ATI (NYSE:ATI) VP Timothy Harris Sells 16,500 Shares

ATI Inc. (NYSE:ATI) VP Timothy Harris sold 16,500 shares of the stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $193.06, for a total transaction of $3,185,490.00. Following the sale, the vice president directly owned 97,187 shares in the company, valued at $18,762,922.22. This represents a 14.51% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link.

ATI Stock Performance

Shares of ATI opened at $189.94 on Thursday. The stock has a 50-day simple moving average of $203.41 and a 200-day simple moving average of $179.33. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.14 and a current ratio of 2.33. The stock has a market capitalization of $25.86 billion, a PE ratio of 55.70, a PEG ratio of 1.13 and a beta of 1.01. ATI Inc. has a 1 year low of $75.02 and a 1 year high of $243.57.

ATI (NYSE:ATI) last issued its earnings results on Thursday, August 6th. The basic materials company reported $1.23 EPS for the quarter, topping analysts’ consensus estimates of $1.03 by $0.20. The firm had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.22 billion. ATI had a net margin of 10.09% and a return on equity of 29.27%. The company’s revenue was up 10.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.74 earnings per share. ATI has set its Q3 2026 guidance at 1.310-1.370 EPS and its FY 2026 guidance at 4.900-5.180 EPS. On average, analysts predict that ATI Inc. will post 5.11 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on ATI shares. Wall Street Zen upgraded ATI from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $262.00 price objective on shares of ATI in a research report on Monday, August 10th. Susquehanna boosted their price objective on shares of ATI from $215.00 to $265.00 and gave the company a “positive” rating in a research note on Friday, August 7th. Weiss Ratings upgraded shares of ATI from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, July 9th. Finally, Zacks Research upgraded shares of ATI from a “hold” rating to a “strong-buy” rating in a research note on Thursday, June 25th. One analyst has rated the stock with a Strong Buy rating and nine have given a Buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $232.00.

Institutional Trading of ATI

Institutional investors and hedge funds have recently modified their holdings of the business. Signature Equity Partners LLC lifted its position 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 acquiring an additional 123 shares in the last quarter. CoreCap Advisors LLC acquired a new position in ATI in the 2nd quarter valued at about $30,000. Summit Securities Group LLC acquired a new position in ATI in the 1st quarter valued at about $60,000. Triumph Capital Management raised its stake in ATI by 22.4% in the 2nd quarter. Triumph Capital Management now owns 317 shares of the basic materials company’s stock valued at $62,000 after purchasing an additional 58 shares during the last quarter. Finally, Hollencrest Capital Management lifted its holdings in ATI by 283.1% in the 1st quarter. Hollencrest Capital Management now owns 452 shares of the basic materials company’s stock valued at $66,000 after purchasing an additional 334 shares in the last quarter.

ATI Company Profile

ATI Inc (NYSE: ATI) is a specialty materials and components manufacturer serving aerospace and defense, medical, energy, transportation, and other demanding industrial markets. The company develops and produces advanced alloys and engineered materials designed to perform in high-temperature, corrosive, and high-stress environments.

ATI’s products include nickel-based superalloys, titanium and titanium-based materials, specialty stainless steels, zirconium and other specialty alloys. Its manufacturing capabilities also include precision forgings, castings, rolled products, and machined components used in aircraft engines, airframes, power-generation equipment, medical devices, and industrial applications.

The company was formed in 1996 through the combination of Allegheny Ludlum Corporation and Teledyne, Inc’s specialty metals operations and adopted the name ATI Inc in 2021.