Insider Selling: Constellium (NYSE:CSTM) Insider Sells 50,000 Shares of Stock

Constellium SE (NYSE:CSTM) insider Philippe Hoffmann sold 50,000 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $31.92, for a total transaction of $1,596,000.00. Following the completion of the sale, the insider owned 144,153 shares in the company, valued at $4,601,363.76. The trade was a 25.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Philippe Hoffmann also recently made the following trade(s):

• On Tuesday, March 10th, Philippe Hoffmann sold 4,728 shares of Constellium stock. The shares were sold at an average price of $25.87, for a total transaction of $122,313.36.
• On Wednesday, March 4th, Philippe Hoffmann sold 80,000 shares of Constellium stock. The shares were sold at an average price of $26.45, for a total transaction of $2,116,000.00.

Constellium Price Performance

Shares of Constellium stock traded up $2.22 on Tuesday, hitting $33.06. The company had a trading volume of 1,246,240 shares, compared to its average volume of 2,217,386. The business has a 50-day simple moving average of $27.02 and a 200-day simple moving average of $21.94. The company has a debt-to-equity ratio of 1.71, a current ratio of 1.39 and a quick ratio of 0.60. The company has a market cap of $4.50 billion, a PE ratio of 10.70 and a beta of 1.54. Constellium SE has a 52 week low of $10.71 and a 52 week high of $33.69.

Constellium (NYSE:CSTM) last posted its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $1.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.62 by $0.80. The business 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 revenue was up 24.4% on a year-over-year basis. During the same period last year, the firm posted $0.26 earnings per share. Research analysts expect that Constellium SE will post 2.85 EPS for the current fiscal year.

Constellium declared that its board has initiated a stock repurchase 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 repurchase up to 8.8% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s board of directors believes its stock is undervalued.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on CSTM shares. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $40.00 price objective on shares of Constellium in a report on Thursday, April 30th. Wells Fargo & Company raised their target price on shares of Constellium from $35.00 to $39.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. UBS Group began coverage on shares of Constellium in a report on Tuesday. They set a “buy” rating and a $38.00 target price for the company. BMO Capital Markets set a $32.00 target price on shares of Constellium and gave the stock an “outperform” rating in a report on Thursday, April 9th. Finally, Zacks Research cut shares of Constellium from a “strong-buy” rating to a “hold” rating in a report on Monday, April 13th. Four analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, Constellium currently has a consensus rating of “Moderate Buy” and a consensus price target of $36.60.

Institutional Investors Weigh In On Constellium

A number of institutional investors have recently modified their holdings of the stock. Ethic Inc. boosted its stake in shares of Constellium by 1.6% during the 4th quarter. Ethic Inc. now owns 29,283 shares of the industrial products company’s stock valued at $552,000 after buying an additional 456 shares during the period. Mackenzie Financial Corp boosted its stake in shares of Constellium by 0.4% during the 4th quarter. Mackenzie Financial Corp now owns 132,642 shares of the industrial products company’s stock valued at $2,511,000 after buying an additional 512 shares during the period. Moran Wealth Management LLC boosted its stake in shares of Constellium by 6.7% during the 1st quarter. Moran Wealth Management LLC now owns 11,025 shares of the industrial products company’s stock valued at $271,000 after buying an additional 692 shares during the period. GAMMA Investing LLC boosted its stake in shares of Constellium by 29.7% during the 4th quarter. GAMMA Investing LLC now owns 3,089 shares of the industrial products company’s stock valued at $58,000 after buying an additional 707 shares during the period. Finally, Allworth Financial LP boosted its stake in shares of Constellium by 52.5% during the 4th quarter. Allworth Financial LP now owns 2,074 shares of the industrial products company’s stock valued at $39,000 after buying an additional 714 shares during the period. Institutional investors and hedge funds own 92.59% of the company’s stock.

Key Constellium News

Here are the key news stories impacting Constellium this week:

• Positive Sentiment: Strong quarter: Constellium reported a sizable earnings and revenue beat for the latest quarter, with accelerating revenue growth and improved margins — a core reason investors are bidding the stock higher. Seeking Alpha Quarter Coverage
• Positive Sentiment: Sector momentum: Industry commentary says Constellium’s growth story is gaining traction within the global aluminum market (demand/price environment benefits), supporting upside potential. Kalkine Media: Growth Story
• Positive Sentiment: Capital returns & analyst support: The board’s $300M buyback authorization and several broker upgrades/raised targets are driving positive sentiment and imply management confidence in the outlook. MarketBeat: Analyst Notes & Buyback
• Neutral Sentiment: Minor insider buy: A director made a modest purchase (~$41k), which is supportive but small relative to company float. AmericanBankingNews: Director Buy
• Negative Sentiment: Large insider sales: Senior VP Philip Ryan Jurkovic sold ~48,784 shares (~$1.56M) and another insider (Stephane Corre) sold 5,000 shares — sizable disposals that can weigh on sentiment and be interpreted as insiders taking profits. AmericanBankingNews: Jurkovic Sale InsiderTrades: Corre Sale
• Negative Sentiment: Seeking Alpha: Sustainability Caveat

About Constellium

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.