Insider Selling: ATI (NYSE:ATI) CEO Sells $5,743,915.55 in Stock

ATI Inc. (NYSE:ATI) CEO Kimberly Fields sold 24,845 shares of the stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $231.19, for a total value of $5,743,915.55. Following the sale, the chief executive officer directly owned 100,719 shares of the company’s stock, valued at $23,285,225.61. The trade was a 19.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

ATI Stock Performance

ATI stock traded down $11.01 during mid-day trading on Wednesday, reaching $215.45. 1,235,335 shares of the company’s stock were exchanged, compared to its average volume of 1,856,627. The business’s fifty day simple moving average is $199.17 and its 200 day simple moving average is $169.95. The company has a quick ratio of 1.14, a current ratio of 2.33 and a debt-to-equity ratio of 0.91. ATI Inc. has a one year low of $70.42 and a one year high of $243.57. The firm has a market capitalization of $29.34 billion, a PE ratio of 63.18, a P/E/G ratio of 1.38 and a beta of 0.98.

ATI (NYSE:ATI) last announced its earnings results on Thursday, August 6th. The basic materials company reported $1.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.03 by $0.20. The firm had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.22 billion. ATI had a return on equity of 29.27% and a net margin of 10.09%.The business’s revenue was up 10.6% compared to the same quarter last year. During the same period last year, the firm posted $0.74 EPS. ATI has set its Q3 2026 guidance at 1.310-1.370 EPS and its FY 2026 guidance at 4.900-5.180 EPS. On average, sell-side analysts expect that ATI Inc. will post 5.15 earnings per share for the current year.

Hedge Funds Weigh In On ATI

Large investors have recently modified their holdings of the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of ATI by 20.7% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 428,271 shares of the basic materials company’s stock valued at $84,412,000 after purchasing an additional 73,534 shares during the period. Toth Financial Advisory Corp boosted its holdings in ATI by 124.4% in the 2nd quarter. Toth Financial Advisory Corp now owns 5,609 shares of the basic materials company’s stock worth $1,106,000 after buying an additional 3,109 shares during the period. Van ECK Associates Corp bought a new position in ATI in the 2nd quarter worth approximately $5,510,000. Hsbc Holdings PLC grew its stake in ATI by 126.1% in the 2nd quarter. Hsbc Holdings PLC now owns 65,083 shares of the basic materials company’s stock valued at $12,818,000 after buying an additional 36,295 shares in the last quarter. Finally, Wellington Management Group LLP grew its stake in ATI by 7.5% in the 2nd quarter. Wellington Management Group LLP now owns 81,401 shares of the basic materials company’s stock valued at $16,044,000 after buying an additional 5,656 shares in the last quarter.

Analysts Set New Price Targets

A number of research firms have weighed in on ATI. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $262.00 target price on shares of ATI in a research note on Monday, August 10th. Wall Street Zen upgraded shares of ATI from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. BTIG Research lifted their price target on shares of ATI from $180.00 to $270.00 and gave the stock a “buy” rating in a report on Friday, August 7th. JPMorgan Chase & Co. upped their price objective on ATI from $150.00 to $175.00 and gave the company an “overweight” rating in a research note on Friday, May 1st. Finally, Susquehanna raised their target price on ATI from $215.00 to $265.00 and gave the stock a “positive” rating in a research report on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating and nine have given a Buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $232.00.

About ATI

Allegheny Technologies Incorporated (ATI) is a global manufacturer of specialty materials and complex components, serving aerospace, defense, oil and gas, chemical processing, medical and other industrial end markets. The company operates through two main segments: High Performance Materials & Components, which produces titanium and nickel-based alloys, stainless and specialty steels, and precision forgings; and Flat-Rolled Products, which supplies stainless steel, nickel and specialty alloy sheet, strip and precision-rolled plate.