Jefferies Financial Group Inc. Invests $7.56 Million in Atlas Energy Solutions Inc. $AESI

Jefferies Financial Group Inc. acquired a new position in shares of Atlas Energy Solutions Inc. (NYSE:AESI) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 802,760 shares of the company’s stock, valued at approximately $7,562,000.

A number of other hedge funds also recently made changes to their positions in AESI. Americana Partners LLC lifted its stake in Atlas Energy Solutions by 10.5% in the fourth quarter. Americana Partners LLC now owns 151,161 shares of the company’s stock worth $1,424,000 after purchasing an additional 14,396 shares during the last quarter. Envestnet Portfolio Solutions Inc. bought a new stake in Atlas Energy Solutions in the fourth quarter worth $199,000. Simcoe Capital LLC bought a new stake in Atlas Energy Solutions in the fourth quarter worth $2,579,000. 49 Wealth Management LLC lifted its stake in Atlas Energy Solutions by 123.4% in the fourth quarter. 49 Wealth Management LLC now owns 56,405 shares of the company’s stock worth $531,000 after purchasing an additional 31,153 shares during the last quarter. Finally, New York State Teachers Retirement System lifted its stake in Atlas Energy Solutions by 120.3% in the fourth quarter. New York State Teachers Retirement System now owns 107,861 shares of the company’s stock worth $1,016,000 after purchasing an additional 58,900 shares during the last quarter. 34.59% of the stock is owned by institutional investors.

Analyst Ratings Changes

AESI has been the subject of several recent research reports. Stephens set a $16.00 price target on shares of Atlas Energy Solutions in a research note on Tuesday, January 27th. Barclays boosted their price target on shares of Atlas Energy Solutions from $12.00 to $16.00 and gave the stock an “underweight” rating in a research note on Friday, May 8th. The Goldman Sachs Group upped their price objective on shares of Atlas Energy Solutions from $8.00 to $9.00 and gave the company a “sell” rating in a research note on Wednesday, March 4th. Royal Bank Of Canada upped their price objective on shares of Atlas Energy Solutions from $14.00 to $20.00 and gave the company a “sector perform” rating in a research note on Wednesday, May 6th. Finally, Stifel Nicolaus set a $28.00 price objective on shares of Atlas Energy Solutions in a research note on Friday, May 1st. Three investment 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’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $18.57.

Insiders Place Their Bets

In other Atlas Energy Solutions news, major shareholder Chris Scholla sold 8,912 shares of the company’s stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $11.79, for a total value of $105,072.48. Following the sale, the insider owned 567,972 shares in the company, valued at approximately $6,696,389.88. This represents a 1.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 16.40% of the company’s stock.

Atlas Energy Solutions Price Performance

Shares of NYSE AESI opened at $19.09 on Tuesday. Atlas Energy Solutions Inc. has a 1 year low of $7.64 and a 1 year high of $20.13. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.17 and a quick ratio of 0.94. The company’s 50-day moving average is $15.21 and its 200 day moving average is $12.10. The stock has a market capitalization of $2.38 billion, a P/E ratio of -24.17 and a beta of 1.08.

Atlas Energy Solutions Profile

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.