ATI (NYSE:ATI) VP Sells $1,726,380.00 in Stock

ATI Inc. (NYSE:ATI) VP Timothy Harris sold 9,000 shares of the stock in a transaction on Monday, September 21st. The shares were sold at an average price of $191.82, for a total value of $1,726,380.00. Following the completion of the sale, the vice president owned 88,187 shares of the company’s stock, valued at approximately $16,916,030.34. This represents a 9.26% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

ATI Stock Up 1.0%

Shares of ATI traded up $1.94 during midday trading on Wednesday, reaching $188.50. 184,250 shares of the company were exchanged, compared to its average volume of 1,865,525. ATI Inc. has a 1-year low of $75.02 and a 1-year high of $243.57. The stock has a 50-day moving average price of $203.43 and a 200-day moving average price of $180.04. The company has a current ratio of 2.33, a quick ratio of 1.14 and a debt-to-equity ratio of 0.91. The company has a market cap of $25.67 billion, a price-to-earnings ratio of 55.35, a P/E/G ratio of 1.15 and a beta of 1.01.

ATI (NYSE:ATI) last announced its earnings results on Thursday, August 6th. The basic materials company reported $1.23 EPS for the quarter, beating the consensus estimate of $1.03 by $0.20. The business had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.22 billion. ATI had a return on equity of 29.27% and a net margin of 10.09%.The company’s revenue was up 10.6% on a year-over-year basis. During the same period last year, the business 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. Research analysts expect that ATI Inc. will post 5.11 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on ATI. KeyCorp upped their target price on shares of ATI from $211.00 to $258.00 and gave the company an “overweight” rating in a research note on Wednesday, August 12th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $262.00 price objective on shares of ATI in a report on Monday, August 10th. TD Cowen upped their price objective on shares of ATI from $170.00 to $210.00 and gave the company a “buy” rating in a research report on Monday, July 13th. Zacks Research upgraded ATI from a “hold” rating to a “strong-buy” rating in a research note on Thursday, June 25th. Finally, Wells Fargo & Company reaffirmed an “overweight” rating and set a $275.00 target price on shares of ATI in a research report on Monday, August 10th. One equities research analyst has rated the stock with a Strong Buy rating and nine have given a Buy rating to the stock. According to data from MarketBeat.com, ATI has a consensus rating of “Buy” and a consensus price target of $232.00.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of ATI. Security National Bank of Sioux City Iowa IA bought a new stake in shares of ATI in the 2nd quarter valued at approximately $118,000. Sequoia Financial Advisors LLC raised its position in shares of ATI by 485.8% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 33,554 shares of the basic materials company’s stock valued at $6,613,000 after acquiring an additional 27,826 shares in the last quarter. Arlington Capital Management Inc. bought a new position in ATI during the second quarter worth $239,000. WINTON GROUP Ltd lifted its stake in ATI by 50.5% during the second quarter. WINTON GROUP Ltd now owns 13,394 shares of the basic materials company’s stock worth $2,640,000 after purchasing an additional 4,494 shares during the last quarter. Finally, Engineers Gate Manager LP lifted its stake in ATI by 26.3% during the second quarter. Engineers Gate Manager LP now owns 87,049 shares of the basic materials company’s stock worth $17,157,000 after purchasing an additional 18,104 shares during the last quarter.

ATI Company Profile

ATI Inc (NYSE: ATI) is a specialty materials and components manufacturer serving aerospace and defense, medical, energy, transportation, and other demanding industrial markets. The company develops and produces advanced alloys and engineered materials designed to perform in high-temperature, corrosive, and high-stress environments.

ATI’s products include nickel-based superalloys, titanium and titanium-based materials, specialty stainless steels, zirconium and other specialty alloys. Its manufacturing capabilities also include precision forgings, castings, rolled products, and machined components used in aircraft engines, airframes, power-generation equipment, medical devices, and industrial applications.

The company was formed in 1996 through the combination of Allegheny Ludlum Corporation and Teledyne, Inc’s specialty metals operations and adopted the name ATI Inc in 2021.