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ATI Inc. (NYSE:ATI - Get Rating) CEO Robert S. Wetherbee sold 15,000 shares of the stock in a transaction on Monday, October 3rd. The stock was sold at an average price of $27.13, for a total value of $406,950.00. Following the completion of the sale, the chief executive officer now owns 343,753 shares in the company, valued at approximately $9,326,018.89. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. ATI Stock Performance

ATI stock traded down $0.54 during trading on Wednesday, reaching $28.90. The stock had a trading volume of 792,500 shares, compared to its average volume of 1,903,275. ATI Inc. has a 52 week low of $13.85 and a 52 week high of $33.31. The stock's 50 day moving average is $29.67 and its two-hundred day moving average is $27.12. The company has a current ratio of 2.89, a quick ratio of 1.30 and a debt-to-equity ratio of 1.91. The firm has a market cap of $3.75 billion, a PE ratio of 733.93 and a beta of 1.22.

ATI (NYSE:ATI - Get Rating) last posted its earnings results on Thursday, August 4th. The basic materials company reported $0.54 earnings per share for the quarter, beating analysts' consensus estimates of $0.37 by $0.17. ATI had a return on equity of 21.63% and a net margin of 0.36%. The company had revenue of $959.50 million for the quarter, compared to the consensus estimate of $837.33 million. During the same quarter in the prior year, the company earned ($0.12) earnings per share. ATI's revenue was up 55.7% on a year-over-year basis. As a group, equities analysts anticipate that ATI Inc. will post 2.02 earnings per share for the current year. Analyst Upgrades and Downgrades

A number of research firms have weighed in on ATI. KeyCorp raised their price target on ATI from $31.00 to $33.00 and gave the company an "overweight" rating in a research report on Friday, August 5th. Benchmark raised their price objective on ATI to $37.00 in a research note on Tuesday, August 9th. Finally, Wolfe Research upgraded ATI from a "peer perform" rating to an "outperform" rating and set a $33.00 target price for the company in a report on Friday, August 5th. One analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, ATI presently has a consensus rating of "Moderate Buy" and a consensus price target of $30.14.Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in ATI. Barclays PLC lifted its holdings in ATI by 71.3% in the 4th quarter. Barclays PLC now owns 177,944 shares of the basic materials company's stock worth $2,835,000 after purchasing an additional 74,078 shares in the last quarter. Comerica Bank grew its stake in ATI by 12.5% during the first quarter. Comerica Bank now owns 218,942 shares of the basic materials company's stock valued at $6,559,000 after acquiring an additional 24,289 shares in the last quarter. EAM Investors LLC purchased a new position in ATI during the first quarter valued at $1,606,000. Bowen Hanes & Co. Inc. purchased a new position in ATI during the first quarter valued at $40,221,000. Finally, Advisor Group Holdings Inc. grew its stake in ATI by 488.3% during the first quarter. Advisor Group Holdings Inc. now owns 48,227 shares of the basic materials company's stock valued at $1,291,000 after acquiring an additional 40,029 shares in the last quarter. ATI Company Profile (Get Rating)

ATI Inc manufactures and sells specialty materials and components worldwide. The company operates in two segments: High Performance Materials & Components (HPMC) and Advanced Alloys & Solutions (AA&S). The HPMC segment produces various materials, including titanium and titanium-based alloys, nickel- and cobalt-based alloys and superalloys, advanced powder alloys and other specialty materials, in long product forms, such as ingot, billet, bar, rod, wire, shapes and rectangles, and seamless tubes, as well as precision forgings, components, and machined parts.Featured ArticlesGet a free copy of the StockNews.com research report on ATI (ATI)Hot Potato: Lamb Weston Stock Confirms a Top Too Soon: 3 Reasons to Wait on DocuSign StockRite-Aid Sings a Familiar Tune That Investors Don’t Want to Hear Don't Give Up on These Q3 LosersThe Anatomy of a Great Pension Plan

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