Have Insiders Sold Atlas Energy Solutions Shares Recently?

Some Atlas Energy Solutions Inc. (NYSE:AESI) shareholders may be a little concerned to see that insider Brian Leveille recently sold a substantial US$556k worth of stock at a price of US$24.70 per share. However, that sale only accounted for 6.0% of their holding, so arguably it doesn't say much about their conviction.

See our latest analysis for Atlas Energy Solutions

Atlas Energy Solutions Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider sale was by the insider, Richard Schmidt, for US$3.7m worth of shares, at about US$21.94 per share. That means that an insider was selling shares at slightly below the current price (US$25.02). As a general rule we consider it to be discouraging when insiders are selling below the current price, because it suggests they were happy with a lower valuation. While insider selling is not a positive sign, we can't be sure if it does mean insiders think the shares are fully valued, so it's only a weak sign. This single sale was just 10% of Richard Schmidt's stake.

In total, Atlas Energy Solutions insiders sold more than they bought over the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

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Insider Ownership

Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Atlas Energy Solutions insiders own about US$794m worth of shares (which is 29% of the company). This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

So What Does This Data Suggest About Atlas Energy Solutions Insiders?

The insider sales have outweighed the insider buying, at Atlas Energy Solutions, in the last three months. Despite some insider buying, the longer term picture doesn't make us feel much more positive. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. When we did our research, we found 4 warning signs for Atlas Energy Solutions (2 don't sit too well with us!) that we believe deserve your full attention.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.

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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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.