Insider Selling: ATI (NYSE:ATI) VP Sells $3,185,490.00 in Stock

ATI Inc. (NYSE:ATI) VP Timothy Harris sold 16,500 shares of the business’s stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $193.06, for a total transaction of $3,185,490.00. Following the completion of the sale, the vice president owned 97,187 shares in the company, valued at $18,762,922.22. This represents a 14.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

ATI Price Performance

NYSE:ATI traded up $3.25 during mid-day trading on Wednesday, hitting $189.94. 1,031,074 shares of the company’s stock traded hands, compared to its average volume of 1,843,184. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.14 and a current ratio of 2.33. The company has a market cap of $25.86 billion, a PE ratio of 55.70, a price-to-earnings-growth ratio of 1.13 and a beta of 1.01. The firm’s 50 day simple moving average is $203.41 and its 200 day simple moving average is $179.33. ATI Inc. has a 1 year low of $75.02 and a 1 year high of $243.57.

ATI (NYSE:ATI) last announced its quarterly earnings results on Thursday, August 6th. The basic materials company reported $1.23 earnings per share (EPS) 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 company had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.22 billion. During the same quarter in the prior year, the firm earned $0.74 earnings per share. The company’s revenue for the quarter was up 10.6% compared to the same quarter last year. ATI has set its Q3 2026 guidance at 1.310-1.370 EPS and its FY 2026 guidance at 4.900-5.180 EPS. Sell-side analysts expect that ATI Inc. will post 5.11 EPS for the current year.

Institutional Trading of ATI

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. CoreCap Advisors LLC bought a new stake in shares of ATI in the 2nd quarter valued at approximately $30,000. Signature Equity Partners LLC boosted its holdings in ATI by 208.5% in the first quarter. Signature Equity Partners LLC now owns 182 shares of the basic materials company’s stock worth $26,000 after purchasing an additional 123 shares during the period. Triumph Capital Management increased its stake in ATI by 22.4% during the second quarter. Triumph Capital Management now owns 317 shares of the basic materials company’s stock valued at $62,000 after purchasing an additional 58 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of ATI during the second quarter worth $73,000. Finally, Meeder Asset Management Inc. acquired a new stake in shares of ATI during the second quarter worth $77,000.

Analyst Ratings Changes

ATI has been the topic of a number of recent research reports. TD Cowen upped their target price on shares of ATI from $170.00 to $210.00 and gave the company a “buy” rating in a report on Monday, July 13th. Weiss Ratings raised shares of ATI from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, July 9th. Wall Street Zen raised shares of ATI from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. KeyCorp raised their target price on shares of ATI from $211.00 to $258.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 12th. Finally, BTIG Research lifted their target price on shares of ATI from $180.00 to $270.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating and nine have issued a Buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $232.00.

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.