17,348 Shares in Atlas Energy Solutions Inc. $AESI Purchased by Fox Run Management L.L.C.

Fox Run Management L.L.C. bought a new stake in shares of Atlas Energy Solutions Inc. (NYSE:AESI) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 17,348 shares of the company’s stock, valued at approximately $232,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Harbor Capital Advisors Inc. lifted its position in shares of Atlas Energy Solutions by 1.0% during the second quarter. Harbor Capital Advisors Inc. now owns 75,065 shares of the company’s stock worth $1,004,000 after purchasing an additional 725 shares in the last quarter. Mutual of America Capital Management LLC increased its stake in Atlas Energy Solutions by 13.9% during the 1st quarter. Mutual of America Capital Management LLC now owns 10,460 shares of the company’s stock worth $187,000 after buying an additional 1,277 shares during the period. Teachers Retirement System of The State of Kentucky lifted its holdings in Atlas Energy Solutions by 6.1% during the 1st quarter. Teachers Retirement System of The State of Kentucky now owns 22,440 shares of the company’s stock worth $400,000 after buying an additional 1,292 shares in the last quarter. Larson Financial Group LLC boosted its position in Atlas Energy Solutions by 201.8% in the 1st quarter. Larson Financial Group LLC now owns 1,968 shares of the company’s stock valued at $35,000 after buying an additional 1,316 shares during the period. Finally, CWM LLC boosted its position in Atlas Energy Solutions by 244.4% in the 2nd quarter. CWM LLC now owns 2,235 shares of the company’s stock valued at $30,000 after buying an additional 1,586 shares during the period. 34.59% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

AESI has been the topic of several analyst reports. Stifel Nicolaus reduced their price objective on Atlas Energy Solutions from $14.50 to $14.00 and set a “buy” rating on the stock in a research note on Monday, August 11th. Barclays cut their price target on Atlas Energy Solutions from $12.00 to $11.00 and set an “equal weight” rating on the stock in a report on Monday, October 13th. Citigroup decreased their price objective on Atlas Energy Solutions from $12.00 to $11.00 and set a “neutral” rating for the company in a research note on Wednesday, October 1st. Piper Sandler cut their target price on shares of Atlas Energy Solutions from $14.00 to $12.00 and set a “neutral” rating on the stock in a research note on Thursday, October 16th. Finally, Weiss Ratings raised shares of Atlas Energy Solutions from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, November 7th. Four equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $17.39.

Atlas Energy Solutions Trading Up 4.1%

NYSE:AESI opened at $8.88 on Friday. Atlas Energy Solutions Inc. has a 1 year low of $8.33 and a 1 year high of $26.86. The stock has a market cap of $1.10 billion, a P/E ratio of -98.67 and a beta of 1.18. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.09 and a current ratio of 1.35. The stock has a 50-day simple moving average of $10.99 and a 200-day simple moving average of $12.32.

Atlas Energy Solutions Profile

Atlas Energy Solutions Inc engages in the production, processing, and sale of mesh and sand that are used as a proppant during the well completion process in the Permian Basin of Texas and New Mexico. The company provides transportation and logistics, storage solutions, and contract labor services. It sells its products and services to oil and natural gas exploration and production companies, and oilfield services companies.