Kenneth S. Courtis, a director at Alpha Metallurgical Resources Inc. (NASDAQ: AMR), acquired 5,000 shares of the company’s common stock on Aug. 25 for a total of $1,082,664, according to regulatory filings.
The purchases were executed at weighted average prices of $216.22 and $216.97, with individual transaction prices ranging from $215.69 to $217.48. Courtis now holds a direct stake of 1,020,394 shares in the metallurgical coal producer.
AMR’s stock has gained nearly 11% over the past week, trading at $215.63 as of market close. The company’s market capitalization stands at approximately $2.73 billion. InvestingPro analysis suggests the stock may be undervalued relative to its fair value estimate.
Alpha Metallurgical reported a net loss of $0.96 per share in the second quarter of 2026, missing Wall Street expectations for a $0.32 per share profit. Revenue totaled $492.86 million, below the anticipated $577.23 million. The company cited storm damage to a terminal, weaker metallurgical coal pricing, and higher fuel and supply costs as contributing factors to the underperformance.
