Insider Selling: ATI (NYSE:ATI) CEO Sells $2,686,707.12 in Stock

ATI Inc. (NYSE:ATI) CEO Kimberly Fields sold 13,269 shares of ATI stock in a transaction on Monday, June 22nd. The shares were sold at an average price of $202.48, for a total transaction of $2,686,707.12. Following the completion of the sale, the chief executive officer owned 204,745 shares in the company, valued at approximately $41,456,767.60. This represents a 6.09% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

ATI Stock Down 1.2%

ATI opened at $197.10 on Friday. The company has a market capitalization of $26.90 billion, a PE ratio of 65.26, a price-to-earnings-growth ratio of 1.72 and a beta of 0.96. The firm has a 50-day simple moving average of $172.24 and a two-hundred day simple moving average of $148.17. The company has a quick ratio of 1.17, a current ratio of 2.67 and a debt-to-equity ratio of 0.95. ATI Inc. has a 52 week low of $70.42 and a 52 week high of $205.31.

ATI (NYSE:ATI) last issued its earnings results on Thursday, April 30th. The basic materials company reported $1.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.88 by $0.12. The firm had revenue of $1.15 billion for the quarter, compared to analysts’ expectations of $1.19 billion. ATI had a return on equity of 26.44% and a net margin of 9.26%.The business’s revenue was up .6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.72 earnings per share. ATI has set its Q2 2026 guidance at 0.980-1.040 EPS and its FY 2026 guidance at 4.200-4.480 EPS. Analysts forecast that ATI Inc. will post 4.43 earnings per share for the current fiscal year.

Hedge Funds Weigh In On ATI

A number of large investors have recently made changes to their positions in ATI. Norges Bank purchased a new stake in ATI in the 4th quarter worth about $198,787,000. Capital World Investors boosted its position in shares of ATI by 15.8% during the third quarter. Capital World Investors now owns 7,900,572 shares of the basic materials company’s stock valued at $642,633,000 after buying an additional 1,080,201 shares during the period. SG Americas Securities LLC boosted its position in shares of ATI by 1,471.8% during the first quarter. SG Americas Securities LLC now owns 1,075,368 shares of the basic materials company’s stock valued at $156,423,000 after buying an additional 1,006,951 shares during the period. Holocene Advisors LP grew its stake in shares of ATI by 153.7% during the third quarter. Holocene Advisors LP now owns 1,534,114 shares of the basic materials company’s stock valued at $124,785,000 after buying an additional 929,333 shares during the last quarter. Finally, AQR Capital Management LLC grew its stake in shares of ATI by 684.9% during the fourth quarter. AQR Capital Management LLC now owns 1,019,840 shares of the basic materials company’s stock valued at $117,037,000 after buying an additional 889,912 shares during the last quarter.

Analysts Set New Price Targets

Several analysts have recently issued reports on the company. Wells Fargo & Company initiated coverage on ATI in a report on Wednesday, April 1st. They set an “overweight” rating and a $175.00 price objective on the stock. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $194.00 target price on shares of ATI in a report on Friday, May 1st. BTIG Research boosted their price target on shares of ATI from $165.00 to $180.00 and gave the stock a “buy” rating in a research report on Friday, May 1st. Zacks Research cut shares of ATI from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 7th. Finally, KeyCorp upped their price target on shares of ATI from $167.00 to $175.00 and gave the company an “overweight” rating in a research note on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $164.38.

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.