Alto Ingredients director Gilbert Nathan buys $207,500 stock
Alto Ingredients CEO Gilbert Nathan acquired 50,000 shares of the company's stock on August 11, 2026, valuing the transactions at $207,500. The shares were purchased at a weighted average price of $4.15 each, with individual purchase prices fluctuating between $4.13 and $4.1599. This move occurred amidst a significant stock price drop, as the shares are currently trading at $4.06, marking a roughly 10% decrease over the past week.
However, the stock has shown impressive growth, increasing by 283% over the previous year. Financial analysis suggests Alto Ingredients is undervalued, earning a strong financial health score of 3.02. As a result of these transactions, Nathan now owns a total of 856,393 shares of Alto Ingredients common stock, with an additional 31,200 shares indirectly held by his spouse.
For investors looking for more detailed analysis, InvestingPro offers a comprehensive Pro Research Report on Alto Ingredients, along with 11 additional ProTips. Recently, Alto Ingredients reported impressive second-quarter 2026 results, surpassing Wall Street estimates with earnings of $0.15 per share on $245.7 million in revenue.
This strong performance, characterized by a 12.5% year-over-year revenue increase, was driven by higher ethanol prices and improved capacity utilization. The company also achieved a notable gross profit of $16.6 million, marking four consecutive quarters of positive financial metrics. Despite these positive results, the stock price has seen a decline.
H.C. Wainwright has reaffirmed its Buy rating on Alto Ingredients, setting a price target of $10.00.
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