Insider Selling: Kaiser Aluminum (NASDAQ:KALU) SVP Sells $30,488.50 in Stock

Kaiser Aluminum Corporation (NASDAQ:KALU) SVP Iulian Gheorghe sold 175 shares of Kaiser Aluminum stock in a transaction on Monday, April 27th. The shares were sold at an average price of $174.22, for a total value of $30,488.50. Following the transaction, the senior vice president owned 4,448 shares of the company’s stock, valued at $774,930.56. The trade was a 3.79% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

Kaiser Aluminum Stock Up 1.9%

Shares of NASDAQ:KALU opened at $173.72 on Friday. The stock has a fifty day simple moving average of $134.32 and a two-hundred day simple moving average of $118.62. The stock has a market capitalization of $2.84 billion, a price-to-earnings ratio of 18.92 and a beta of 1.39. Kaiser Aluminum Corporation has a 12-month low of $65.69 and a 12-month high of $181.47. The company has a current ratio of 2.47, a quick ratio of 1.14 and a debt-to-equity ratio of 1.28.

Kaiser Aluminum (NASDAQ:KALU) last posted its earnings results on Wednesday, April 22nd. The industrial products company reported $3.74 EPS for the quarter, topping analysts’ consensus estimates of $1.96 by $1.78. The business had revenue of $1.11 billion during the quarter, compared to analyst estimates of $948.50 million. Kaiser Aluminum had a return on equity of 17.00% and a net margin of 4.14%.The company’s quarterly revenue was up 42.4% compared to the same quarter last year. During the same quarter last year, the company earned $1.44 EPS. On average, research analysts anticipate that Kaiser Aluminum Corporation will post 7.85 earnings per share for the current fiscal year.

Kaiser Aluminum Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Friday, April 24th will be issued a $0.77 dividend. The ex-dividend date of this dividend is Friday, April 24th. This represents a $3.08 annualized dividend and a dividend yield of 1.8%. Kaiser Aluminum’s payout ratio is presently 33.55%.

More Kaiser Aluminum News

Here are the key news stories impacting Kaiser Aluminum this week:

• Positive Sentiment: Analyst support: several outlets and analysts have raised KALU price targets recently (including a notable lift cited on MSN), and Weiss Ratings moved the stock to a buy — these upgrades help justify the rally and reduce perceived downside. Read More.
• Positive Sentiment: Strong quarterly results: Kaiser reported a large beat (Q1 EPS $3.74 vs. ~$1.96 estimate and revenue of ~$1.11B, +42% y/y), supporting the company’s near‑term earnings outlook and investor interest.
• Neutral Sentiment: Small leadership sale: SVP Iulian Gheorghe sold 175 shares (~$30k), an immaterial trade that likely has little impact on fundamentals. Read More.
• Neutral Sentiment: Director-level small sale: Director Richard P. Grimley sold 1,524 shares (~$261k); notable but not large enough alone to signal company stress. Read More.
• Neutral Sentiment: Minor CEO sale disclosure: a filing shows Keith Harvey sold a small block (3,031 shares) at roughly current prices — an item to monitor in context of larger transactions. Read More.
• Negative Sentiment: Large insider sell‑off: multiple senior insiders have sold sizeable stakes (reports include CEO sales of larger blocks, a director sale of 15,000 shares, and a CFO sale), which markets and media have framed as a “wave” and which can amplify short‑term selling pressure. Read More.
• Negative Sentiment: Headline risk from pundits and research: Jim Cramer publicly said he “can’t recommend” KALU, and JPMorgan reaffirmed an underweight with a price target below the current market price — both increase near‑term narrative risk for the stock. Read More. Read More.

Hedge Funds Weigh In On Kaiser Aluminum

Several large investors have recently made changes to their positions in the business. Citigroup Inc. increased its stake in Kaiser Aluminum by 127.3% during the third quarter. Citigroup Inc. now owns 34,456 shares of the industrial products company’s stock worth $2,659,000 after acquiring an additional 19,294 shares during the last quarter. Allspring Global Investments Holdings LLC bought a new stake in Kaiser Aluminum during the fourth quarter worth approximately $5,018,000. First National Bank of Omaha bought a new stake in Kaiser Aluminum during the third quarter worth approximately $603,000. AlphaQuest LLC increased its stake in Kaiser Aluminum by 1,096.2% during the third quarter. AlphaQuest LLC now owns 22,453 shares of the industrial products company’s stock worth $1,732,000 after acquiring an additional 20,576 shares during the last quarter. Finally, Bright Futures Wealth Management LLC. bought a new stake in Kaiser Aluminum during the third quarter worth approximately $908,000. 99.29% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have issued reports on KALU. Zacks Research lowered Kaiser Aluminum from a “strong-buy” rating to a “hold” rating in a report on Monday, April 13th. Wall Street Zen raised Kaiser Aluminum from a “buy” rating to a “strong-buy” rating in a report on Saturday, April 18th. Wells Fargo & Company boosted their price target on Kaiser Aluminum from $125.00 to $137.00 and gave the company an “equal weight” rating in a report on Wednesday, April 15th. KeyCorp boosted their price target on Kaiser Aluminum from $170.00 to $183.00 and gave the company an “overweight” rating in a report on Friday, April 24th. Finally, Weiss Ratings raised Kaiser Aluminum from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, April 24th. Two analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Kaiser Aluminum currently has a consensus rating of “Hold” and an average target price of $154.00.

Kaiser Aluminum Company Profile

Kaiser Aluminum Corporation is a U.S.-based producer of semi‐fabricated aluminum products, serving a diverse range of industrial and specialty markets. The company’s offerings include extruded, rolled, and forged aluminum products designed to meet stringent performance requirements in sectors such as aerospace, automotive, defense, electronics, and general engineering. By focusing on high‐value applications, Kaiser Aluminum aims to deliver lightweight, durable solutions that contribute to efficiency and innovation across its customer base.

Operationally, Kaiser Aluminum maintains a network of smelters, extrusion plants, and rolling mills located primarily in North America.