Campbell & CO Investment Adviser LLC has reduced its stake in Century Aluminum Company (NASDAQ:CENX) by 63.1 per cent in the second quarter, according to its latest filing with the Securities and Exchange Commission. The firm sold 33,907 shares during the period, leaving it with 19,859 shares valued at USD 358,000 at quarter-end.
Other major investors have also adjusted their positions. Jones Financial Companies LLP has acquired a new holding in the first quarter worth USD 25,000. Farther Finance Advisors LLC increased its stake by 1,291.8 per cent in the second quarter and now holds 1,364 shares valued at USD 25,000 after adding 1,266 shares. Caitong International Asset Management Co. Ltd lifted its position by 261.8 per cent in the first quarter, bringing its total to 4,020 shares worth USD 75,000 after purchasing 2,909 additional shares. Bayforest Capital Ltd took a new stake worth about USD 124,000 in the second quarter. AlphaQuest LLC expanded its holding by 177.6 per cent in the first quarter, now owning 6,970 shares valued at USD 129,000 after buying 4,459 more shares. Institutional investors and hedge funds collectively hold 61.59 per cent of Century Aluminum’s stock.
Also read: Century Aluminum Q3 2025: Higher prices lift financial performance
Analysts issued several updated assessments. Weiss Ratings reaffirmed a “hold (c)” rating on 8 October. BMO Capital Markets raised its price target from USD 30.00 to USD 34.00 and assigned an “outperform” rating on 7 November. B. Riley increased its price objective from USD 25.00 to USD 28.00 with a “buy” rating on 9 September. Wall Street Zen downgraded the stock from “buy” to “hold” on 3 August. Zacks Research lowered its view from “strong-buy” to “strong sell” on 5 November. Four analysts rate the stock as Buy, one as Hold, and one as Sell. MarketBeat.com data indicates a consensus rating of “Moderate Buy” with a consensus price target of USD 31.50.
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Century Aluminum shares opened at USD 28.78 on Monday, November 17. The company holds a current ratio of 1.75, a quick ratio of 0.61, and a debt-to-equity ratio of 0.66. The 50-day simple moving average stands at USD 28.88 and the 200-day average at USD 22.82. The firm’s one-year range spans from USD 13.05 to USD 34.51. Its market capitalisation is USD 2.69 billion, with a price-to-earnings ratio of 24.81 and a beta of 2.51.
In insider activity, Senior Vice President Agust F. Hafberg sold 9,493 shares on September 26 at an average price of USD 27.91, totalling USD 264,950. Following the sale, his holding stands at 55,260 shares valued at USD 1,542,307, marking a 4.66 per cent reduction in his personal shareholding. Corporate insiders currently hold 0.76 per cent of the company’s stock.
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