C John Wilder Sells 22,224 Shares of AleAnna (NASDAQ:ANNA) Stock

AleAnna Inc. (NASDAQ:ANNA) major shareholder C John Wilder sold 22,224 shares of the company’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $3.41, for a total transaction of $75,783.84. Following the transaction, the insider owned 30,423,324 shares in the company, valued at approximately $103,743,534.84. The trade was a 0.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

C John Wilder also recently made the following trade(s):

• On Friday, February 27th, C John Wilder sold 33,176 shares of AleAnna stock. The stock was sold at an average price of $3.36, for a total transaction of $111,471.36.
• On Tuesday, March 3rd, C John Wilder sold 91,373 shares of AleAnna stock. The stock was sold at an average price of $3.81, for a total transaction of $348,131.13.

AleAnna Trading Up 19.3%

Shares of NASDAQ ANNA opened at $3.84 on Friday. AleAnna Inc. has a fifty-two week low of $2.31 and a fifty-two week high of $18.30. The firm has a market capitalization of $255.95 million, a P/E ratio of 96.00 and a beta of -0.02. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.00 and a quick ratio of 2.00. The company’s 50 day simple moving average is $2.73 and its 200 day simple moving average is $3.36.

Institutional Trading of AleAnna

Several hedge funds have recently added to or reduced their stakes in ANNA. Carlson Capital L.P. grew its stake in AleAnna by 7.0% in the fourth quarter. Carlson Capital L.P. now owns 92,000 shares of the company’s stock valued at $265,000 after acquiring an additional 6,000 shares during the period. Keel Point LLC bought a new position in shares of AleAnna during the 2nd quarter valued at about $79,000. NewGen Equity Long Short Fund bought a new position in shares of AleAnna during the 2nd quarter valued at about $204,000. Finally, Goldman Sachs Group Inc. acquired a new position in shares of AleAnna in the 1st quarter valued at approximately $94,000. Institutional investors and hedge funds own 38.10% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of AleAnna in a research report on Wednesday, January 21st. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Sell”.

About AleAnna

AleAnna, Inc engages in oil and gas exploration and production activities. It focuses on Italy’s natural gas reserves and developing renewable energy solutions. The company was founded in 2007 and is headquartered in Dallas, TX.