ATI Inc’s recent filing unveils that its Executive Chairman WETHERBEE ROBERT S unloaded Company’s shares for reported $1.54 million on Sep 16 ’24. In the deal valued at $61.61 per share,25,000 shares were sold. As a result of this transaction, WETHERBEE ROBERT S now holds 511,443 shares worth roughly $-32.12 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, WETHERBEE ROBERT S bought 25,000 shares, generating $1,540,250 in total proceeds.
Before that, Davis Elliot S sold 45,351 shares. ATI Inc shares valued at $2,227,641 were divested by the Chief Legal & Compl. Officer at a price of $49.12 per share. As a result of the transaction, Davis Elliot S now holds 123,927 shares, worth roughly $7.78 million.
Susquehanna initiated its ATI Inc [ATI] rating to a Positive in a research note published on September 05, 2024; the price target was $75. A number of analysts have revised their coverage, including BTIG Research’s analysts, who began to cover the stock in late June with a ‘”a Buy”‘ rating. Northcoast also remained covering ATI and has decreased its forecast on June 14, 2024 with a “Sell” recommendation from previously “Neutral” rating. Deutsche Bank started covering the stock on April 11, 2024. It rated ATI as “a Buy”.
Price Performance Review of ATI
On Monday, ATI Inc [NYSE:ATI] saw its stock fall -1.20% to $62.80. Over the last five days, the stock has lost -2.85%. ATI Inc shares have risen nearly 38.11% since the year began. Nevertheless, the stocks have risen 58.59% over the past one year. While a 52-week high of $68.92 was reached on 07/31/24, a 52-week low of $35.03 was recorded on 02/01/24. SMA at 50 days reached $63.26, while 200 days put it at $54.97.
Levels Of Support And Resistance For ATI Stock
The 24-hour chart illustrates a support level at 62.32, which if violated will result in even more drops to 61.85. On the upside, there is a resistance level at 63.36. A further resistance level may holdings at 63.93. The Relative Strength Index (RSI) on the 14-day chart is 45.61, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.56, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 67.58%. Stochastics %K at 36.76% indicates the stock is a holding.
How much short interest is there in ATI Inc?
A steep rise in short interest was recorded in ATI Inc stocks on 2024-09-30, dropping by -3.18 million shares to a total of 1.88 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 5.06 million shares. There was a decline of -168.76%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on July 20, 2023 when Northcoast began covering the stock and recommended ‘”a Buy”‘ rating along with a $54 price target.
