Alto Ingredients (ALTO) Insider Robert Buys 23,605 Shares

Tank Alan Robert made a notable move by purchasing 23,605 shares of Alto Ingredients, Inc. (NasdaqCM: ALTO) on June 23, 2026. This insider transaction adds to the recent activity around the company.

Insider Buying and Selling at Alto Ingredients, Inc.

On June 23, 2026, several insiders engaged in buying shares of Alto Ingredients. Nathan Gilbert purchased 31,652 shares, while Maria Gray, Dianne Nury, and Tank Alan Robert each bought 23,605 shares. These transactions were not planned under Rule 10b5-1. Earlier, on May 13, 2026, Nathan Gilbert also acquired 5,000 shares at $4.45 each. In contrast, Graham Auste, the company's Chief Legal Officer and Secretary, sold 20,000 shares on May 14, 2026.

Other Institutional Activity in Alto Ingredients

Marshall Wace LLP significantly increased its stake in Alto Ingredients by adding 2,183,218 shares, totaling 3,337,356 shares valued at approximately $16.15 million, a 189.2% increase. Vanguard Capital Management LLC opened a new position with 3,180,211 shares worth about $15.39 million. Two Sigma Investments LP grew its holdings by 1,167,286 shares, ending with 2,006,760 shares valued at $9.71 million, marking a 139% increase. Millennium Management LLC also boosted its position by 1,546,477 shares to 1,915,990 shares, valued at $9.27 million, a 418.5% increase. Arrowstreet Capital added 723,996 shares, bringing its total to 1,790,263 shares worth approximately $8.66 million, reflecting a 67.9% increase.

Alto Ingredients, Inc. Stock Up 24.8%

Shares of Alto Ingredients, Inc. traded near $4.99 on Friday. The company, listed on NasdaqCM under the ticker ALTO, has a market capitalization of about $385.9 million. It holds a P/E ratio of 13.46 and a forward P/E of 8.16, with a beta of 0.143. The stock has seen a 52-week low of $0.92 and a high of $6.00. The 50-day moving average is $5.16, while the 200-day moving average stands at $3.16. Alto Ingredients maintains a strong current ratio of 3.81 and a quick ratio of 2.20, with a debt-to-equity ratio of 36.53.

Analysts Set New Price Targets

On May 7, 2026, HC Wainwright & Co. maintained its buy rating on Alto Ingredients, Inc., setting a price target of $10. The stock has a consensus rating of "strong buy" with an average target price of $9.00, based on opinions from two analysts.

About Alto Ingredients, Inc.

Alto Ingredients, Inc., headquartered in Pekin, Illinois, operates within the Basic Materials sector, specifically in the Specialty Chemicals industry. The company produces, distributes, and markets specialty alcohols and renewable fuels. Its products serve various markets, including health, home, beauty, and agriculture. Founded in 2003, the company has 390 employees and is led by CEO Mr. Bryon T. McGregor.

Bottom Line

Insider buying activity at Alto Ingredients, Inc. suggests confidence in the company's prospects. The stock, trading under the ticker ALTO, presents a potentially attractive opportunity given its recent institutional interest and strong analyst ratings. Investors often watch such insider transactions for signals about a company's future performance, although these actions do not guarantee future stock movements.