Constellium (NYSE:CSTM) SVP Marcus Becker Sells 15,570 Shares

Constellium SE (NYSE:CSTM) SVP Marcus Becker sold 15,570 shares of the stock in a transaction dated 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 document filed with the SEC, which is available through the SEC website.

Constellium Stock Up 2.6%

CSTM opened at $26.03 on Tuesday. The firm has a market cap of $3.59 billion, a P/E ratio of 13.43 and a beta of 1.51. The company has a debt-to-equity ratio of 2.29, a quick ratio of 0.54 and a current ratio of 1.28. The business has a 50 day moving average price of $21.88 and a 200 day moving average price of $17.74. Constellium SE has a twelve month low of $7.32 and a twelve month high of $27.25.

Constellium (NYSE:CSTM) last released its quarterly earnings results on Wednesday, February 18th. The industrial products company reported $0.80 EPS for the quarter, beating analysts’ consensus estimates of $0.36 by $0.44. Constellium had a net margin of 3.23% and a return on equity of 33.74%. The company had revenue of $2.20 billion for the quarter, compared to analyst estimates of $2.05 billion. During the same quarter last year, the firm posted ($0.34) earnings per share. The company’s quarterly revenue was up 27.9% compared to the same quarter last year. Research analysts forecast that Constellium SE will post 1.1 EPS for the current year.

Institutional Investors Weigh In On Constellium

A number of institutional investors have recently modified their holdings of the company. Farther Finance Advisors LLC increased its holdings in Constellium by 6,985.7% during the 4th quarter. Farther Finance Advisors LLC now owns 1,488 shares of the industrial products company’s stock worth $28,000 after purchasing an additional 1,467 shares during the period. EverSource Wealth Advisors LLC grew its position in shares of Constellium by 578.6% during the third quarter. EverSource Wealth Advisors LLC now owns 2,348 shares of the industrial products company’s stock worth $35,000 after buying an additional 2,002 shares in the last quarter. Allworth Financial LP increased its stake in shares of Constellium by 52.5% during the fourth quarter. Allworth Financial LP now owns 2,074 shares of the industrial products company’s stock worth $39,000 after buying an additional 714 shares during the period. KBC Group NV acquired a new stake in Constellium in the second quarter valued at approximately $56,000. Finally, GAMMA Investing LLC lifted its stake in Constellium by 29.7% in the fourth quarter. GAMMA Investing LLC now owns 3,089 shares of the industrial products company’s stock worth $58,000 after acquiring an additional 707 shares during the last quarter. 92.59% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

CSTM has been the subject of a number of recent analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of Constellium in a report on Monday, December 29th. Zacks Research raised Constellium from a “hold” rating to a “strong-buy” rating in a report on Friday. Wall Street Zen upgraded Constellium from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 4th. JPMorgan Chase & Co. raised their price objective on shares of Constellium from $26.00 to $29.00 and gave the stock an “overweight” rating in a research note on Thursday, February 19th. Finally, Deutsche Bank Aktiengesellschaft upped their target price on shares of Constellium from $25.00 to $28.00 and gave the company a “buy” rating in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Constellium has a consensus rating of “Buy” and a consensus price target of $29.00.

About Constellium

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.