Constellium (NYSE:CSTM) SVP Sells $773,513.00 in Stock

Key Points

• Constellium SVP Philip Ryan Jurkovic sold 29,900 shares on March 10 at an average price of $25.87 for proceeds of $773,513, cutting his stake by 12.43% to 210,723 shares (≈$5.45M).
• The company reported $0.80 EPS (vs. $0.36 expected) and $2.20B in revenue—a 27.9% year-over-year increase—indicating a strong quarterly beat and improving results.
• Several analysts raised targets and ratings, leaving a consensus Buy rating with an average price target of $29.00.

Constellium SE (NYSE:CSTM - Get Free Report) SVP Philip Ryan Jurkovic sold 29,900 shares of the business's stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $25.87, for a total value of $773,513.00. Following the sale, the senior vice president owned 210,723 shares of the company's stock, valued at approximately $5,451,404.01. This represents a 12.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Constellium Stock Performance

CSTM opened at $25.43 on Wednesday. The company's 50 day moving average is $23.39 and its 200 day moving average is $18.64. The company has a current ratio of 1.29, a quick ratio of 0.51 and a debt-to-equity ratio of 1.96. The company has a market cap of $3.43 billion, a price-to-earnings ratio of 13.18 and a beta of 1.48. Constellium SE has a 12-month low of $7.32 and a 12-month high of $27.41.

Constellium (NYSE:CSTM - Get Free Report) last announced its earnings results on Wednesday, February 18th. The industrial products company reported $0.80 EPS for the quarter, beating analysts' consensus estimates of $0.36 by $0.44. Constellium had a net margin of 3.23% and a return on equity of 32.14%. The business had revenue of $2.20 billion during the quarter, compared to analysts' expectations of $2.05 billion. During the same period in the prior year, the company earned ($0.34) earnings per share. The firm's revenue was up 27.9% on a year-over-year basis. On average, equities research analysts predict that Constellium SE will post 1.1 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. BMO Capital Markets increased their target price on shares of Constellium from $25.00 to $30.00 and gave the stock an "outperform" rating in a report on Wednesday, February 18th. Zacks Research upgraded Constellium from a "hold" rating to a "strong-buy" rating in a research report on Friday, February 20th. Weiss Ratings reiterated a "hold (c)" rating on shares of Constellium in a research report on Monday, December 29th. JPMorgan Chase & Co. lifted their target price on Constellium from $26.00 to $29.00 and gave the stock an "overweight" rating in a report on Thursday, February 19th. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on shares of Constellium from $25.00 to $28.00 and gave the stock a "buy" rating in a research note on Thursday, February 19th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and an average target price of $29.00.

Institutional Trading of Constellium

A number of hedge funds have recently added to or reduced their stakes in the business. Hsbc Holdings PLC lifted its stake in shares of Constellium by 28.2% during the 4th quarter. Hsbc Holdings PLC now owns 73,436 shares of the industrial products company's stock worth $1,382,000 after purchasing an additional 16,164 shares during the last quarter. Invesco Ltd. lifted its stake in shares of Constellium by 16.2% during the fourth quarter. Invesco Ltd. now owns 164,654 shares of the industrial products company's stock worth $3,104,000 after buying an additional 22,942 shares during the period. Mercer Global Advisors Inc. ADV lifted its position in Constellium by 46.9% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 35,277 shares of the industrial products company's stock worth $665,000 after acquiring an additional 11,267 shares during the period. EP Wealth Advisors LLC acquired a new stake in shares of Constellium during the fourth quarter worth about $321,000. Finally, Mackenzie Financial Corp lifted its stake in 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 acquiring an additional 512 shares during the period. 92.59% of the stock is owned by hedge funds and other institutional investors.

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.

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