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 $612,231 were purchased by SHEPARD GREGORY M on Feb 27 ’25. At $19.04 per share, SHEPARD GREGORY M acquired 32,155 shares. The insider’s holdings grew to 7,651,210 shares worth approximately $134.13 million following the completion of this transaction.
Also, Hock Stacy sold 10,000 shares, netting a total of over 225,000 in proceeds. Following the sale of shares at $22.50 each, the insider now holds 897,604 shares.
Before that, BRIGHAM BEN M had added 217,391 shares to its account. In a trade valued at $4,999,993, the Executive Chairman bought Atlas Energy Solutions Inc shares for $23.00 each. Upon closing the transaction, the insider’s holdings increased to 217,391 shares, worth approximately $9.35 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 drop of approximately -9.41%. Over the course of the year, Atlas Energy Solutions Inc shares have dropped approximately -20.96%. Shares of the company reached a 52-week high of $26.86 on 01/28/25 and a 52-week low of $17.02 on 03/05/25. A 50-day SMA is recorded $22.00, while a 200-day SMA reached $21.40.
Support And Resistance Levels for Atlas Energy Solutions Inc (AESI)
According to the 24-hour chart, there is a support level at 17.07, which, if violated, would cause prices to drop to 16.60. In the upper region, resistance lies at 17.95. The next price resistance is at 18.36. RSI (Relative Strength Index) is 23.57 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.28, which suggests the price will decrease in the coming days. Percent R is at 91.08%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
