REalloys (NASDAQ:ALOY) Trading Down 8.6% After Insider Selling

REalloys Inc (NASDAQ:ALOY)’s share price fell 8.6% on Friday after an insider sold shares in the company. The company traded as low as $12.89 and last traded at $12.9550. 409,768 shares were traded during trading, a decline of 38% from the average session volume of 665,747 shares. The stock had previously closed at $14.18.

Specifically, insider Gust Kepler sold 62,000 shares of the firm’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $12.89, for a total value of $799,180.00. Following the completion of the transaction, the insider directly owned 414,218 shares of the company’s stock, valued at $5,339,270.02. This trade represents a 13.02% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Weiss Ratings reiterated a “sell (d-)” rating on shares of REalloys in a research note on Wednesday, January 21st. Wall Street Zen upgraded REalloys from a “sell” rating to a “hold” rating in a research note on Sunday, March 8th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, REalloys has a consensus rating of “Sell”.

REalloys Stock Down 9.5%

The firm has a market capitalization of $732.89 million, a P/E ratio of -10.94 and a beta of 1.45. The firm’s 50-day simple moving average is $13.37 and its 200-day simple moving average is $9.78.

REalloys (NASDAQ:ALOY) last issued its quarterly earnings results on Monday, February 23rd. The company reported ($0.40) EPS for the quarter. The company had revenue of $0.63 million during the quarter. REalloys had a negative return on equity of 96.75% and a negative net margin of 182.07%.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Geode Capital Management LLC raised its position in REalloys by 5.7% during the fourth quarter. Geode Capital Management LLC now owns 26,267 shares of the company’s stock valued at $213,000 after purchasing an additional 1,422 shares in the last quarter. Pekin Hardy Strauss Inc. purchased a new position in shares of REalloys in the 4th quarter worth about $81,000. Corient Private Wealth LLC purchased a new position in shares of REalloys in the 2nd quarter worth about $62,000. Canton Hathaway LLC bought a new position in shares of REalloys during the 4th quarter valued at about $95,000. Finally, Franklin Resources Inc. purchased a new position in shares of REalloys during the 4th quarter valued at about $741,000. Institutional investors own 3.58% of the company’s stock.

REalloys Company Profile

REalloys Inc operates as a rare earth metals and permanent magnet company in North America. The company produces rare earth metals, such as neodymium, praseodymium, dysprosium, terbium, samarium, gadolinium, yttrium, and scandium; and magnets, such as NdFeB Magnets, SmFe12 Magnets, and MnBi Magnets. The company was founded in 2024 and is headquartered in Euclid, Ohio.