Categories: Insider Trading News

Atlas Vitality Options insider sells $180,000 in inventory


Brian Anthony Leveille, a member of the ten% proprietor group at Atlas (NYSE:ATCO) Vitality Options Inc. (NYSE:AESI), not too long ago bought a portion of his holdings within the firm. In accordance with a latest SEC submitting, Leveille bought 7,500 shares of frequent inventory on January 16, 2025, at a value of $24 per share. The full worth of the transaction amounted to $180,000. Following this sale, Leveille retains possession of 397,010 shares within the $2.71B market cap firm.The insider sale comes as AESI trades close to its 52-week excessive of $24.93, having delivered spectacular returns of ~13% previously week and ~55% over the past 12 months. InvestingPro evaluation suggests the inventory is presently barely undervalued, with 8 further ProTips out there to subscribers protecting progress, profitability, and momentum elements.

In different latest information, Atlas Vitality Options has been the topic of a number of analyst downgrades. BofA Securities, Goldman Sachs, Citi, and Barclays (LON:BARC) have all shifted their stance on Atlas Vitality, downgrading the corporate’s inventory ranking to Impartial. Regardless of the downgrades, Atlas Vitality reported a 6% quarterly improve in income, reaching $304 million. The corporate additionally introduced a dividend improve to $0.24 per share and a $200 million share repurchase program, indicating its confidence in its monetary well being. BofA Securities additionally revised its projections for Atlas Vitality’s adjusted EBITDA, anticipating it to achieve $360 million in 2025 and $425 million in 2026. Goldman Sachs, then again, highlighted Atlas Vitality’s 4.4% dividend yield as an interesting facet for buyers searching for revenue. These are among the many latest developments for Atlas Vitality Options.

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