Insider Selling: ATI (NYSE:ATI) CEO Sells $719,024.68 in Stock

ATI Inc. (NYSE:ATI) CEO Kimberly Fields sold 3,641 shares of the business’s stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $197.48, for a total transaction of $719,024.68. Following the sale, the chief executive officer owned 201,104 shares in the company, valued at $39,714,017.92. This trade represents a 1.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

ATI Trading Down 1.2%

Shares of NYSE:ATI opened at $197.10 on Friday. The company has a 50 day moving average of $172.24 and a 200-day moving average of $148.17. The company has a current ratio of 2.67, a quick ratio of 1.17 and a debt-to-equity ratio of 0.95. The firm has a market cap of $26.90 billion, a P/E ratio of 65.26, a P/E/G ratio of 1.72 and a beta of 0.96. ATI Inc. has a twelve month low of $70.42 and a twelve month high of $205.31.

ATI (NYSE:ATI) last posted its quarterly earnings data on Thursday, April 30th. The basic materials company reported $1.00 EPS for the quarter, beating analysts’ consensus estimates of $0.88 by $0.12. ATI had a net margin of 9.26% and a return on equity of 26.44%. The business had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.19 billion. During the same quarter last year, the business earned $0.72 earnings per share. The business’s revenue for the quarter was up .6% on a year-over-year basis. ATI has set its Q2 2026 guidance at 0.980-1.040 EPS and its FY 2026 guidance at 4.200-4.480 EPS. As a group, analysts anticipate that ATI Inc. will post 4.43 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. PVG Asset Management Corp acquired a new stake in shares of ATI during the 1st quarter valued at $1,524,000. Empowered Funds LLC grew its holdings in shares of ATI by 304.6% in the 1st quarter. Empowered Funds LLC now owns 55,970 shares of the basic materials company’s stock worth $8,141,000 after acquiring an additional 42,136 shares during the last quarter. DV Trading LLC grew its holdings in shares of ATI by 100.0% in the 1st quarter. DV Trading LLC now owns 1,600 shares of the basic materials company’s stock worth $233,000 after acquiring an additional 800 shares during the last quarter. NewEdge Advisors LLC raised its position in shares of ATI by 3,869.0% during the first quarter. NewEdge Advisors LLC now owns 3,969 shares of the basic materials company’s stock worth $577,000 after purchasing an additional 3,869 shares during the period. Finally, Optiver Holding B.V. acquired a new stake in shares of ATI during the first quarter worth $178,000.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on ATI shares. KeyCorp lifted their price target on ATI from $167.00 to $175.00 and gave the company an “overweight” rating in a research report on Monday, May 4th. Weiss Ratings lowered ATI from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday. JPMorgan Chase & Co. raised their target price on ATI from $150.00 to $175.00 and gave the company an “overweight” rating in a research note on Friday, May 1st. Susquehanna lifted their target price on ATI from $155.00 to $185.00 and gave the stock a “positive” rating in a report on Friday, April 10th. Finally, 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. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, ATI currently has a consensus rating of “Moderate Buy” and an average target price of $164.38.

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.