KD Logo

Potential Price Increase for ATI Inc (ATI) After Recent Insider Activity

ATI Inc’s filing revealed that its SVP, CHRO Busch Tina Killough unloaded Company’s shares for reported $0.66 million on Feb 06 ’25. In the deal valued at $66.41 per share,9,900 shares were sold. As a result of this transaction, Busch Tina Killough now holds 25,994 shares worth roughly $1.49 million.

Then, Busch Tina Killough bought 9,900 shares, generating $657,508 in total proceeds.

Before that, WETHERBEE ROBERT S sold 25,000 shares. ATI Inc shares valued at $1,474,750 were divested by the Executive Chairman at a price of $58.99 per share. As a result of the transaction, WETHERBEE ROBERT S now holds 436,443 shares, worth roughly $24.94 million.

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 Friday, ATI Inc [NYSE:ATI] saw its stock fall -1.52% to $57.15. Over the last five days, the stock has lost -6.37%. ATI Inc shares have risen nearly 3.83% since the year began. Nevertheless, the stocks have risen 24.62% over the past one year. While a 52-week high of $68.92 was reached on 02/06/25, a 52-week low of $45.61 was recorded on 01/13/25. SMA at 50 days reached $57.91, while 200 days put it at $59.88.

Levels Of Support And Resistance For ATI Stock

The 24-hour chart illustrates a support level at 56.50, which if violated will result in even more drops to 55.86. On the upside, there is a resistance level at 58.19. A further resistance level may holdings at 59.24. The Relative Strength Index (RSI) on the 14-day chart is 41.75, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.99, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.47%. Stochastics %K at 25.60% indicates the stock is a holding.

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.

Most Popular