ATI (NYSE:ATI) VP Timothy Harris Sells 16,500 Shares

ATI Inc. (NYSE:ATI) VP Timothy Harris sold 16,500 shares of the business’s stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $210.01, for a total value of $3,465,165.00. Following the completion of the transaction, the vice president directly owned 130,187 shares of the company’s stock, valued at $27,340,571.87. The trade was a 11.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

ATI Stock Performance

Shares of NYSE ATI traded up $0.31 during midday trading on Wednesday, reaching $201.26. 1,921,630 shares of the stock were exchanged, compared to its average volume of 1,885,408. The firm has a market cap of $27.41 billion, a price-to-earnings ratio of 59.02, a PEG ratio of 1.23 and a beta of 1.01. ATI Inc. has a twelve month low of $74.45 and a twelve month high of $243.57. The firm has a 50-day simple moving average of $201.67 and a two-hundred day simple moving average of $175.64. 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 (NYSE:ATI) last posted its earnings results on Thursday, August 6th. The basic materials company reported $1.23 earnings per share for the quarter, beating the consensus estimate of $1.03 by $0.20. ATI had a net margin of 10.09% and a return on equity of 29.27%. The firm had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.22 billion. During the same period in the previous year, the firm earned $0.74 EPS. The business’s quarterly revenue was up 10.6% on a year-over-year basis. ATI has set its Q3 2026 guidance at 1.310-1.370 EPS and its FY 2026 guidance at 4.900-5.180 EPS. As a group, analysts anticipate that ATI Inc. will post 5.15 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. TD Cowen upped their target price on ATI from $170.00 to $210.00 and gave the stock a “buy” rating in a research note on Monday, July 13th. Weiss Ratings raised shares of ATI from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, July 9th. Susquehanna boosted their price target on shares of ATI from $215.00 to $265.00 and gave the stock a “positive” rating in a report on Friday, August 7th. BTIG Research upped their price objective on shares of ATI from $180.00 to $270.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. Finally, Wells Fargo & Company reaffirmed an “overweight” rating and set a $275.00 price objective on shares of ATI in a report on Monday, August 10th. One analyst has rated the stock with a Strong Buy rating and nine have issued a Buy rating to the stock. According to MarketBeat.com, ATI has an average rating of “Buy” and an average target price of $232.00.

Institutional Trading of ATI

Several large investors have recently made changes to their positions in the company. Signature Equity Partners LLC lifted its holdings in ATI by 208.5% in the 1st quarter. Signature Equity Partners LLC now owns 182 shares of the basic materials company’s stock valued at $26,000 after purchasing an additional 123 shares in the last quarter. CoreCap Advisors LLC purchased a new stake in shares of ATI during the second quarter worth $30,000. Summit Securities Group LLC purchased a new stake in shares of ATI during the first quarter worth $60,000. Triumph Capital Management raised its position in shares of ATI by 22.4% in the second quarter. Triumph Capital Management now owns 317 shares of the basic materials company’s stock valued at $62,000 after buying an additional 58 shares during the last quarter. Finally, Hollencrest Capital Management raised its position in shares of ATI by 283.1% in the first quarter. Hollencrest Capital Management now owns 452 shares of the basic materials company’s stock valued at $66,000 after buying an additional 334 shares during the last quarter.

ATI Company Profile

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.