Kevin Kruger Sells 7,561 Shares of DRDGOLD (NYSE:DRD) Stock

Posted by Brenda Bartman on Sep 5th, 2026

DRDGOLD Limited (NYSE:DRD – Get Free Report) insider Kevin Kruger sold 7,561 shares of the firm’s stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $2.75, for a total transaction of $20,792.75. Following the completion of the transaction, the insider directly owned 9,240 shares in the company, valued at approximately $25,410. This represents a 45.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

DRDGOLD Stock Performance

Shares of NYSE:DRD opened at $28.54 on Friday. The firm has a 50 day moving average of $23.69 and a 200-day moving average of $27.09. DRDGOLD Limited has a 12 month low of $19.47 and a 12 month high of $39.37.

DRDGOLD (NYSE:DRD – Get Free Report) last posted its quarterly earnings results on Wednesday, August 19th. The basic materials company reported $0.83 earnings per share (EPS) for the quarter. The firm had revenue of $188.03 million for the quarter. As a group, equities research analysts predict that DRDGOLD Limited will post 3.12 earnings per share for the current fiscal year.

DRDGOLD Announces Dividend

The firm also recently announced a dividend, which will be paid on Monday, September 21st. Shareholders of record on Friday, September 11th will be paid a dividend of $0.7379 per share. The ex-dividend date is Friday, September 11th. This represents a yield of 530.0%.

Institutional Investors Weigh In On DRDGOLD

A number of hedge funds and other institutional investors have recently bought and sold shares of DRD. Banque Cantonale Vaudoise acquired a new position in DRDGOLD in the 4th quarter worth about $42,000. Farther Finance Advisors LLC boosted its stake in shares of DRDGOLD by 33.5% during the fourth quarter. Farther Finance Advisors LLC now owns 2,256 shares of the basic materials company’s stock valued at $70,000 after purchasing an additional 566 shares in the last quarter. Osaic Holdings Inc. boosted its stake in shares of DRDGOLD by 11.5% during the second quarter. Osaic Holdings Inc. now owns 6,892 shares of the basic materials company’s stock valued at $92,000 after purchasing an additional 713 shares in the last quarter. BNP Paribas Financial Markets bought a new stake in shares of DRDGOLD during the third quarter worth about $102,000. Finally, Smartleaf Asset Management LLC bought a new stake in shares of DRDGOLD during the fourth quarter worth about $140,000. Institutional investors own 14.70% of the company’s stock.

Key Headlines Impacting DRDGOLD

Here are the key news stories impacting DRDGOLD this week:

Positive Sentiment: Strong year and gold-market exposure: Mining Weekly characterized the past year as “very good” for DRDGOLD, supporting the view that favorable gold prices and operating performance remain important catalysts for the gold-tailings retreatment company. It’s been a very good year for DRDGOLD
Positive Sentiment: Dividend and analyst support: DRDGOLD declared a $0.7379-per-share dividend payable September 21 to shareholders of record September 11. HC Wainwright also raised its price target to $35 and maintained a Buy rating, while the reported analyst consensus is Hold with a $35 target.
Positive Sentiment: Institutional accumulation: Several funds increased their holdings during the second quarter, including JPMorgan, Arrowstreet Capital, Jane Street and Bank of America. Institutional investors collectively own about 14.7% of the company, providing some evidence of continued professional-investor interest.
Neutral Sentiment: Insider sales followed award vesting: CEO Daniel Pretorius, CFO Henriette Hooijer, COO Jacobus Schoeman and other insiders sold shares on September 1 at an average price of $2.75. The transactions followed deferred-award vesting, so they may represent routine tax or liquidity-related sales rather than a negative change in management’s view of the business. The CEO retained nearly 1 million shares after his sale. DRDGOLD stock gains as insider share sales follow deferred award vesting
Negative Sentiment: Broad insider selling weighs on sentiment: Nine executives and insiders sold approximately 127,494 shares worth $350,609 in total. Several individuals reduced their positions by roughly 45% to 85%, while Zacks Research downgraded the stock to Strong Sell. The breadth of selling could create near-term concern despite the company’s favorable operating trends. DRDGOLD insider selling report

Analyst Upgrades and Downgrades

DRD has been the subject of a number of research analyst reports. HC Wainwright boosted their price target on DRDGOLD from $33.00 to $35.00 and gave the stock a “buy” rating in a report on Thursday, August 20th. Zacks Research lowered DRDGOLD from a “hold” rating to a “strong sell” rating in a research note on Tuesday, August 4th. Weiss Ratings reiterated a “buy (b-)” rating on shares of DRDGOLD in a research report on Monday, August 3rd. Finally, Wall Street Zen cut DRDGOLD from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 4th. Two research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, DRDGOLD presently has a consensus rating of “Hold” and an average price target of $35.00.

View Our Latest Research Report on DRDGOLD

About DRDGOLD

(Get Free Report)

DRDGOLD (NYSE: DRD) is a South African gold producer focused on the retreatment of surface tailings from historic mining operations on the Witwatersrand Basin. The company recovers fine gold particles from low‐grade tailings using an integrated, carbon‐in‐leach (CIL) processing circuit that is designed to maximize yield and minimize environmental impact. DRDGOLD’s operations are centered on sustainable resource utilization, transforming previously discarded material into saleable gold doré bars.

The company operates two primary tailings retreatment facilities on the West Rand and East Rand of Gauteng Province.