Today, the EVP, HPMC Segment of Allegheny Technologies (NYSE: ATI), John Sims, sold shares of ATI for $820.2K.
See today’s analyst top recommended stocks >>
Based on Allegheny Technologies’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $979 million and quarterly net profit of $58 million. In comparison, last year the company earned revenue of $866 million and had a net profit of $17.5 million. The company has a one-year high of $30.25 and a one-year low of $14.54. Currently, Allegheny Technologies has an average volume of 1.44M.
Based on 5 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $32.00, reflecting a -17.0% downside. Five different firms, including Berenberg Bank and Merrill Lynch, currently also have a Sell rating on the stock.
Company insider trades’ information is brought to you by the DailyInsider, a proprietary algorithm that analyzes insider trading activity to detect the most attractive trading opportunities. To subscribe to the DailyInsider visit this page.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Allegheny Technologies, Inc. engages in the manufacture of specialty materials and components for different industries which include aerospace and defense, oil and gas, chemical process, and electrical energy. It operates through the High Performance Materials and Components (HPMC) and Flat Rolled Products (FRP) segments.
