Alpha Metallurgical Resources, Inc. (NYSE:AMR) Shares Sold by Goehring & Rozencwajg Associates LLC

Goehring & Rozencwajg Associates LLC cut its holdings in Alpha Metallurgical Resources, Inc. (NYSE:AMR) by 2.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 71,800 shares of the energy company’s stock after selling 2,177 shares during the quarter. Alpha Metallurgical Resources accounts for 3.0% of Goehring & Rozencwajg Associates LLC’s investment portfolio, making the stock its 10th largest holding. Goehring & Rozencwajg Associates LLC’s holdings in Alpha Metallurgical Resources were worth $14,957,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of AMR. Pacer Advisors Inc. lifted its position in shares of Alpha Metallurgical Resources by 30.2% during the 3rd quarter. Pacer Advisors Inc. now owns 798,584 shares of the energy company’s stock valued at $188,610,000 after acquiring an additional 185,376 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in shares of Alpha Metallurgical Resources by 4.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 162,883 shares of the energy company’s stock valued at $38,470,000 after purchasing an additional 7,241 shares during the period. Wellington Management Group LLP boosted its position in shares of Alpha Metallurgical Resources by 26.5% during the 3rd quarter. Wellington Management Group LLP now owns 48,515 shares of the energy company’s stock worth $11,458,000 after purchasing an additional 10,161 shares in the last quarter. Barclays PLC boosted its position in shares of Alpha Metallurgical Resources by 309.2% during the 3rd quarter. Barclays PLC now owns 18,646 shares of the energy company’s stock worth $4,402,000 after purchasing an additional 14,089 shares in the last quarter. Finally, Franklin Resources Inc. grew its stake in shares of Alpha Metallurgical Resources by 4.6% in the 3rd quarter. Franklin Resources Inc. now owns 18,344 shares of the energy company’s stock valued at $4,105,000 after buying an additional 802 shares during the period. 84.29% of the stock is currently owned by institutional investors.

Insider Activity at Alpha Metallurgical Resources

In other news, Director Kenneth S. Courtis sold 10,621 shares of Alpha Metallurgical Resources stock in a transaction on Friday, December 13th. The stock was sold at an average price of $228.73, for a total transaction of $2,429,341.33. Following the sale, the director now directly owns 603,342 shares in the company, valued at $138,002,415.66. The trade was a 1.73 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 15.00% of the stock is owned by insiders.

Analyst Ratings Changes

Separately, Benchmark reaffirmed a “hold” rating on shares of Alpha Metallurgical Resources in a research report on Monday, November 4th.

Alpha Metallurgical Resources Trading Down 0.7 %

Shares of NYSE:AMR opened at $178.40 on Friday. Alpha Metallurgical Resources, Inc. has a 1-year low of $173.55 and a 1-year high of $452.00. The stock has a market cap of $2.32 billion, a PE ratio of 6.55 and a beta of 1.43. The stock’s fifty day simple moving average is $203.09 and its two-hundred day simple moving average is $223.01.

Alpha Metallurgical Resources Profile

Alpha Metallurgical Resources, Inc, a mining company, produces, processes, and sells met and thermal coal in Virginia and West Virginia. The company offers metallurgical coal products. It operates twenty-two active mines and nine coal preparation and load-out facilities. The company was formerly known as Contura Energy, Inc and changed its name to Alpha Metallurgical Resources, Inc in February 2021.