This Insider Has Just Sold Shares In Atlas Energy Solutions
Some Atlas Energy Solutions Inc. (NYSE:AESI) shareholders may be a little concerned to see that insider Gregory Shepard recently sold a substantial US$4.8m worth of stock at a price of US$5.34 per share. That's a big disposal, and it decreased their holding size by 12%, which is notable but not too bad.
The Last 12 Months Of Insider Transactions At Atlas Energy Solutions
Notably, that recent sale by Gregory Shepard is the biggest insider sale of Atlas Energy Solutions shares that we've seen in the last year. That means that an insider was selling shares at around the current price of US$5.50. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. In this case, the big sale took place at around the current price, so it's not too bad (but it's still not a positive).
Insiders in Atlas Energy Solutions didn't buy any shares in the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!
View our latest analysis for Atlas Energy Solutions
If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: Most of them are flying under the radar).
Insider Ownership Of Atlas Energy Solutions
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. We usually like to see fairly high levels of insider ownership. Atlas Energy Solutions insiders own 23% of the company, currently worth about US$160m based on the recent share price. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.
What Might The Insider Transactions At Atlas Energy Solutions Tell Us?
An insider hasn't bought Atlas Energy Solutions stock in the last three months, but there was some selling. And even if we look at the last year, we didn't see any purchases. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Case in point: We've spotted 3 warning signs for Atlas Energy Solutions you should be aware of, and 1 of them is a bit unpleasant.
But note: Atlas Energy Solutions may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.
For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.
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