Manatuck Hill Partners LLC Purchases Shares of 230,000 Atlas Energy Solutions Inc. $AESI

Manatuck Hill Partners LLC purchased a new stake in Atlas Energy Solutions Inc. (NYSE:AESIFree Report) in the 4th quarter, HoldingsChannel.com reports. The fund purchased 230,000 shares of the company’s stock, valued at approximately $2,167,000.

Several other large investors have also recently bought and sold shares of AESI. Royal Bank of Canada boosted its holdings in Atlas Energy Solutions by 26.0% in the 1st quarter. Royal Bank of Canada now owns 249,793 shares of the company’s stock valued at $4,456,000 after purchasing an additional 51,477 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Atlas Energy Solutions by 14.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 44,209 shares of the company’s stock valued at $789,000 after purchasing an additional 5,579 shares during the period. Goldman Sachs Group Inc. boosted its holdings in Atlas Energy Solutions by 18.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,409,054 shares of the company’s stock valued at $25,138,000 after purchasing an additional 219,834 shares during the period. Schnieders Capital Management LLC. bought a new position in Atlas Energy Solutions in the 2nd quarter valued at $134,000. Finally, Russell Investments Group Ltd. boosted its holdings in Atlas Energy Solutions by 6.8% in the 2nd quarter. Russell Investments Group Ltd. now owns 108,001 shares of the company’s stock valued at $1,444,000 after purchasing an additional 6,869 shares during the period. 34.59% of the stock is owned by institutional investors.

Atlas Energy Solutions Stock Performance

NYSE AESI opened at $16.13 on Thursday. Atlas Energy Solutions Inc. has a 52-week low of $7.64 and a 52-week high of $20.13. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.94 and a current ratio of 1.17. The company has a market capitalization of $2.01 billion, a P/E ratio of -20.41 and a beta of 1.02. The company has a fifty day moving average of $16.61 and a 200-day moving average of $13.06.

Analyst Ratings Changes

AESI has been the subject of several analyst reports. Royal Bank Of Canada raised their price target on shares of Atlas Energy Solutions from $14.00 to $20.00 and gave the company a “sector perform” rating in a report on Wednesday, May 6th. Citigroup raised their price target on shares of Atlas Energy Solutions from $18.00 to $22.00 and gave the company a “buy” rating in a report on Tuesday, May 12th. Weiss Ratings raised shares of Atlas Energy Solutions from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, June 5th. Piper Sandler raised their price target on shares of Atlas Energy Solutions from $13.00 to $19.00 and gave the company a “neutral” rating in a report on Monday, May 18th. Finally, Raymond James Financial raised shares of Atlas Energy Solutions from a “market perform” rating to an “outperform” rating and set a $25.00 price objective for the company in a report on Tuesday, June 2nd. Four equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $20.00.

Read Our Latest Stock Analysis on AESI

Atlas Energy Solutions Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Atlas Energy Solutions (NYSE:AESI)

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