Brian K. Ferraioli Purchases 5,000 Shares of Atlas Technical Consultants, Inc. (NASDAQ:ATCX) Stock

Atlas Technical Consultants, Inc. (NASDAQ:ATCX) Director Brian K. Ferraioli acquired 5,000 shares of Atlas Technical Consultants stock in a transaction dated Monday, September 13th. The stock was bought at an average price of $9.65 per share, for a total transaction of $48,250.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Atlas Technical Consultants stock opened at $9.91 on Friday. Atlas Technical Consultants, Inc. has a 1-year low of $4.95 and a 1-year high of $15.40. The stock has a market cap of $366.40 million, a PE ratio of -7.45 and a beta of 0.37. The stock’s fifty day moving average is $10.52 and its two-hundred day moving average is $10.38.

Atlas Technical Consultants (NASDAQ:ATCX) last posted its quarterly earnings results on Sunday, August 15th. The company reported $0.01 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.17 by ($0.16). Atlas Technical Consultants had a negative net margin of 0.34% and a negative return on equity of 18.40%. As a group, analysts anticipate that Atlas Technical Consultants, Inc. will post 0.4 earnings per share for the current year.

ATCX has been the topic of several analyst reports. Zacks Investment Research cut Atlas Technical Consultants from a “hold” rating to a “sell” rating in a research note on Friday, August 20th. Lake Street Capital raised their price target on Atlas Technical Consultants from $15.00 to $18.00 and gave the company a “buy” rating in a research note on Tuesday, August 17th.

A number of institutional investors have recently bought and sold shares of the business. Russell Investments Group Ltd. purchased a new position in shares of Atlas Technical Consultants during the first quarter worth about $1,375,000. Geode Capital Management LLC purchased a new position in shares of Atlas Technical Consultants during the first quarter worth about $482,000. Northern Trust Corp grew its holdings in shares of Atlas Technical Consultants by 17.0% during the first quarter. Northern Trust Corp now owns 13,455 shares of the company’s stock worth $137,000 after purchasing an additional 1,957 shares during the last quarter. Stifel Financial Corp purchased a new position in shares of Atlas Technical Consultants during the first quarter worth about $117,000. Finally, Goldman Sachs Group Inc. purchased a new position in shares of Atlas Technical Consultants during the first quarter worth about $117,000. Institutional investors own 22.43% of the company’s stock.

Atlas Technical Consultants Company Profile

Atlas Technical Consultants, Inc provides professional testing, inspection, engineering, environmental, and program management and consulting services in the United States. The company provides a range of technical services, helping its clients test, inspect, plan, design, certify, and manage various projects across various end markets.

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Insider Buying and Selling by Quarter for Atlas Technical Consultants (NASDAQ:ATCX)

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