Alpha Metallurgical Resources Director Buys $2.7M in Stock

Insider purchase represents 1.78% increase in director's stake

Mar. 13, 2026 at 4:04pm

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Alpha Metallurgical Resources, Inc. (NYSE:AMR) Director Kenneth Courtis purchased 15,000 shares of the company's stock on March 10th for a total value of $2,727,600. This transaction increased Courtis' ownership stake in the metallurgical coal producer by 1.78% to a total of 856,537 shares valued at approximately $155.8 million.

Why it matters

Insider purchases can be a signal of confidence in a company's future prospects. This sizable transaction by a director suggests Alpha Metallurgical Resources may have a positive outlook, despite recent headwinds facing the coal industry.

The details

Courtis acquired the shares at an average price of $181.84 per share. Following the purchase, he now owns over 856,000 shares in the company, which has a current market capitalization of $2.39 billion. Alpha Metallurgical Resources is a leading producer of high-grade metallurgical coal, primarily serving the global steel industry.

  • The stock purchase was made on Tuesday, March 10th, 2026.

The players

Kenneth Courtis

A director of Alpha Metallurgical Resources, Inc.

Alpha Metallurgical Resources, Inc.

A leading producer of high-grade metallurgical coal, primarily serving the global steelmaking industry.

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The takeaway

This sizable insider purchase by an Alpha Metallurgical Resources director suggests the company may have a positive outlook, despite recent challenges in the coal industry. Insider transactions can provide valuable signals about a company's future prospects.