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ATI Inc. (NYSE:ATI - Get Rating) CAO Karl D. Schwartz sold 1,000 shares of the company's stock in a transaction that occurred on Monday, September 12th. The stock was sold at an average price of $31.32, for a total transaction of $31,320.00. Following the completion of the sale, the chief accounting officer now directly owns 62,833 shares of the company's stock, valued at $1,967,929.56. The sale was disclosed in a filing with the SEC, which is available at the SEC website. ATI Stock Down 2.1 %

ATI stock opened at $30.99 on Wednesday. ATI Inc. has a 12 month low of $13.85 and a 12 month high of $33.31. The firm has a market cap of $4.03 billion, a PE ratio of 774.94 and a beta of 1.23. The firm has a 50 day simple moving average of $27.79 and a 200 day simple moving average of $26.80. The company has a debt-to-equity ratio of 1.91, a current ratio of 2.89 and a quick ratio of 1.30.

ATI (NYSE:ATI - Get Rating) last released its earnings results on Thursday, August 4th. The basic materials company reported $0.54 EPS for the quarter, beating the consensus estimate of $0.37 by $0.17. ATI had a net margin of 0.36% and a return on equity of 21.63%. The business had revenue of $959.50 million during the quarter, compared to analyst estimates of $837.33 million. During the same period in the prior year, the business earned ($0.12) earnings per share. The business's quarterly revenue was up 55.7% on a year-over-year basis. Equities research analysts forecast that ATI Inc. will post 2.02 earnings per share for the current fiscal year. Institutional Trading of ATI

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Barclays PLC lifted its position in shares of ATI by 71.3% in the 4th quarter. Barclays PLC now owns 177,944 shares of the basic materials company's stock valued at $2,835,000 after acquiring an additional 74,078 shares in the last quarter. Rafferty Asset Management LLC purchased a new stake in shares of ATI in the 4th quarter valued at approximately $161,000. Comerica Bank lifted its position in shares of ATI by 12.5% in the 1st 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 acquired a new position in ATI in the 1st quarter valued at approximately $1,606,000. Finally, Bowen Hanes & Co. Inc. acquired a new position in ATI in the 1st quarter valued at approximately $40,221,000. Analyst Ratings Changes

A number of analysts have recently weighed in on ATI shares. Wolfe Research raised shares of ATI from a "peer perform" rating to an "outperform" rating and set a $33.00 price target for the company in a research note on Friday, August 5th. Benchmark upped their price target on shares of ATI to $37.00 in a research note on Tuesday, August 9th. Finally, KeyCorp upped their price target on shares of ATI from $31.00 to $33.00 and gave the stock an "overweight" rating in a research note on Friday, August 5th. One investment analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $30.14.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.See AlsoGet a free copy of the StockNews.com research report on ATI (ATI)These 3 Reports Will Tell Us Much About the Current EconomyIs Five Below Trying to Punch Too High? This Is What To Expect From The S&P 500 NowThe Two Things You Need To Know About Oracle’s FQ1 ReportThree Value Stocks For A Volatile Market

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