Insider Selling: Gerdau (NYSE:GGB) Insider Sells $53,077.57 in Stock

Posted by Stanley Muller on Aug 17th, 2026

Gerdau S.A. (NYSE:GGB – Get Free Report) insider Marcos Zilles Mattiello sold 10,387 shares of the firm’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $5.11, for a total transaction of $53,077.57. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Gerdau Stock Down 0.1%

Shares of NYSE:GGB opened at $4.74 on Monday. The firm has a market cap of $9.47 billion, a PE ratio of 20.59 and a beta of 1.48. The company has a fifty day simple moving average of $4.58 and a 200 day simple moving average of $4.31. The company has a current ratio of 2.87, a quick ratio of 1.30 and a debt-to-equity ratio of 0.26. Gerdau S.A. has a 12-month low of $2.85 and a 12-month high of $5.18.

Gerdau (NYSE:GGB – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The basic materials company reported $0.15 EPS for the quarter, meeting analysts’ consensus estimates of $0.15. The firm had revenue of $3.45 billion for the quarter, compared to the consensus estimate of $3.41 billion. Gerdau had a net margin of 3.37% and a return on equity of 7.97%. On average, equities research analysts anticipate that Gerdau S.A. will post 0.53 EPS for the current fiscal year.

Gerdau Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Friday, August 21st will be given a dividend of $0.0448 per share. The ex-dividend date of this dividend is Friday, August 21st. This is a positive change from Gerdau’s previous quarterly dividend of $0.04. This represents a $0.18 annualized dividend and a dividend yield of 3.8%. Gerdau’s dividend payout ratio is 52.17%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Donald Smith & CO. Inc. bought a new stake in shares of Gerdau during the 2nd quarter valued at about $70,663,000. Assenagon Asset Management S.A. acquired a new stake in Gerdau during the second quarter worth about $16,291,000. Bank of America Corp DE lifted its holdings in Gerdau by 11,393.6% in the first quarter. Bank of America Corp DE now owns 13,222,623 shares of the basic materials company’s stock worth $47,734,000 after acquiring an additional 13,107,580 shares during the last quarter. Amundi lifted its holdings in Gerdau by 4.6% in the first quarter. Amundi now owns 1,421,830 shares of the basic materials company’s stock worth $5,133,000 after acquiring an additional 62,607 shares during the last quarter. Finally, EverSource Wealth Advisors LLC boosted its stake in Gerdau by 57.6% in the first quarter. EverSource Wealth Advisors LLC now owns 13,243 shares of the basic materials company’s stock valued at $48,000 after acquiring an additional 4,842 shares during the period. 1.49% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several brokerages recently weighed in on GGB. UBS Group reissued a “buy” rating and issued a $5.25 price objective (up from $4.60) on shares of Gerdau in a report on Wednesday, April 29th. Weiss Ratings raised Gerdau from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, August 5th. Itau BBA Securities lowered Gerdau from an “outperform” rating to a “market perform” rating in a research report on Monday, August 10th. Finally, JPMorgan Chase & Co. boosted their price target on Gerdau from $5.50 to $6.00 and gave the company an “overweight” rating in a report on Thursday, June 25th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, Gerdau currently has a consensus rating of “Moderate Buy” and an average target price of $5.28.

Get Our Latest Analysis on GGB

Gerdau Company Profile

(Get Free Report)

Gerdau SA is a Brazilian-based steel producer engaged in the manufacture and distribution of long steel products for the construction, industrial and agricultural sectors. Established in 1901, the company operates an integrated network of electric-arc furnaces and rolling mills, producing reinforcement bars, wire rod, merchant bars and structural shapes. Gerdau’s product portfolio also includes specialty long steel, high-yield reinforcement, rail, beams and steel coils, as well as value-added processing services such as cutting, bending and coating.

The company has expanded its footprint beyond Brazil, with significant operations in North America, South America and a presence in select European markets.