Universal Stainless & AlloyUSAP
USAP
About: Universal Stainless & Alloy Products Inc manufactures and markets semi-finished and finished specialty steel products, including stainless steel, nickel alloys, tool steel, and certain other alloyed steels. The company along with its subsidiaries involves melting, remelting, heat treating, hot and cold rolling, forging, machining and cold drawing of semi-finished and finished specialty steels. Its products are sold to service centers, forgers, rerollers, and original equipment manufacturers.
Employees: 678
0
Funds holding %
of 6,823 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
173% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 11
100% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 2 (+1) [Q3]
75% more call options, than puts
Call options by funds: $919K | Put options by funds: $526K
49% more capital invested
Capital invested by funds: $168M [Q2] → $251M (+$83M) [Q3]
21% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 33
17% more funds holding
Funds holding: 98 [Q2] → 115 (+17) [Q3]
3.63% more ownership
Funds ownership: 66.75% [Q2] → 70.37% (+3.63%) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for USAP.
Financial journalist opinion
Based on 3 articles about USAP published over the past 30 days
Neutral
GlobeNewsWire
4 days ago
Universal Stainless Stockholders Approve Acquisition by Aperam
BRIDGEVILLE, Pa., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq:USAP) (“Universal” or the “Company”) today announced that its stockholders have voted at a special meeting of Universal stockholders (the “Special Meeting”) to approve the Company's pending acquisition by Aperam S.A. Under the terms of the merger agreement governing the proposed acquisition, Universal stockholders are entitled to receive $45.00 per share in cash for every share of Universal common stock they own immediately prior to the effective time of the merger.
Neutral
GlobeNewsWire
2 weeks ago
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates USAP and PDCO on Behalf of Shareholders
NEW YORK, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
Neutral
Business Wire
3 weeks ago
USAP Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Universal Stainless & Alloy Products, Inc. Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Universal Stainless & Alloy Products, Inc. (NASDAQ: USAP) to Aperam for $45.00 per share in cash is fair to Universal shareholders. Halper Sadeh encourages Universal shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns.
Neutral
GlobeNewsWire
1 month ago
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates NAPA and USAP on Behalf of Shareholders
NEW YORK, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
Positive
Zacks Investment Research
1 month ago
4 Steel Stocks That Have Gained More Than 30% in 2024 Amid Price Slump
While 2024 brought significant hurdles for the steel industry, CRS, USAP, FSTR and WS showed remarkable resilience and delivered solid returns on the bourses.
Neutral
Business Wire
1 month ago
UNIVERSAL STAINLESS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Universal Stainless & Alloy Products, Inc. - USAP
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Universal Stainless & Alloy Products, Inc. (NasdaqGS: USAP) to Aperam. Under the terms of the proposed transaction, shareholders of Universal will receive $45.00 in cash for each share of Universal that they own. KSF is seeking to determine whether this consideration and the process that led to it are adeq.
Neutral
GlobeNewsWire
2 months ago
USAP Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Sale of Universal Stainless & Alloy Products to Aperam
MONSEY, N.Y., Oct. 31, 2024 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed sale of Universal Stainless & Alloy Products (Nasdaq: USAP) (“Universal”) to Aperam for $45.00 per share in cash.
Neutral
GlobeNewsWire
2 months ago
Universal Stainless Reports Record Sales and Net Income in Third Quarter of 2024
BRIDGEVILLE, Pa., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today reported record net sales of $87.3 million for the third quarter of 2024, an increase of 5% from the second quarter of 2024, and up 22% from the third quarter of 2023. Year-to-date net sales of $247.6 million were up 20% from the same period in 2023.
Neutral
PRNewsWire
2 months ago
SHAREHOLDER INVESTIGATION: The M&A Class Action Firm Investigates the Merger of Universal Stainless & Alloy Products Inc. - USAP
NEW YORK , Oct. 24, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Universal Stainless & Alloy Products Inc. (Nasdaq: USAP ), relating to its proposed merger with Aperam US Absolute LLC.
Neutral
GlobeNewsWire
2 months ago
SHAREHOLDER INVESTIGATION: The M&A Class Action Firm Investigates the Merger of Universal Stainless & Alloy Products Inc. – USAP
NEW YORK, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Universal Stainless & Alloy Products Inc. ( Nasdaq: USAP ), relating to its proposed merger with Aperam US Absolute LLC. Under the terms of the agreement, all USAP shares will be automatically converted into the right to receive $45.00 per share.
Charts implemented using Lightweight Charts™