ATI Inc’s recently made public that its Executive Chairman WETHERBEE ROBERT S unloaded Company’s shares for reported $1.47 million on Dec 04 ’24. In the deal valued at $58.99 per share,25,000 shares were sold. As a result of this transaction, WETHERBEE ROBERT S now holds 436,443 shares worth roughly $24.58 million.
Then, Busch Tina Killough sold 2,598 shares, generating $155,919 in total proceeds. Upon selling the shares at $60.02, the SVP, CHRO now owns 21,553 shares.
Before that, Busch Tina Killough bought 2,598 shares. ATI Inc shares valued at $155,919 were divested by the Officer at a price of $60.02 per share.
KeyBanc Capital Markets downgraded its ATI Inc [ATI] rating to a Sector weight from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including Susquehanna’s analysts, who began to cover the stock in early September with a ‘”a Positive”‘ rating. BTIG Research began covering ATI with “Buy” recommendation on June 26, 2024. Northcoast revised its rating on June 14, 2024. It rated ATI as “a Sell” which previously was an “a Neutral”.
Price Performance Review of ATI
On Monday, ATI Inc [NYSE:ATI] saw its stock jump 0.37% to $56.32. Over the last five days, the stock has gained 1.57%. ATI Inc shares have risen nearly 2.33% since the year began. Nevertheless, the stocks have risen 28.94% over the past one year. While a 52-week high of $68.92 was reached on 01/06/25, a 52-week low of $38.04 was recorded on 01/02/25. SMA at 50 days reached $57.17, while 200 days put it at $58.73.
Levels Of Support And Resistance For ATI Stock
The 24-hour chart illustrates a support level at 55.63, which if violated will result in even more drops to 54.93. On the upside, there is a resistance level at 57.22. A further resistance level may holdings at 58.11. The Relative Strength Index (RSI) on the 14-day chart is 49.19, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.49, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 27.16%. Stochastics %K at 61.43% 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 2024-12-13, growing by 0.35 million shares to a total of 2.94 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 2.59 million shares. There was a rise of 12.01%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on April 11, 2024 when Deutsche Bank began covering the stock and recommended ‘”a Buy”‘ rating along with a $70 price target.
