Constellium (NYSE:CSTM) Insider Sells $160,200.00 in Stock

Constellium SE (NYSE:CSTM) insider Stephane Corre sold 5,000 shares of Constellium stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $32.04, for a total value of $160,200.00. Following the completion of the sale, the insider directly owned 67,313 shares in the company, valued at $2,156,708.52. This represents a 6.91% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Stephane Corre also recently made the following trade(s):

• On Tuesday, March 10th, Stephane Corre sold 1,500 shares of Constellium stock. The stock was sold at an average price of $25.89, for a total value of $38,835.00.
• On Friday, February 27th, Stephane Corre sold 3,000 shares of Constellium stock. The stock was sold at an average price of $24.69, for a total value of $74,070.00.
• On Wednesday, February 25th, Stephane Corre sold 3,200 shares of Constellium stock. The shares were sold at an average price of $25.71, for a total value of $82,272.00.

Constellium Trading Up 1.3%

NYSE CSTM opened at $33.40 on Thursday. Constellium SE has a 52 week low of $10.71 and a 52 week high of $33.86. The company has a debt-to-equity ratio of 1.71, a quick ratio of 0.60 and a current ratio of 1.39. The stock’s 50 day moving average price is $27.34 and its two-hundred day moving average price is $22.18. The stock has a market capitalization of $4.55 billion, a price-to-earnings ratio of 10.81 and a beta of 1.54.

Constellium (NYSE:CSTM) last issued its quarterly earnings results on Wednesday, April 29th. The industrial products company reported $1.42 earnings per share for the quarter, topping the consensus estimate of $0.62 by $0.80. The company had revenue of $2.46 billion during the quarter, compared to analysts’ expectations of $2.43 billion. Constellium had a net margin of 4.87% and a return on equity of 46.22%. The business’s quarterly revenue was up 24.4% on a year-over-year basis. During the same period last year, the business earned $0.26 EPS. As a group, analysts anticipate that Constellium SE will post 2.85 earnings per share for the current fiscal year.

Constellium declared that its Board of Directors has authorized a stock buyback plan on Thursday, March 12th that authorizes the company to repurchase $300.00 million in shares. This repurchase authorization authorizes the industrial products company to buy up to 8.8% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s board of directors believes its shares are undervalued.

Trending Headlines about Constellium

Here are the key news stories impacting Constellium this week:

• Positive Sentiment: Q1 results, buyback and potential Airbus/aircraft ramp — Constellium reported a large EPS beat and revenue growth, and the board authorized a $300M repurchase plan; coverage notes that an Airbus/aircraft demand upswing could materially boost earnings and returns. Article Title
• Positive Sentiment: UBS starts coverage with a Buy — UBS initiated coverage on Constellium with a Buy rating and a constructive price target, which can attract institutional flows and support valuation expansion. Article Title
• Positive Sentiment: Sector/analyst momentum — Coverage pieces (Kalkine, MarketBeat, Deutsche Bank, Wells Fargo, BMO) highlight improving aluminum cycle dynamics and several broker price?target increases, reinforcing upside expectations. Article Title
• Neutral Sentiment: Durability questions remain — analysis cautions that investors should watch margin sustainability and free cash flow conversion; the strong quarter improves the setup but proof of consistent cash generation is required. Article Title
• Negative Sentiment: Large insider sale — Philippe Hoffmann sold 50,000 shares (~$1.6M) at ~ $31.92, reducing his stake by ~25.8%; some investors treat large insider sales as a negative signal. Article Title
• Negative Sentiment: Additional insider disposals — Other senior insiders (SVP Philip Jurkovic and Stephane Corre) also sold shares in the same window, which could temper sentiment despite operational positives. Article Title Article Title

Institutional Trading of Constellium

Institutional investors and hedge funds have recently bought and sold shares of the business. Royal Bank of Canada lifted its position in shares of Constellium by 5.3% in the first quarter. Royal Bank of Canada now owns 72,526 shares of the industrial products company’s stock valued at $732,000 after buying an additional 3,629 shares during the last quarter. AQR Capital Management LLC increased its holdings in shares of Constellium by 354.0% during the 1st quarter. AQR Capital Management LLC now owns 91,566 shares of the industrial products company’s stock worth $924,000 after acquiring an additional 71,396 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Constellium by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 77,021 shares of the industrial products company’s stock valued at $777,000 after acquiring an additional 3,393 shares during the period. Prudential Financial Inc. bought a new stake in Constellium in the 2nd quarter valued at $218,000. Finally, Norges Bank bought a new stake in Constellium in the 2nd quarter valued at $1,499,000. Institutional investors own 92.59% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $40.00 price target on shares of Constellium in a research report on Thursday, April 30th. JPMorgan Chase & Co. reiterated a “neutral” rating and set a $34.00 price objective (up from $30.00) on shares of Constellium in a research note on Thursday, April 30th. BMO Capital Markets set a $32.00 target price on shares of Constellium and gave the company an “outperform” rating in a research note on Thursday, April 9th. Zacks Research downgraded shares of Constellium from a “strong-buy” rating to a “hold” rating in a report on Monday, April 13th. Finally, Wells Fargo & Company upped their price target on shares of Constellium from $35.00 to $39.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. Four equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $36.60.

Constellium Company Profile

Constellium SE is a global leader in the design and manufacture of high-performance aluminum products and solutions. The company serves key markets including aerospace, automotive, and packaging, offering advanced rolled and extruded aluminum sheet, plate and structural components. Its product portfolio encompasses precision-engineered parts for commercial and military aircraft, automotive body structures and closures, beverage and specialty packaging, as well as industrial and structural applications.

Established in 2011 through the consolidation of Rio Tinto Alcan’s rolled-products and engineered-products businesses, Constellium has built a reputation for innovation in lightweighting and sustainability.