Alpha Metallurgical Director Buys $1.5M in Shares

Kenneth Courtis increases his stake in the coal mining company by 0.92%

Mar. 21, 2026 at 12:04pm

Got story updates? Submit your updates here. ›

Alpha Metallurgical Resources, Inc. (NYSE:AMR) Director Kenneth Courtis acquired 8,000 shares of the company's stock in a transaction on March 12th. The shares were purchased at an average price of $191.07, totaling approximately $1.53 million. This increased Courtis' direct holdings in the company to 874,537 shares, a 0.92% rise in his position.

Why it matters

Insider buying activity can signal a director's confidence in a company's future prospects. Courtis' purchase of $1.5 million in Alpha Metallurgical shares suggests he believes the stock is undervalued and has room to appreciate.

The details

The transaction was disclosed in a filing with the Securities and Exchange Commission. Alpha Metallurgical Resources, a leading producer of metallurgical coal, reported Q4 results that missed revenue forecasts, though earnings matched estimates. The company has a consensus 'Reduce' rating from analysts, with an average price target of $196.

  • The share purchase occurred on Thursday, March 12th.

The players

Kenneth Courtis

A director of Alpha Metallurgical Resources, Inc.

Alpha Metallurgical Resources, Inc.

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

Got photos? Submit your photos here. ›

What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident

What’s next

The judge in the case will decide on Tuesday whether or not to allow Walker Reed Quinn out on bail.

The takeaway

This case highlights growing concerns in the community about repeat offenders released on bail, raising questions about bail reform, public safety on SF streets, and if any special laws to govern autonomous vehicles in residential and commercial areas.