $19.00. The company has a quick ratio of 1.16, a current ratio of 1.46 and a debt-to-equity ratio of 0.47. The firm’s fifty day moving average is $11.30 and its 200 day moving average is $10.70. The company has a market cap of $1.69 billion, a price-to-earnings ratio of -34.01 and a beta of 1.31.

Insider Transactions at Atlas Energy Solutions

In other news, major shareholder Chris Scholla sold 8,912 shares of the business’s stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $11.79, for a total value of $105,072.48. Following the sale, the insider directly owned 567,972 shares in the company, valued at $6,696,389.88. The trade was a 1.54% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Gregory M. Shepard sold 130,000 shares of the stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $11.98, for a total transaction of $1,557,400.00. Following the completion of the transaction, the insider directly owned 7,421,210 shares of the company’s stock, valued at approximately $88,906,095.80. The trade was a 1.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 238,912 shares of company stock worth $2,837,472. Insiders own 15.98% of the company’s stock.

Atlas Energy Solutions Company Profile

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.