In a filing, Atlas Energy Solutions Inc revealed its Member of 10% Owner Group Leveille Brian Anthony unloaded Company’s shares for reported $0.31 million on Jan 27 ’25. In the deal valued at $24.46 per share,12,500 shares were sold. As a result of this transaction, Leveille Brian Anthony now holds 362,010 shares worth roughly $8.31 million.
Then, Leveille Brian Anthony sold 10,000 shares, generating $250,000 in total proceeds. Upon selling the shares at $25.00, the Member of 10% Owner Group now owns 352,010 shares.
Before that, Leveille Brian Anthony sold 7,500 shares. Atlas Energy Solutions Inc shares valued at $180,000 were divested by the Member of 10% Owner Group at a price of $24.00 per share. As a result of the transaction, Leveille Brian Anthony now holds 374,510 shares, worth roughly $8.6 million.
BofA Securities downgraded its Atlas Energy Solutions Inc [AESI] rating to a Neutral from a a Buy in a research note published recently. Citigroup also remained covering AESI and has decreased its forecast on November 14, 2024 with a “Neutral” recommendation from previously “Buy” rating. Barclays revised its rating on November 12, 2024. It rated AESI as “an Equal weight” which previously was an “an Overweight”.
Price Performance Review of AESI
On Friday, Atlas Energy Solutions Inc [NYSE:AESI] saw its stock fall -8.23% to $22.96. Over the last five days, the stock has lost -4.01%. Atlas Energy Solutions Inc shares have risen nearly 3.52% since the year began. Nevertheless, the stocks have risen 30.19% over the past one year. While a 52-week high of $26.86 was reached on 01/28/25, a 52-week low of $16.33 was recorded on 01/13/25. SMA at 50 days reached $22.92, while 200 days put it at $21.61.
Levels Of Support And Resistance For AESI Stock
The 24-hour chart illustrates a support level at 22.51, which if violated will result in even more drops to 22.06. On the upside, there is a resistance level at 23.77. A further resistance level may holdings at 24.59. The Relative Strength Index (RSI) on the 14-day chart is 46.19, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.37, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 70.27%. Stochastics %K at 54.47% 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 2025-01-15, growing by 0.57 million shares to a total of 14.39 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 13.82 million shares. There was a rise of 3.94%, which implies that there is a positive sentiment for the stock.