BlackRock, Inc. added over 4 million shares of Alto Ingredients Inc. to its holdings on June 30, 2026. This purchase increases BlackRock’s total position to over 5.3 million shares. The world's largest asset manager now owns 6.90% of the specialty alcohols and renewable fuels producer.
BlackRock purchased the shares at a price of $5.70 each. Alto Ingredients maintains a substantial year-to-date gain despite a recent price decline. This investment follows a period of market reassessment regarding the company's valuation.