DRDGOLD (NYSE:DRD) COO Sells $53,358.25 in Stock

Posted by Stanley Muller on Sep 6th, 2026

DRDGOLD Limited (NYSE:DRD – Get Free Report) COO Jacobus Schoeman sold 19,403 shares of the business’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 $53,358.25. Following the sale, the chief operating officer directly owned 25,000 shares of the company’s stock, valued at approximately $68,750. This represents a 43.70% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

DRDGOLD Trading Down 3.6%

DRD opened at $28.54 on Friday. The company’s 50-day moving average price is $23.69 and its 200 day moving average price is $27.09. DRDGOLD Limited has a fifty-two week low of $19.47 and a fifty-two week high of $39.37.

DRDGOLD (NYSE:DRD – Get Free Report) last issued its earnings results on Wednesday, August 19th. The basic materials company reported $0.83 EPS for the quarter. The company had revenue of $188.03 million during the quarter. Equities analysts expect that DRDGOLD Limited will post 3.12 EPS for the current fiscal year.

DRDGOLD Dividend Announcement

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

Institutional Trading of DRDGOLD

A number of institutional investors have recently made changes to their positions in DRD. AQR Capital Management LLC acquired a new position in shares of DRDGOLD during the first quarter valued at approximately $1,759,000. JPMorgan Chase & Co. lifted its position in DRDGOLD by 7,065.0% in the second quarter. JPMorgan Chase & Co. now owns 30,093 shares of the basic materials company’s stock worth $401,000 after purchasing an additional 29,673 shares during the period. Arrowstreet Capital Limited Partnership lifted its position in DRDGOLD by 75.0% in the second quarter. Arrowstreet Capital Limited Partnership now owns 291,249 shares of the basic materials company’s stock worth $3,882,000 after purchasing an additional 124,831 shares during the period. Jane Street Group LLC boosted its stake in DRDGOLD by 174.4% during the 2nd quarter. Jane Street Group LLC now owns 124,255 shares of the basic materials company’s stock valued at $1,656,000 after purchasing an additional 78,978 shares in the last quarter. Finally, Bank of America Corp DE boosted its stake in DRDGOLD by 138.0% during the 2nd quarter. Bank of America Corp DE now owns 42,846 shares of the basic materials company’s stock valued at $571,000 after purchasing an additional 24,845 shares in the last quarter. 14.70% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on DRD. HC Wainwright increased their target price on DRDGOLD from $33.00 to $35.00 and gave the stock a “buy” rating in a research report on Thursday, August 20th. Zacks Research downgraded shares of DRDGOLD from a “hold” rating to a “strong sell” rating in a report on Tuesday, August 4th. Wall Street Zen cut shares of DRDGOLD from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 4th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of DRDGOLD in a research report on Monday, August 3rd. Two equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat, DRDGOLD currently has a consensus rating of “Hold” and an average target price of $35.00.

Read Our Latest Stock Report on DRD

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

DRDGOLD Company Profile

(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.