Richard Grimley Sells 1,524 Shares of Kaiser Aluminum (NASDAQ:KALU) Stock

May 2, 2026 by InsiderTrades.com

Key Points

Director Richard Grimley sold 1,524 shares of Kaiser Aluminum on April 29 at an average price of $171.52 for roughly $261,396, reducing his stake by 24.98% to 4,578 shares (SEC filing).
Kaiser posted a strong Q1 beat, reporting $3.74 EPS vs. ~$1.96 expected and $1.11 billion in revenue (up ~42% y/y), which has supported recent analyst upgrades and higher price targets.
Despite analyst lift, the stock faces headline risk from a wave of insider selling by senior executives and mixed pundit commentary; the company also declared a $0.77 quarterly dividend (annualized $3.08, ~1.8% yield).

Kaiser Aluminum Corporation (NASDAQ:KALU - Get Free Report) Director Richard Grimley sold 1,524 shares of Kaiser Aluminum stock in a transaction dated Wednesday, April 29th. The stock was sold at an average price of $171.52, for a total value of $261,396.48. Following the completion of the sale, the director owned 4,578 shares of the company's stock, valued at $785,218.56. The trade was a 24.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Kaiser Aluminum Price Performance

NASDAQ KALU opened at $173.72 on Friday. Kaiser Aluminum Corporation has a one year low of $65.69 and a one year high of $181.47. The stock has a 50-day moving average of $134.32 and a 200 day moving average of $118.62. The company has a market capitalization of $2.84 billion, a price-to-earnings ratio of 18.92 and a beta of 1.39. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.14 and a current ratio of 2.47.

Kaiser Aluminum (NASDAQ:KALU - Get Free Report) last released its quarterly earnings data on Wednesday, April 22nd. The industrial products company reported $3.74 EPS for the quarter, topping the consensus estimate of $1.96 by $1.78. Kaiser Aluminum had a return on equity of 17.00% and a net margin of 4.14%.The company had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $948.50 million. During the same period last year, the company earned $1.44 EPS. Kaiser Aluminum's revenue for the quarter was up 42.4% on a year-over-year basis. On average, sell-side analysts forecast that Kaiser Aluminum Corporation will post 7.85 EPS for the current year.

Kaiser Aluminum Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, May 15th. Shareholders of record on Friday, April 24th will be paid a dividend of $0.77 per share. This represents a $3.08 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date is Friday, April 24th. Kaiser Aluminum's payout ratio is currently 33.55%.

Analyst Upgrades and Downgrades

KALU has been the subject of a number of recent research reports. Weiss Ratings upgraded Kaiser Aluminum from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Friday, April 24th. Wall Street Zen upgraded Kaiser Aluminum from a "buy" rating to a "strong-buy" rating in a research note on Saturday, April 18th. KeyCorp boosted their price target on Kaiser Aluminum from $170.00 to $183.00 and gave the company an "overweight" rating in a research note on Friday, April 24th. Zacks Research downgraded Kaiser Aluminum from a "strong-buy" rating to a "hold" rating in a research note on Monday, April 13th. Finally, Wells Fargo & Company boosted their price target on Kaiser Aluminum from $125.00 to $137.00 and gave the company an "equal weight" rating in a research note on Wednesday, April 15th. Two analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $154.00.

Get Our Latest Stock Report on KALU

Trending Headlines about Kaiser Aluminum

Here are the key news stories impacting Kaiser Aluminum this week:

Positive Sentiment: Analyst support: several outlets and analysts have raised KALU price targets recently (including a notable lift cited on MSN), and Weiss Ratings moved the stock to a buy — these upgrades help justify the rally and reduce perceived downside. Read More.
Positive Sentiment: Strong quarterly results: Kaiser reported a large beat (Q1 EPS $3.74 vs. ~$1.96 estimate and revenue of ~$1.11B, +42% y/y), supporting the company’s near‑term earnings outlook and investor interest.
Neutral Sentiment: Small leadership sale: SVP Iulian Gheorghe sold 175 shares (~$30k), an immaterial trade that likely has little impact on fundamentals. Read More.
Neutral Sentiment: Director-level small sale: Director Richard P. Grimley sold 1,524 shares (~$261k); notable but not large enough alone to signal company stress. Read More.
Neutral Sentiment: Minor CEO sale disclosure: a filing shows Keith Harvey sold a small block (3,031 shares) at roughly current prices — an item to monitor in context of larger transactions. Read More.
Negative Sentiment: Large insider sell‑off: multiple senior insiders have sold sizeable stakes (reports include CEO sales of larger blocks, a director sale of 15,000 shares, and a CFO sale), which markets and media have framed as a “wave” and which can amplify short‑term selling pressure. Read More.
Negative Sentiment: Headline risk from pundits and research: Jim Cramer publicly said he “can’t recommend” KALU, and JPMorgan reaffirmed an underweight with a price target below the current market price — both increase near‑term narrative risk for the stock. Read More. Read More.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Citigroup Inc. grew its stake in shares of Kaiser Aluminum by 127.3% during the 3rd quarter. Citigroup Inc. now owns 34,456 shares of the industrial products company's stock valued at $2,659,000 after acquiring an additional 19,294 shares during the period. Allspring Global Investments Holdings LLC bought a new position in shares of Kaiser Aluminum during the 4th quarter valued at approximately $5,018,000. First National Bank of Omaha bought a new position in shares of Kaiser Aluminum during the 3rd quarter valued at approximately $603,000. AlphaQuest LLC grew its stake in shares of Kaiser Aluminum by 1,096.2% during the 3rd quarter. AlphaQuest LLC now owns 22,453 shares of the industrial products company's stock valued at $1,732,000 after acquiring an additional 20,576 shares during the period. Finally, Bright Futures Wealth Management LLC. bought a new position in shares of Kaiser Aluminum during the 3rd quarter valued at approximately $908,000. 99.29% of the stock is currently owned by institutional investors.

Kaiser Aluminum Company Profile

(Get Free Report)

Kaiser Aluminum Corporation is a U.S.-based producer of semi‐fabricated aluminum products, serving a diverse range of industrial and specialty markets. The company's offerings include extruded, rolled, and forged aluminum products designed to meet stringent performance requirements in sectors such as aerospace, automotive, defense, electronics, and general engineering. By focusing on high‐value applications, Kaiser Aluminum aims to deliver lightweight, durable solutions that contribute to efficiency and innovation across its customer base.

Operationally, Kaiser Aluminum maintains a network of smelters, extrusion plants, and rolling mills located primarily in North America.