Atlas Energy Solutions Inc. 10% owner sells $115,850 in shares By Investing.com

Brian Anthony Levell, a member of the group that owns 10% of Atlas (NYSE:) Energy Solutions Inc. (NYSE:AESI), recently sold 5,000 shares of the company’s common stock. The company, which has a market capitalization of $2.5 billion, has shown impressive momentum with a 40% year-over-year gain, according to the data. InvestingPro: the data. The transaction took place on December 16, the shares were sold at a price of $23.17 each, for a total of $115,850. Following this sale, Leveille directly owns 409,510 shares. InvestingPro: analysis shows that the stock is currently undervalued, with several positive indicators including strong returns and growth prospects. Discover detailed valuation metrics and 7 additional key insights with InvestingPro’s comprehensive research report, available from over 1,400 deep dives in company analyses.

In other recent news, Atlas Energy Solutions has been the focus of some analyst activity.Goldman Sachs initiated coverage on the company with a neutral rating and a $23.00 price target, highlighting Atlas Energy’s 4.4% dividend yield as an income focus. An attractive feature for investors.However, the company does not foresee a significant increase in the dividend in the near future.

In contrast, Citi downgraded Atlas Energy from Buy to Neutral due to concerns about the company’s financial outlook, particularly in the sand production segment. Barclays ( LON: ) downgraded shares of Atlas Energy from Overweight to Equalweight, lowering the price target to $19.00.The decision was based on lower forecast EBITDA for 2025, which was mainly focused on the company’s Dune Express conveyor system. around

Despite these cuts, Atlas Energy reported a 6% rise in quarterly revenue to $304 million and announced a dividend increase of $0.24 per share.The company also launched a $200 million share buyback program, announcing its confidence in its financial health These are the latest developments from Atlas Energy Solutions.

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