Kaiser Aluminum Corp. EVP Pete Bunin Unloads 2,500 Shares (KALU)
Kaiser Aluminum Corp. (NASDAQ:KALU) EVP Pete Bunin sold 2,500 shares of the stock in a transaction that occurred on Wednesday, July 2nd. The stock was sold at an average price of $72.66, for a total value of $181,650.00. Following the completion of the transaction, the executive vice president now directly owns 59,844 shares of the company’s stock, valued at approximately $4,348,265. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Separately, analysts at Cowen and Company raised their price target on shares of Kaiser Aluminum Corp. from $73.00 to $76.00 in a research note on Friday, April 25th. They now have an “outperform” rating on the stock. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $75.90.
Shares of Kaiser Aluminum Corp. (NASDAQ:KALU) traded up 0.63% on Thursday, hitting $73.16. The stock had a trading volume of 71,031 shares. Kaiser Aluminum Corp. has a one year low of $62.09 and a one year high of $74.27. The stock has a 50-day moving average of $70.34 and a 200-day moving average of $70.31. The company has a market cap of $1.308 billion and a price-to-earnings ratio of 15.92.
Kaiser Aluminum Corp. (NASDAQ:KALU) last released its earnings data on Wednesday, April 23rd. The company reported $0.85 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.81 by $0.04. The company had revenue of $335.00 million for the quarter, compared to the consensus estimate of $320.28 million. During the same quarter in the prior year, the company posted $1.03 earnings per share. The company’s quarterly revenue was down .6% on a year-over-year basis. Analysts expect that Kaiser Aluminum Corp. will post $3.61 EPS for the current fiscal year.
Kaiser Aluminum Corporation is engaged in the production of semi-fabricated specialty aluminum products.
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