Alpha Metallurgical Resources, Inc. (NYSE:AMR) Stock Holdings Trimmed by Yousif Capital Management LLC

Yousif Capital Management LLC lowered its position in shares of Alpha Metallurgical Resources, Inc. (NYSE:AMR) by 2.0% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,038 shares of the energy company’s stock after selling 82 shares during the quarter. Yousif Capital Management LLC’s holdings in Alpha Metallurgical Resources were worth $808,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of AMR. GAMMA Investing LLC boosted its position in shares of Alpha Metallurgical Resources by 124.6% during the third quarter. GAMMA Investing LLC now owns 137 shares of the energy company’s stock worth $32,000 after buying an additional 76 shares during the period. Creative Planning lifted its stake in shares of Alpha Metallurgical Resources by 17.6% in the 3rd quarter. Creative Planning now owns 1,798 shares of the energy company’s stock worth $425,000 after acquiring an additional 269 shares during the period. nVerses Capital LLC bought a new position in shares of Alpha Metallurgical Resources in the third quarter valued at approximately $189,000. Stratos Wealth Advisors LLC increased its stake in shares of Alpha Metallurgical Resources by 50.3% during the third quarter. Stratos Wealth Advisors LLC now owns 9,878 shares of the energy company’s stock valued at $2,333,000 after acquiring an additional 3,305 shares during the period. Finally, Blue Trust Inc. raised its holdings in Alpha Metallurgical Resources by 69.5% during the third quarter. Blue Trust Inc. now owns 1,722 shares of the energy company’s stock worth $407,000 after purchasing an additional 706 shares in the last quarter. 84.29% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Alpha Metallurgical Resources

In other Alpha Metallurgical Resources news, Director Kenneth S. Courtis sold 10,621 shares of the company’s stock in a transaction that occurred on Friday, December 13th. The shares were sold at an average price of $228.73, for a total value of $2,429,341.33. Following the transaction, the director now owns 603,342 shares in the company, valued at approximately $138,002,415.66. This represents a 1.73 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 15.00% of the stock is owned by insiders.

Alpha Metallurgical Resources Trading Down 8.7 %

Shares of AMR opened at $168.48 on Friday. The business’s 50-day moving average price is $196.18 and its 200 day moving average price is $217.50. The stock has a market capitalization of $2.19 billion, a P/E ratio of 6.18 and a beta of 1.43. Alpha Metallurgical Resources, Inc. has a 1-year low of $168.04 and a 1-year high of $452.00.

Wall Street Analyst Weigh In

Separately, Benchmark reiterated a “hold” rating on shares of Alpha Metallurgical Resources in a research report on Monday, November 4th.

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.