Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. ATI Inc shares valued at $657,508 were purchased by Busch Tina Killough on Feb 06 ’25. At $66.42 per share, Busch Tina Killough acquired 9,900 shares.
Also, WETHERBEE ROBERT S sold 25,000 shares, netting a total of over 1,474,750 in proceeds. Following the sale of shares at $58.99 each, the insider now holds 436,443 shares.
Before that, Busch Tina Killough had sold 2,598 shares from its account. In a trade valued at $155,919, the SVP, CHRO traded ATI Inc shares for $60.02 each. Upon closing the transaction, the insider’s holdings decreased to 2,598 shares, worth approximately $1.37 million.
As published in a research note from KeyBanc Capital Markets on October 24, 2024, ATI Inc [ATI] has been rated down from an Overweight to a Sector weight. Analysts at Susquehanna started covering the stock with ‘”a Positive”‘ outlook in a report released in early September. As of June 26, 2024, BTIG Research has initiated its “Buy” rating for ATI. Earlier on June 14, 2024, Northcoast downgraded its rating. Their new recommendation was “a Sell” for ATI stock which previously was a “a Neutral”.
Analyzing ATI Stock Performance
During the last five days, there has been a surge of approximately 9.90%. Over the course of the year, ATI Inc shares have jumped approximately 15.39%. Shares of the company reached a 52-week high of $66.80 on 02/06/25 and a 52-week low of $54.49 on 01/13/25. A 50-day SMA is recorded $57.55, while a 200-day SMA reached $59.51. Nevertheless, trading volume fell to 2.3 million shares from 2.07 million shares the previous day.
Support And Resistance Levels for ATI Inc (ATI)
According to the 24-hour chart, there is a support level at 61.90, which, if violated, would cause prices to drop to 60.29. In the upper region, resistance lies at 65.96. The next price resistance is at 68.41. RSI (Relative Strength Index) is 62.55 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 5.00, which suggests the price will increase in the coming days. Percent R is at 28.22%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
