Goehring & Rozencwajg Associates LLC Has $14.96 Million Stock Holdings in Alpha Metallurgical Resources, Inc. (NYSE:AMR)

Goehring & Rozencwajg Associates LLC lessened its holdings in Alpha Metallurgical Resources, Inc. (NYSE:AMR) by 2.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 71,800 shares of the energy company’s stock after selling 2,177 shares during the period. Alpha Metallurgical Resources comprises 3.0% of Goehring & Rozencwajg Associates LLC’s holdings, making the stock its 10th biggest holding. Goehring & Rozencwajg Associates LLC owned approximately 0.55% of Alpha Metallurgical Resources worth $14,957,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Pacer Advisors Inc. grew its holdings in shares of Alpha Metallurgical Resources by 30.2% during the 3rd quarter. Pacer Advisors Inc. now owns 798,584 shares of the energy company’s stock valued at $188,610,000 after purchasing an additional 185,376 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Alpha Metallurgical Resources by 4.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 162,883 shares of the energy company’s stock worth $38,470,000 after buying an additional 7,241 shares during the last quarter. Wellington Management Group LLP increased its holdings in shares of Alpha Metallurgical Resources by 26.5% during the third quarter. Wellington Management Group LLP now owns 48,515 shares of the energy company’s stock worth $11,458,000 after buying an additional 10,161 shares in the last quarter. Barclays PLC boosted its holdings in shares of Alpha Metallurgical Resources by 309.2% during the 3rd quarter. Barclays PLC now owns 18,646 shares of the energy company’s stock valued at $4,402,000 after acquiring an additional 14,089 shares in the last quarter. Finally, Franklin Resources Inc. grew its position in Alpha Metallurgical Resources by 4.6% during the 3rd quarter. Franklin Resources Inc. now owns 18,344 shares of the energy company’s stock worth $4,105,000 after acquiring an additional 802 shares during the last quarter. Institutional investors and hedge funds own 84.29% of the company’s stock.

Analyst Ratings Changes

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

Alpha Metallurgical Resources Price Performance

AMR opened at $178.40 on Friday. The company’s 50 day moving average price is $203.09 and its two-hundred day moving average price is $223.01. The firm has a market capitalization of $2.32 billion, a price-to-earnings ratio of 6.55 and a beta of 1.43. Alpha Metallurgical Resources, Inc. has a fifty-two week low of $173.55 and a fifty-two week high of $452.00.

Insider Buying and Selling

In other Alpha Metallurgical Resources news, Director Kenneth S. Courtis sold 10,621 shares of the company’s stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $228.73, for a total value of $2,429,341.33. Following the sale, the director now owns 603,342 shares in the company, valued at approximately $138,002,415.66. The trade was a 1.73 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 15.00% of the stock is currently owned by insiders.

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.