Atlas Energy Solutions (NYSE:AESI) Shares Unloaded Rep. Chip Roy

Representative Chip Roy (Republican-Texas) recently sold shares of Atlas Energy Solutions Inc. (NYSE:AESI). In a filing disclosed on June 10th, the Representative disclosed that they had sold between $100,001 and $250,000 in Atlas Energy Solutions stock on May 13th.

Atlas Energy Solutions Trading Down 3.1%

Shares of NYSE:AESI opened at $16.50 on Friday. Atlas Energy Solutions Inc. has a 12 month low of $7.64 and a 12 month high of $20.13. The company has a quick ratio of 0.94, a current ratio of 1.17 and a debt-to-equity ratio of 0.51. The company’s fifty day simple moving average is $16.25 and its 200 day simple moving average is $12.83. The firm has a market cap of $2.06 billion, a price-to-earnings ratio of -20.88 and a beta of 1.02.

Institutional Investors Weigh In On Atlas Energy Solutions

Several hedge funds and other institutional investors have recently added to or reduced their stakes in AESI. Encompass Capital Advisors LLC acquired a new stake in Atlas Energy Solutions in the 1st quarter valued at $119,854,000. Millennium Management LLC grew its position in shares of Atlas Energy Solutions by 3,783.3% in the 4th quarter. Millennium Management LLC now owns 1,883,042 shares of the company’s stock valued at $17,738,000 after acquiring an additional 1,834,551 shares during the period. UBS Group AG grew its position in shares of Atlas Energy Solutions by 139.6% in the 4th quarter. UBS Group AG now owns 2,170,655 shares of the company’s stock valued at $20,448,000 after acquiring an additional 1,264,530 shares during the period. Nixon Capital LLC bought a new position in shares of Atlas Energy Solutions in the 4th quarter valued at about $11,284,000. Finally, Wellington Management Group LLP bought a new position in shares of Atlas Energy Solutions in the 4th quarter valued at about $10,813,000. 34.59% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. Weiss Ratings upgraded shares of Atlas Energy Solutions from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, June 5th. The Goldman Sachs Group raised their price objective on shares of Atlas Energy Solutions from $9.00 to $14.00 and gave the stock a “sell” rating in a report on Wednesday, June 3rd. Piper Sandler lifted their price target on shares of Atlas Energy Solutions from $13.00 to $19.00 and gave the company a “neutral” rating in a research note on Monday, May 18th. Citigroup lifted their price target on shares of Atlas Energy Solutions from $18.00 to $22.00 and gave the company a “buy” rating in a research note on Tuesday, May 12th. Finally, Barclays lifted their price target on shares of Atlas Energy Solutions from $12.00 to $16.00 and gave the company an “underweight” rating in a research note on Friday, May 8th. Four investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, Atlas Energy Solutions currently has an average rating of “Hold” and an average target price of $20.00.

About Representative Roy

Chip Roy (Republican Party) is a member of the U.S. House, representing Texas’ 21st Congressional District. He assumed office on January 3, 2019. His current term ends on January 3, 2027.

Roy (Republican Party) is running for re-election to the U.S. House to represent Texas’ 21st Congressional District. He declared candidacy for the 2026 election.

Roy served as chief of staff to Sen. Ted Cruz (R-Texas) and senior advisor to Texas Gov. Rick Perry (R). Both Cruz and Perry endorsed Roy’s candidacy as did conservative groups such as the Club for Growth, the House Freedom Fund (connected with the House Freedom Caucus), and the Senate Conservatives Fund.

According to Maddie Diorio, a Republican activist who endorsed him, “Chip Roy is going to Washington DC to be the next Ted Cruz, Mike Lee, Rand Paul and follow in the footsteps of the other great conservatives.”

About Atlas Energy Solutions

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.