KD Logo

The Potential Rise in the Price of Atlas Energy Solutions Inc (AESI) following insiders activity

NUE

Atlas Energy Solutions Inc’s recently made public that its Member of 10% Owner Group SHEPARD GREGORY M acquired Company’s shares for reported $0.99 million on Nov 01 ’24. In the deal valued at $19.30 per share,51,039 shares were bought. As a result of this transaction, SHEPARD GREGORY M now holds 7,605,692 shares worth roughly $153.48 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, SHEPARD GREGORY M bought 14,347 shares, generating $280,771 in total proceeds. Upon buying the shares at $19.57, the Member of 10% Owner Group now owns 7,554,653 shares.

Before that, Leveille Brian Anthony sold 10,000 shares. Atlas Energy Solutions Inc shares valued at $210,200 were divested by the Member of 10% Owner Group at a price of $21.02 per share. As a result of the transaction, Leveille Brian Anthony now holds 532,010 shares, worth roughly $10.74 million.

Pickering Energy Partners downgraded its Atlas Energy Solutions Inc [AESI] rating to a Neutral from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Tudor Pickering Holt & Co.’s analysts, who began to cover the stock in late June with a ‘”a Buy”‘ rating. The Benchmark Company began covering AESI with “Buy” recommendation on May 23, 2024.

Price Performance Review of AESI

On Tuesday, Atlas Energy Solutions Inc [NYSE:AESI] saw its stock jump 1.10% to $20.18. Over the last five days, the stock has lost -0.93%. Atlas Energy Solutions Inc shares have risen nearly 17.81% since the year began. Nevertheless, the stocks have risen 7.29% over the past one year. While a 52-week high of $24.93 was reached on 05/21/24, a 52-week low of $15.47 was recorded on 01/17/24. SMA at 50 days reached $20.90, while 200 days put it at $20.85.

Levels Of Support And Resistance For AESI Stock

The 24-hour chart illustrates a support level at 19.91, which if violated will result in even more drops to 19.64. On the upside, there is a resistance level at 20.43. A further resistance level may holdings at 20.68. The Relative Strength Index (RSI) on the 14-day chart is 47.95, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.13, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 63.67%. Stochastics %K at 21.96% indicates the stock is a holding.

How much short interest is there in Atlas Energy Solutions Inc?

A steep rise in short interest was recorded in Atlas Energy Solutions Inc stocks on 2024-10-15, growing by 0.69 million shares to a total of 9.87 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 9.18 million shares. There was a rise of 6.98%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on April 12, 2023 when Johnson Rice began covering the stock and recommended ‘”a Buy”‘ rating along with a $24 price target.

Most Popular