Constellium (NYSE:CSTM) SVP Sells $398,280.60 in Stock

Constellium SE (NYSE:CSTM) SVP Marcus Becker sold 15,570 shares of the stock in a transaction on Friday, February 20th. The shares were sold at an average price of $25.58, for a total value of $398,280.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Constellium Trading Down 0.2%

CSTM stock opened at $25.93 on Friday. The company has a quick ratio of 0.54, a current ratio of 1.28 and a debt-to-equity ratio of 2.29. Constellium SE has a twelve month low of $7.32 and a twelve month high of $27.25. The company has a market cap of $3.57 billion, a P/E ratio of 13.44 and a beta of 1.51. The business has a fifty day moving average of $22.32 and a 200-day moving average of $17.94.

Constellium (NYSE:CSTM) last announced its quarterly earnings data on Wednesday, February 18th. The industrial products company reported $0.80 EPS for the quarter, topping analysts’ consensus estimates of $0.36 by $0.44. Constellium had a return on equity of 33.74% and a net margin of 3.23%.The firm had revenue of $2.20 billion during the quarter, compared to analyst estimates of $2.05 billion. During the same period last year, the company earned ($0.34) earnings per share. The company’s revenue was up 27.9% on a year-over-year basis. As a group, equities research analysts expect that Constellium SE will post 1.1 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts have issued reports on the stock. Wall Street Zen raised shares of Constellium from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 4th. Weiss Ratings restated a “hold (c)” rating on shares of Constellium in a research report on Monday, December 29th. BMO Capital Markets lifted their price objective on Constellium from $25.00 to $30.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 18th. Wells Fargo & Company increased their target price on Constellium from $25.00 to $29.00 and gave the company an “overweight” rating in a research note on Thursday, February 19th. Finally, JPMorgan Chase & Co. boosted their target price on Constellium from $26.00 to $29.00 and gave the stock an “overweight” rating in a research report on Thursday, February 19th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $29.00.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Sequoia Financial Advisors LLC acquired a new stake in Constellium in the 3rd quarter valued at $2,876,000. Geode Capital Management LLC increased its position in shares of Constellium by 14.2% in the second quarter. Geode Capital Management LLC now owns 1,730,112 shares of the industrial products company’s stock valued at $23,008,000 after acquiring an additional 214,987 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp raised its holdings in Constellium by 89.1% during the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 121,720 shares of the industrial products company’s stock worth $1,811,000 after acquiring an additional 57,337 shares in the last quarter. Knights of Columbus Asset Advisors LLC acquired a new position in Constellium during the third quarter valued at approximately $1,969,000. Finally, SG Americas Securities LLC boosted its position in Constellium by 97.2% during the third quarter. SG Americas Securities LLC now owns 889,288 shares of the industrial products company’s stock valued at $13,233,000 after purchasing an additional 438,412 shares during the last quarter. 92.59% of the stock is currently owned by institutional investors.

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.