Kapitalo Investimentos Ltda Makes New $519,000 Investment in Alpha Metallurgical Resources, Inc. (NYSE:AMR)

Kapitalo Investimentos Ltda purchased a new stake in Alpha Metallurgical Resources, Inc. (NYSE:AMR) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 1,530 shares of the energy company’s stock, valued at approximately $519,000.

Several other large investors also recently made changes to their positions in AMR. Stratos Wealth Advisors LLC boosted its stake in Alpha Metallurgical Resources by 0.5% in the 4th quarter. Stratos Wealth Advisors LLC now owns 6,631 shares of the energy company’s stock worth $2,247,000 after purchasing an additional 31 shares during the period. SummerHaven Investment Management LLC boosted its position in shares of Alpha Metallurgical Resources by 0.7% during the fourth quarter. SummerHaven Investment Management LLC now owns 4,802 shares of the energy company’s stock worth $1,627,000 after buying an additional 35 shares during the period. American International Group Inc. grew its holdings in shares of Alpha Metallurgical Resources by 1.1% during the fourth quarter. American International Group Inc. now owns 6,300 shares of the energy company’s stock worth $2,135,000 after buying an additional 67 shares in the last quarter. GAMMA Investing LLC acquired a new stake in Alpha Metallurgical Resources in the 4th quarter valued at approximately $33,000. Finally, Wetzel Investment Advisors Inc. bought a new stake in Alpha Metallurgical Resources in the 4th quarter valued at approximately $34,000. Institutional investors own 84.29% of the company’s stock.

Insider Buying and Selling

In other Alpha Metallurgical Resources news, CAO Roger Lee Nicholson sold 3,593 shares of the firm’s stock in a transaction on Tuesday, May 14th. The stock was sold at an average price of $290.16, for a total transaction of $1,042,544.88. Following the completion of the sale, the chief accounting officer now owns 6,127 shares of the company’s stock, valued at approximately $1,777,810.32. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 16.40% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on AMR. Benchmark reissued a “hold” rating on shares of Alpha Metallurgical Resources in a research report on Tuesday, May 7th. B. Riley increased their price objective on shares of Alpha Metallurgical Resources from $374.00 to $375.00 and gave the stock a “buy” rating in a research note on Tuesday, May 7th.

Alpha Metallurgical Resources Trading Up 0.2 %

Shares of Alpha Metallurgical Resources stock traded up $0.67 during trading on Tuesday, hitting $294.60. 17,614 shares of the stock were exchanged, compared to its average volume of 219,960. The company has a fifty day moving average price of $312.83 and a 200-day moving average price of $337.96. The stock has a market capitalization of $3.83 billion, a price-to-earnings ratio of 7.12 and a beta of 1.33. Alpha Metallurgical Resources, Inc. has a 1-year low of $151.24 and a 1-year high of $452.00.

Alpha Metallurgical Resources (NYSE:AMR) last announced its quarterly earnings results on Monday, May 6th. The energy company reported $9.59 earnings per share for the quarter, missing analysts’ consensus estimates of $9.61 by ($0.02). The business had revenue of $864.07 million for the quarter, compared to analyst estimates of $845.35 million. Alpha Metallurgical Resources had a return on equity of 36.77% and a net margin of 16.89%. Alpha Metallurgical Resources’s quarterly revenue was down 5.2% compared to the same quarter last year. During the same period last year, the firm earned $17.01 EPS. Equities research analysts forecast that Alpha Metallurgical Resources, Inc. will post 28.91 EPS for the current fiscal year.

Alpha Metallurgical Resources Profile

Alpha Metallurgical Resources, Inc, a mining company, produces, processes, and sells met and thermal coal in Virginia and West Virginia. The company offers metallurgical coal products. It operates twenty-two active mines and nine coal preparation and load-out facilities. The company was formerly known as Contura Energy, Inc and changed its name to Alpha Metallurgical Resources, Inc in February 2021.