Insider Trading March 5, 2026

Alpha Metallurgical CFO Disposes $462K in Shares Amid Earnings Shortfall and Margin Pressure

Joshua Todd Munsey sold 2,523 shares on March 4, 2026 as the company reports Q4 2025 misses and analysts lower forecasts

By Hana Yamamoto AMR
Alpha Metallurgical CFO Disposes $462K in Shares Amid Earnings Shortfall and Margin Pressure
AMR

Alpha Metallurgical Resources Chief Financial Officer Joshua Todd Munsey sold 2,523 shares on March 4, 2026 for $183.24 per share, generating $462,314 in proceeds. The move comes as the stock has weakened and the company posted disappointing fourth-quarter 2025 results, prompting analyst caution and signaling persistent cost and margin pressures in the coal sector.

Key Points

  • Alpha Metallurgical Resources CFO Joshua Todd Munsey sold 2,523 shares on March 4, 2026 at $183.24 per share, totaling $462,314; he now holds 4,735 shares.
  • The company’s stock has declined to $169.05 from a prior close of $182.69, with a current market capitalization of $2.17 billion.
  • Alpha Metallurgical reported Q4 2025 EPS of -$1.34 and revenue of $520.47 million, missing analyst forecasts and prompting analysts to maintain or lower guidance amid margin pressure.

Alpha Metallurgical Resources (NASDAQ:AMR) Chief Financial Officer Joshua Todd Munsey sold 2,523 shares of company stock on March 4, 2026, according to an SEC filing. The shares were transacted at $183.24 apiece, producing gross proceeds of $462,314.

Following the sale, Munsey holds 4,735 shares of Alpha Metallurgical Resources directly. The stock has moved lower in recent trading, dropping to $169.05 from a prior close of $182.69. The company still carries a market capitalization of $2.17 billion.

Independent platform InvestingPro flags the stock as appearing undervalued at current levels and notes that it offers 11 additional ProTips for AMR to provide deeper analysis of the company’s financial position and outlook.


Alpha Metallurgical Resources recently released its fourth-quarter 2025 results, which missed analyst expectations. The company reported an adjusted loss per share of $1.34, well below the anticipated loss of $0.07 per share. Revenue for the quarter was $520.47 million, short of the forecasted $550.72 million.

Analyst responses have reflected the results. Jefferies lowered its price target on Alpha Metallurgical Resources from $205 to $185, citing pressures on coal margins, while keeping a Hold rating. Benchmark also maintained a Hold rating after the company reported adjusted EBITDA of $28 million, which fell short of Benchmark’s estimate of $39 million. Benchmark attributed the shortfall to higher total costs per ton.

These developments underscore the challenging operating environment Alpha Metallurgical Resources is navigating in the coal industry, with a combination of weaker-than-expected top-line performance and margin compression driven by rising unit costs.


Investors will likely weigh the insider sale alongside the firm’s recent financial misses and the analyst commentary. The filing documents the precise size and timing of the CFO’s sale and the company-reported metrics that preceded analyst adjustments. Where the stock goes next will depend on how effectively management responds to the cost pressures and how market participants interpret the balance between valuation and near-term operational headwinds.

Because public filings and analyst notes form the basis for the facts presented here, the record is limited to the figures and statements disclosed in those sources.

Risks

  • Continued margin pressure in the coal sector, as highlighted by analyst commentary and Jefferies’ price-target cut - this affects energy and materials market participants.
  • Higher total costs per ton contributed to adjusted EBITDA falling to $28 million versus an expected $39 million, representing execution and cost-risk for the company and suppliers.
  • Earnings and revenue misses increase near-term uncertainty for equity investors and may weigh on market sentiment for related mining and coal-exposed businesses.

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