Atlas Energy Solutions (NYSE:AESI) Shares Unloaded Rep. Chip Roy

Representative Chip Roy (Republican-Texas) recently sold shares of Atlas Energy Solutions Inc. (NYSE:AESI). In a filing disclosed on June 10th, the Representative disclosed that they had sold between $100,001 and $250,000 in Atlas Energy Solutions stock on May 13th.

Atlas Energy Solutions Stock Down 3.1%

AESI stock opened at $16.50 on Friday. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.17 and a quick ratio of 0.94. The stock has a market capitalization of $2.06 billion, a price-to-earnings ratio of -20.88 and a beta of 1.02. The business’s fifty day moving average price is $16.25 and its two-hundred day moving average price is $12.83. Atlas Energy Solutions Inc. has a fifty-two week low of $7.64 and a fifty-two week high of $20.13.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Stifel Nicolaus set a $28.00 price objective on Atlas Energy Solutions in a research report on Friday, May 1st. Piper Sandler increased their price objective on Atlas Energy Solutions from $13.00 to $19.00 and gave the stock a “neutral” rating in a research report on Monday, May 18th. Citigroup increased their price objective on Atlas Energy Solutions from $18.00 to $22.00 and gave the stock a “buy” rating in a research report on Tuesday, May 12th. Barclays raised their price target on Atlas Energy Solutions from $12.00 to $16.00 and gave the stock an “underweight” rating in a research report on Friday, May 8th. Finally, Weiss Ratings upgraded Atlas Energy Solutions from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, June 5th. Four investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, Atlas Energy Solutions has an average rating of “Hold” and a consensus target price of $20.00.

Institutional Trading of Atlas Energy Solutions

A number of hedge funds have recently made changes to their positions in AESI. Encompass Capital Advisors LLC acquired a new stake in shares of Atlas Energy Solutions during the first quarter valued at about $119,854,000. Millennium Management LLC boosted its stake in shares of Atlas Energy Solutions by 3,783.3% during the fourth quarter. Millennium Management LLC now owns 1,883,042 shares of the company’s stock valued at $17,738,000 after purchasing an additional 1,834,551 shares in the last quarter. UBS Group AG boosted its stake in shares of Atlas Energy Solutions by 139.6% during the fourth quarter. UBS Group AG now owns 2,170,655 shares of the company’s stock valued at $20,448,000 after purchasing an additional 1,264,530 shares in the last quarter. Nixon Capital LLC acquired a new stake in shares of Atlas Energy Solutions during the fourth quarter valued at about $11,284,000. Finally, Wellington Management Group LLP acquired a new stake in shares of Atlas Energy Solutions during the fourth quarter valued at about $10,813,000. 34.59% of the stock is owned by institutional investors and hedge funds.

About Representative Roy

Chip Roy (Republican Party) is a member of the U.S. House, representing Texas’ 21st Congressional District. He assumed office on January 3, 2019. His current term ends on January 3, 2027.

Roy (Republican Party) is running for re-election to the U.S. House to represent Texas’ 21st Congressional District. He declared candidacy for the 2026 election.

Roy served as chief of staff to Sen. Ted Cruz (R-Texas) and senior advisor to Texas Gov. Rick Perry (R). Both Cruz and Perry endorsed Roy’s candidacy as did conservative groups such as the Club for Growth, the House Freedom Fund (connected with the House Freedom Caucus), and the Senate Conservatives Fund.

According to Maddie Diorio, a Republican activist who endorsed him, “Chip Roy is going to Washington DC to be the next Ted Cruz, Mike Lee, Rand Paul and follow in the footsteps of the other great conservatives.”

About Atlas Energy Solutions

Atlas Energy Solutions (NYSE: AESI) is an independent energy infrastructure company specializing in the development and operation of low-carbon and renewable natural gas (RNG) projects alongside complementary clean energy offerings. Through its diversified platform, the company seeks to deliver decarbonization solutions across heavy-duty transportation and industrial markets, leveraging technologies that reduce greenhouse gas emissions while providing reliable fuel and energy services.

The company’s core business activities encompass four primary segments.