Constellium SE (NYSE:CSTM – Get Free Report) Director Jean-Christophe Deslarzes acquired 1,490 shares of the stock in a transaction that occurred on Monday, August 3rd. The shares were bought at an average price of $27.24 per share, for a total transaction of $40,587.60. Following the transaction, the director owned 43,515 shares of the company’s stock, valued at $1,185,348.60. This trade represents a 3.55% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink.
Constellium Price Performance
Shares of CSTM opened at $29.61 on Wednesday. The firm has a fifty day simple moving average of $31.53 and a two-hundred day simple moving average of $28.66. The firm has a market cap of $4.01 billion, a PE ratio of 7.63 and a beta of 1.57. The company has a current ratio of 1.43, a quick ratio of 0.61 and a debt-to-equity ratio of 1.50. Constellium SE has a 1-year low of $13.06 and a 1-year high of $36.99.
Constellium (NYSE:CSTM – Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The industrial products company reported $1.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.86 by $0.18. The firm had revenue of $2.75 billion for the quarter, compared to the consensus estimate of $2.73 billion. Constellium had a return on equity of 51.66% and a net margin of 5.69%.The company’s revenue for the quarter was up 30.7% on a year-over-year basis. During the same period last year, the business posted $0.25 EPS. On average, equities analysts anticipate that Constellium SE will post 3.7 EPS for the current year.
Wall Street Analysts Forecast Growth
Read Our Latest Research Report on Constellium
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in CSTM. Handelsbanken Fonder AB grew its stake in shares of Constellium by 244.2% during the 2nd quarter. Handelsbanken Fonder AB now owns 34,696 shares of the industrial products company’s stock valued at $1,106,000 after acquiring an additional 24,615 shares during the period. World Equity Group Inc. bought a new stake in Constellium during the 2nd quarter worth approximately $204,000. Arista Wealth Management LLC purchased a new position in Constellium during the second quarter valued at approximately $320,000. Dynamic Advisor Solutions LLC bought a new position in shares of Constellium in the second quarter worth approximately $242,000. Finally, Baron Wealth Management LLC bought a new position in shares of Constellium in the second quarter worth approximately $264,000. Institutional investors own 92.59% of the company’s stock.
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.
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