Key Points
- Insider sales: Director Michiel Brandjes sold 10,400 shares on May 5 at $31.25 for $325,000, cutting his stake by 20%, and CFO Jack Q. Guo also sold 25,201 shares the same day—two sizable insider dispositions that could weigh on near‑term sentiment.
- Strong quarter and buyback: Constellium reported $1.42 EPS vs. $0.62 expected with revenue up 24.4% to $2.46B, and its board approved a $300M share buyback (about 8.8% of shares outstanding).
- Analyst backdrop: Several brokers have raised ratings and targets (consensus "Moderate Buy" with an average target of $36.60), and institutional ownership is high (~92.6%), indicating continued Wall Street interest despite the insider sales.
Constellium SE (NYSE:CSTM - Get Free Report) Director Michiel Brandjes sold 10,400 shares of the business's stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $31.25, for a total value of $325,000.00. Following the transaction, the director owned 41,600 shares in the company, valued at approximately $1,300,000. This represents a 20.00% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Constellium Trading Down 1.3%
Shares of CSTM opened at $32.89 on Friday. The stock's 50-day moving average is $27.50 and its two-hundred day moving average is $22.31. The stock has a market cap of $4.48 billion, a PE ratio of 10.64 and a beta of 1.54. Constellium SE has a 12 month low of $10.90 and a 12 month high of $33.86. The company has a debt-to-equity ratio of 1.71, a current ratio of 1.39 and a quick ratio of 0.60.
Constellium (NYSE:CSTM - Get Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $1.42 EPS for the quarter, topping analysts' consensus estimates of $0.62 by $0.80. The company had revenue of $2.46 billion for the quarter, compared to analysts' expectations of $2.43 billion. Constellium had a return on equity of 46.22% and a net margin of 4.87%.The firm's quarterly revenue was up 24.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.26 earnings per share. Equities analysts forecast that Constellium SE will post 3.34 earnings per share for the current fiscal year.
Constellium declared that its Board of Directors has approved a share buyback program on Thursday, March 12th that authorizes the company to buyback $300.00 million in outstanding shares. This buyback authorization authorizes the industrial products company to buy up to 8.8% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's board of directors believes its stock is undervalued.
Key Constellium News
Here are the key news stories impacting Constellium this week:
- Positive Sentiment: UBS initiated coverage with a Buy (reported $38 price target), arguing the market is too bearish on normalization in used-beverage-can spreads and implying more upside if spreads stabilize. Read More.
- Positive Sentiment: Zacks upgraded CSTM to a Zacks Rank #1 (Strong Buy) and highlighted Constellium as a momentum/value pick; the upgrade and inclusion on momentum lists can attract flows from quant/momentum funds and retail investors. Read More.
- Neutral Sentiment: Zacks and other commentators have also profiled CSTM as a value/momentum name and compared its year-to-date performance versus industrial peers — useful context for relative positioning but not an immediate catalyst by itself. Read More.
- Neutral Sentiment: Coverage pieces labeling CSTM as “all‑time high but still undervalued” or a momentum pick may support longer-term interest; these are narrative pieces that can sustain buying if fundamentals and spreads remain supportive. Read More.
- Negative Sentiment: CFO Jack Q. Guo sold 25,201 shares on May 5 at an average price of $32.62 (SEC filing), reducing his holding by ~12% — a sizable insider disposition that can be interpreted as a near-term negative signal to investors. Read More.
- Negative Sentiment: Director Michiel Brandjes sold 10,400 shares on May 5 at an average $31.25, cutting his stake by 20% — another material insider sale that may cap upside despite analyst upgrades. Read More.
Wall Street Analyst Weigh In
A number of brokerages have commented on CSTM. Wells Fargo & Company boosted their price objective on Constellium from $35.00 to $39.00 and gave the stock an "overweight" rating in a research note on Thursday, April 30th. Zacks Research cut Constellium from a "strong-buy" rating to a "hold" rating in a research note on Monday, April 13th. BMO Capital Markets set a $32.00 price objective on Constellium and gave the stock an "outperform" rating in a research note on Thursday, April 9th. JPMorgan Chase & Co. restated a "neutral" rating and set a $34.00 price objective (up from $30.00) on shares of Constellium in a research note on Thursday, April 30th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a $40.00 target price on shares of Constellium in a research report on Thursday, April 30th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $36.60.
Read Our Latest Research Report on Constellium
Institutional Trading of Constellium
Several hedge funds and other institutional investors have recently bought and sold shares of the company. Summit Global Investments increased its holdings in Constellium by 1.7% in the first quarter. Summit Global Investments now owns 33,799 shares of the industrial products company's stock valued at $831,000 after buying an additional 554 shares during the last quarter. KBC Group NV increased its holdings in Constellium by 4,567.1% in the first quarter. KBC Group NV now owns 197,790 shares of the industrial products company's stock valued at $4,862,000 after buying an additional 193,552 shares during the last quarter. Precision Wealth Strategies LLC bought a new stake in Constellium in the first quarter valued at about $684,000. Crescent Grove Advisors LLC bought a new stake in Constellium in the first quarter valued at about $356,000. Finally, Jennison Associates LLC bought a new stake in Constellium in the first quarter valued at about $719,000. 92.59% of the stock is owned by institutional investors.
Constellium Company Profile
(
Get Free Report)
Constellium SE is a global leader in the design and manufacture of high-performance aluminum products and solutions. The company serves key markets including aerospace, automotive, and packaging, offering advanced rolled and extruded aluminum sheet, plate and structural components. Its product portfolio encompasses precision-engineered parts for commercial and military aircraft, automotive body structures and closures, beverage and specialty packaging, as well as industrial and structural applications.
Established in 2011 through the consolidation of Rio Tinto Alcan's rolled-products and engineered-products businesses, Constellium has built a reputation for innovation in lightweighting and sustainability.
Further Reading
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