Newmont (NYSE:NEM) Stock Price Down 7.1% on Insider Selling

Newmont Corporation (NYSE:NEM)’s stock price was down 7.1% during mid-day trading on Thursday following insider selling activity. The stock traded as low as $95.79 and last traded at $98.9320. Approximately 24,342,577 shares changed hands during trading, an increase of 137% from the average daily volume of 10,285,487 shares. The stock had previously closed at $106.54.

Specifically, insider David James Fry sold 18,394 shares of the firm’s stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $111.45, for a total transaction of $2,050,011.30. Following the completion of the sale, the insider directly owned 17,147 shares in the company, valued at $1,911,033.15. This trade represents a 51.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Analysts Set New Price Targets

NEM has been the topic of several research reports. Zacks Research raised Newmont from a “hold” rating to a “strong-buy” rating in a research report on Thursday, March 5th. Sanford C. Bernstein upgraded Newmont from a “market perform” rating to an “outperform” rating and boosted their price target for the company from $121.00 to $157.00 in a research note on Friday, February 27th. Canaccord Genuity Group upped their price objective on Newmont from $115.00 to $140.00 and gave the company a “buy” rating in a report on Friday, January 23rd. TD Securities lowered their price objective on Newmont from $120.00 to $118.00 and set a “hold” rating on the stock in a research report on Tuesday, March 3rd. Finally, DZ Bank raised Newmont to a “strong-buy” rating in a report on Monday, January 19th. Three research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $134.15.

Key Headlines Impacting Newmont

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Wall Street support and higher price targets give the stock upside if bullion stabilizes — multiple analysts maintain buy/outperform ratings and median targets sit above the current price, providing a potential catalyst if gold recovers. QuiverQuant: Newmont falls 3.2%
• Positive Sentiment: Long‑term value thesis — recent writeups highlight NEM as a value/quality miner (cash generation, low leverage, dividend) that could appeal to buy‑and‑hold investors despite short‑term volatility. Zacks: Why Newmont is a top value stock
• Neutral Sentiment: Broader market coverage and reporting of the decline summarize the drivers for traders but add little new company‑specific information — useful context for momentum moves. Yahoo Finance: Newmont suffers larger drop
• Neutral Sentiment: Planned executive sale under a 10b5‑1 arrangement was disclosed — routine and usually pre‑scheduled, so not an immediate red flag but adds supply to the market. TipRanks: Executive schedules routine sale
• Negative Sentiment: Macro and bullion weakness — a stronger dollar and Fed messaging (fewer rate cuts) cooled gold, which typically pressures gold miners’ multiples and triggers sector selloffs. Schaeffers: Mining stock eyes worst day
• Negative Sentiment: Rising fuel/operating costs and margin pressure — reporters cite higher fuel costs and a softer gold price as compressing margins and raising all‑in sustaining cost (AISC) risks. That magnifies downside when bullion weakens. Benzinga: Rising fuel costs lower gold prices squeeze margins
• Negative Sentiment: Company outlook sensitivity — investors revisiting Newmont’s 2026 guidance (lower attributable gold volumes vs. 2025 and higher AISC) increases haircut risk to earnings and cash flow if gold doesn’t rally. QuiverQuant: Gold cools and investors refocus
• Negative Sentiment: Senior insider sale (David James Fry sold ~18,394 shares) was publicly filed; large open‑market sales can amplify negative sentiment during a down day. SEC Form 4: Insider sale

Newmont Price Performance

The company has a fifty day simple moving average of $118.86 and a two-hundred day simple moving average of $99.25. The stock has a market capitalization of $107.63 billion, a price-to-earnings ratio of 15.48, a PEG ratio of 0.86 and a beta of 0.39. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.02 and a current ratio of 2.29.

Newmont (NYSE:NEM) last issued its quarterly earnings results on Thursday, February 19th. The basic materials company reported $2.52 EPS for the quarter, topping analysts’ consensus estimates of $1.81 by $0.71. The company had revenue of $6.82 billion for the quarter, compared to analysts’ expectations of $6.18 billion. Newmont had a return on equity of 23.28% and a net margin of 31.25%.Newmont’s revenue was up 20.6% on a year-over-year basis. During the same quarter last year, the business earned $1.40 earnings per share. As a group, equities research analysts expect that Newmont Corporation will post 3.45 earnings per share for the current fiscal year.

Newmont Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Tuesday, March 3rd will be issued a $0.26 dividend. The ex-dividend date of this dividend is Tuesday, March 3rd. This represents a $1.04 annualized dividend and a yield of 1.1%. This is an increase from Newmont’s previous quarterly dividend of $0.25. Newmont’s payout ratio is 16.28%.

Hedge Funds Weigh In On Newmont

Several hedge funds and other institutional investors have recently made changes to their positions in NEM. GoalVest Advisory LLC bought a new position in Newmont in the fourth quarter valued at approximately $25,000. Physician Wealth Advisors Inc. lifted its stake in Newmont by 327.8% during the third quarter. Physician Wealth Advisors Inc. now owns 308 shares of the basic materials company’s stock worth $26,000 after purchasing an additional 236 shares during the last quarter. Swiss RE Ltd. acquired a new stake in shares of Newmont in the 4th quarter valued at $26,000. Cornerstone Planning Group LLC boosted its holdings in shares of Newmont by 312.1% in the 4th quarter. Cornerstone Planning Group LLC now owns 272 shares of the basic materials company’s stock valued at $27,000 after purchasing an additional 206 shares in the last quarter. Finally, JPL Wealth Management LLC bought a new position in shares of Newmont in the 3rd quarter valued at $27,000. 68.85% of the stock is currently owned by institutional investors and hedge funds.

About Newmont

Newmont Corporation (NYSE: NEM) is a leading global gold mining company engaged in the exploration, development, processing and reclamation of gold properties. The company’s core business centers on the production of gold, with additional byproduct metals produced from its operations. Newmont operates a portfolio of long‑lived mines and development projects, and its activities span the full mine life cycle from early-stage exploration through to mining, milling and closure.

Founded in 1921 and headquartered in Greenwood Village, Colorado, Newmont has grown through organic development and strategic acquisitions.