Priya Jain Acquires 3,000 Shares of Atlas Technical Consultants, Inc. (NASDAQ:ATCX) Stock
Atlas Technical Consultants, Inc. (NASDAQ:ATCX – Get Rating) insider Priya Jain acquired 3,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 8th. The shares were bought at an average price of $7.88 per share, for a total transaction of $23,640.00. Following the completion of the purchase, the insider now owns 35,644 shares of the company’s stock, valued at $280,874.72. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
Atlas Technical Consultants stock traded down $0.20 during midday trading on Wednesday, hitting $7.83. The company’s stock had a trading volume of 104,495 shares, compared to its average volume of 156,429. The stock’s 50-day moving average price is $10.66 and its 200-day moving average price is $10.10. Atlas Technical Consultants, Inc. has a 12 month low of $7.50 and a 12 month high of $15.40.
Atlas Technical Consultants (NASDAQ:ATCX – Get Rating) last issued its quarterly earnings results on Tuesday, May 10th. The company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.03 by ($0.01). Atlas Technical Consultants had a negative return on equity of 7.70% and a negative net margin of 3.25%. The business had revenue of $135.19 million during the quarter, compared to the consensus estimate of $137.80 million. On average, equities analysts predict that Atlas Technical Consultants, Inc. will post 0.29 EPS for the current fiscal year.
A number of equities research analysts recently weighed in on ATCX shares. Stifel Nicolaus lifted their price objective on shares of Atlas Technical Consultants from $13.00 to $16.00 and gave the company a “buy” rating in a research note on Thursday, March 17th. Zacks Investment Research cut shares of Atlas Technical Consultants from a “buy” rating to a “hold” rating in a research note on Tuesday, May 17th.
A number of institutional investors have recently modified their holdings of ATCX. Royal Bank of Canada raised its position in Atlas Technical Consultants by 167.2% in the third quarter. Royal Bank of Canada now owns 2,464 shares of the company’s stock worth $25,000 after acquiring an additional 1,542 shares in the last quarter. Advisor Group Holdings Inc. bought a new stake in Atlas Technical Consultants in the third quarter worth about $42,000. Penserra Capital Management LLC bought a new stake in Atlas Technical Consultants in the third quarter worth about $45,000. Wells Fargo & Company MN raised its position in Atlas Technical Consultants by 35.6% in the second quarter. Wells Fargo & Company MN now owns 5,774 shares of the company’s stock worth $56,000 after acquiring an additional 1,517 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC bought a new stake in Atlas Technical Consultants in the first quarter worth about $67,000. Hedge funds and other institutional investors own 21.53% of the company’s stock.
About Atlas Technical Consultants (Get Rating)
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 that helps its clients test, inspect, plan, design, certify, and manage various projects across various end markets.
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