Kenneth Calloway, the Senior Vice President of Human Resources of Century Aluminium, has reportedly sold 36 per cent of shares worth USD 452,000 at USD 27.50 per share.
In the last 12 months, the President of Century, Jesse Gary, made the biggest insider sale worth USD 1.5 million at USD 18.97 per share - well below today’s price of USD 25.85. Generally, selling out shares at a price lower than the current price is considered to be discouraging, as it is considered that the shareholders are happy selling their stocks at lower prices. The single biggest sale was Jesse Gary’s 99 per cent holding.
The insider ownership at Century Aluminium owns about 0.8% of the company, which accounts for about USD 19 million. Although it is not a significant level of ownership by the insiders, it's enough to show some level of alignment among the shareholders and the management.
Also Read: China’s unwrought aluminium trade in 2025: Imports soar but exports stumble, what’s next?
The analysis depicts that the insiders within Century Aluminium have not been buying shares in the last 12 months. On the other hand, although the ownership level of the insiders is not high, they have been selling out their shares. The absence of insider purchases, combined with recent selling of shares, has, however, raised a cautionary outlook for potential investors.
Note: This article is for information purposes only. Do not make investment decisions based on this.
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