Wilmington Savings Fund Society FSB Has $328,000 Holdings in Atlas Energy Solutions Inc. (NYSE:AESI)

Wilmington Savings Fund Society FSB boosted its position in shares of Atlas Energy Solutions Inc. (NYSE:AESI) by 8.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,770 shares of the company’s stock after acquiring an additional 1,100 shares during the period. Wilmington Savings Fund Society FSB’s holdings in Atlas Energy Solutions were worth $328,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of Atlas Energy Solutions by 1.6% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 44,931 shares of the company’s stock worth $979,000 after purchasing an additional 711 shares during the period. CWM LLC grew its holdings in Atlas Energy Solutions by 47.1% in the 3rd quarter. CWM LLC now owns 2,766 shares of the company’s stock valued at $60,000 after buying an additional 886 shares during the last quarter. Cetera Investment Advisers increased its position in Atlas Energy Solutions by 1.0% in the 2nd quarter. Cetera Investment Advisers now owns 88,654 shares of the company’s stock worth $1,767,000 after buying an additional 897 shares during the period. FMR LLC lifted its holdings in shares of Atlas Energy Solutions by 101.0% during the third quarter. FMR LLC now owns 2,696 shares of the company’s stock worth $59,000 after buying an additional 1,355 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Atlas Energy Solutions by 55.2% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,745 shares of the company’s stock valued at $125,000 after acquiring an additional 2,043 shares during the period. 34.59% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on AESI shares. Stephens boosted their target price on shares of Atlas Energy Solutions from $28.00 to $29.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 28th. Royal Bank of Canada boosted their price objective on shares of Atlas Energy Solutions from $27.00 to $28.00 and gave the stock an “outperform” rating in a report on Tuesday, January 28th. Benchmark increased their target price on shares of Atlas Energy Solutions from $23.00 to $28.00 and gave the company a “buy” rating in a research note on Wednesday, January 29th. Bank of America reissued a “neutral” rating and set a $22.50 target price on shares of Atlas Energy Solutions in a research report on Monday, January 13th. Finally, Raymond James cut Atlas Energy Solutions from a “strong-buy” rating to a “hold” rating in a report on Monday, January 6th. Six analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $25.50.

Atlas Energy Solutions Price Performance

NYSE:AESI opened at $21.77 on Wednesday. The firm has a market cap of $2.40 billion, a PE ratio of 27.56, a price-to-earnings-growth ratio of 6.39 and a beta of 1.03. The company’s 50-day moving average price is $22.78 and its two-hundred day moving average price is $21.59. The company has a quick ratio of 1.08, a current ratio of 1.23 and a debt-to-equity ratio of 0.42. Atlas Energy Solutions Inc. has a 12 month low of $17.19 and a 12 month high of $26.86.

Insider Transactions at Atlas Energy Solutions

In related news, major shareholder Brian Anthony Leveille sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of $20.70, for a total value of $207,000.00. Following the completion of the sale, the insider now owns 482,010 shares of the company’s stock, valued at $9,977,607. This trade represents a 2.03 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, major shareholder Stacy Hock sold 8,571 shares of the company’s stock in a transaction on Wednesday, December 18th. The stock was sold at an average price of $22.55, for a total value of $193,276.05. Following the transaction, the insider now directly owns 917,604 shares in the company, valued at approximately $20,691,970.20. This represents a 0.93 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 126,071 shares of company stock valued at $2,915,851 in the last three months. 24.34% of the stock is owned by corporate insiders.

Atlas Energy Solutions Profile

Atlas Energy Solutions Inc engages in the production, processing, and sale of mesh and sand that are used as a proppant during the well completion process in the Permian Basin of Texas and New Mexico. The company provides transportation and logistics, storage solutions, and contract labor services. It sells its products and services to oil and natural gas exploration and production companies, and oilfield services companies.