Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Atlas Energy Solutions Inc shares valued at $225,000 were sold by Hock Stacy on Feb 03 ’25. At $22.50 per share, Hock Stacy sold 10,000 shares. The insider’s holdings dropped to 897,604 shares worth approximately $19.62 million following the completion of this transaction.
Also, BRIGHAM BEN M purchased 217,391 shares, netting a total of over 4,999,993 in proceeds. Following the buying of shares at $23.00 each, the insider now holds 533,241 shares.
Before that, Leveille Brian Anthony had sold 12,500 shares from its account. In a trade valued at $305,750, the Member of 10% Owner Group traded Atlas Energy Solutions Inc shares for $24.46 each. Upon closing the transaction, the insider’s holdings decreased to 12,500 shares, worth approximately $7.91 million.
As published in a research note from BofA Securities on January 13, 2025, Atlas Energy Solutions Inc [AESI] has been rated down from a Buy to a Neutral and the price target has been revised to $22.50. As of November 14, 2024, Citigroup has decreased its “Buy” rating to a “Neutral” for AESI. Earlier on November 12, 2024, Barclays downgraded its rating. Their new recommendation was “an Equal weight” for AESI stock which previously was a “an Overweight”.
Analyzing AESI Stock Performance
During the last five days, there has been a surge of approximately 0.41%. Over the course of the year, Atlas Energy Solutions Inc shares have dropped approximately -1.44%. Shares of the company reached a 52-week high of $26.86 on 01/28/25 and a 52-week low of $20.74 on 02/07/25. A 50-day SMA is recorded $22.67, while a 200-day SMA reached $21.56. Nevertheless, trading volume fell to 1.3 million shares from 1.53 million shares the previous day.
Support And Resistance Levels for Atlas Energy Solutions Inc (AESI)
According to the 24-hour chart, there is a support level at 21.48, which, if violated, would cause prices to drop to 21.10. In the upper region, resistance lies at 22.40. The next price resistance is at 22.94. RSI (Relative Strength Index) is 45.29 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.08, which suggests the price will decrease in the coming days. Percent R is at 76.09%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
