Andrew Michelmore Sells Shares of Century Aluminum
Andrew Michelmore sold 652 shares of Century Aluminum, valued at $35,566.60.
Key Points
- Andrew Michelmore sold 652 shares of Century Aluminum on June 15, 2026, for $35,566.60.
- Century Aluminum trades on the NasdaqGS under the ticker CENX, with a market cap of $5.3 billion and a P/E ratio of 15.9.
- Peers like State Street Corp added shares, while Glencore PLC reduced its position in Century Aluminum.
Andrew Michelmore sold 652 shares of Century Aluminum Company, valued at $35,566.60, on June 15, 2026. This transaction was not part of a pre-planned trading plan.
Insider Buying and Selling at Century Aluminum Company
On June 15, 2026, multiple insiders at Century Aluminum were active in the market. Andrew Michelmore sold 652 shares at an average price of $54.55. Other insiders like Olivier Tamla, Jennifer Mary Bush, Errol Glasser, and Jarl Berntzen each acquired 2,172 shares, with these transactions not being part of a pre-planned trading plan.
Other Institutional Activity in Century Aluminum
In recent movements, Glencore PLC reduced its holdings in Century Aluminum by 6,315,245 shares, ending with 29,690,702 shares valued at about $1.74 billion. BlackRock, Inc. also trimmed its position by 474,188 shares, holding 9,010,379 shares worth approximately $528.8 million. On the other hand, State Street Corp increased its stake by 371,829 shares, resulting in 4,667,540 shares with a value of $273.9 million. Meanwhile, Vanguard Portfolio Management LLC acquired 4,241,557 shares, all new, valued at $248.9 million.
Century Aluminum Stock Snapshot
Shares of Century Aluminum (NasdaqGS: CENX) traded near $53.55. The company has a market cap of about $5.3 billion, a P/E ratio of 15.9, and a forward P/E of 3.9. Its beta is 1.917, indicating higher volatility compared to the market. The stock's 52-week range is between $16.59 and $70.43, with a 50-day moving average of $62.14 and a 200-day moving average of $44.54. The company's current ratio is 2.303, and its quick ratio is 1.143, showing solid liquidity. The debt-to-equity ratio stands at 42.499.
Recent Earnings
Century Aluminum reported revenue of $2.54 billion, with a growth rate of 2.4%. The company's earnings per share (EPS) is $3.36. It has a net margin of 13.68% and a return on equity (ROE) of 32.26%. The next earnings report is expected on August 6, 2026.
Analysts Set New Price Targets
On May 8, 2026, Wells Fargo maintained its "buy" rating for Century Aluminum with a price target of $79. B. Riley Securities also maintained a "buy" rating with a target of $86 on April 7, 2026. The consensus among analysts is a "strong buy" with an average price target of $81.33 based on three opinions.
About Century Aluminum
Century Aluminum Company, headquartered in Chicago, Illinois, is a major player in the aluminum industry. It produces primary aluminum and alumina in the United States and Iceland. The company operates aluminum reduction facilities and a carbon anode production facility in the Netherlands. With about 2,906 employees, Century Aluminum is led by CEO Jesse E. Gary.
Bottom Line
Andrew Michelmore's recent sale of Century Aluminum shares provides insight into insider activity. Investors often watch such transactions to gauge company sentiment. With a strong market position, Century Aluminum continues to attract attention from both analysts and institutional investors. Remember, insider sales can be for various reasons and don't always indicate a lack of confidence in the company.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.