Century Aluminum (NASDAQ:CENX) Trading Down 5.7% After Insider Selling

Century Aluminum Company (NASDAQ:CENX) dropped 5.7% during trading on Monday following insider selling activity. The stock traded as low as $46.53 and last traded at $45.9140. Approximately 631,327 shares changed hands during mid-day trading, a decline of 69% from the average daily volume of 2,055,997 shares. The stock had previously closed at $48.71.

Specifically, CEO Jesse E. Gary sold 150,000 shares of the firm’s stock in a transaction on Friday, January 23rd. The stock was sold at an average price of $48.19, for a total value of $7,228,500.00. Following the completion of the sale, the chief executive officer owned 292,580 shares of the company’s stock, valued at $14,099,430.20. This trade represents a 33.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link.

Wall Street Analysts Forecast Growth

CENX has been the subject of several research reports. BMO Capital Markets upped their price objective on shares of Century Aluminum from $30.00 to $34.00 and gave the stock an “outperform” rating in a report on Friday, November 7th. Wells Fargo & Company increased their price target on shares of Century Aluminum from $46.00 to $61.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 13th. Weiss Ratings restated a “hold (c)” rating on shares of Century Aluminum in a report on Wednesday, January 21st. Finally, Zacks Research downgraded Century Aluminum from a “strong-buy” rating to a “hold” rating in a report on Monday, January 19th. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $41.00.

Key Headlines Impacting Century Aluminum

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

• Positive Sentiment: Century agreed to join EGA as a 40% partner in a planned Oklahoma primary aluminum smelter — a strategic move that gives CENX meaningful participation in what EGA says will be the first new U.S. smelter in almost 50 years and signals a long‑term growth pathway for the company. Century to take 40% of project to build first US aluminum smelter in 46 years
• Positive Sentiment: The planned plant is large — reports cite roughly 750,000 tons of annual capacity — and would materially expand U.S. primary aluminum supply and CENX’s addressable market if built and operated successfully. That scale supports optimism about future revenue and asset value upside. CENX and EGA Partner to Build Primary Aluminum Smelter in Oklahoma
• Positive Sentiment: Brokerage/news pieces highlighting strong shareholder returns and renewed growth narrative (multi‑year CAGR headlines) may reinforce investor enthusiasm for CENX as a growth & value play. Century Aluminum (NASDAQ:CENX) shareholders have earned a 38% CAGR over the last five years
• Neutral Sentiment: Reported short-interest data in the latest filing appears anomalous (showing zero shares / NaN change), so it’s not a meaningful signal for immediate trading pressure. Monitor for corrected filings.
• Negative Sentiment: The CEO disclosed a sale of roughly $7.23M in CENX stock, which can be read as insider liquidity-taking and may temper some investor enthusiasm until more context (reason for sale, ongoing insider buying/sale program) is provided. Century Aluminum (NASDAQ:CENX) CEO Sells $7,228,500.00 in Stock

Century Aluminum Trading Up 6.0%

The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.79 and a current ratio of 1.71. The company has a market cap of $4.46 billion, a P/E ratio of 56.26 and a beta of 2.26. The stock has a 50-day moving average of $37.61 and a two-hundred day moving average of $29.99.

Century Aluminum (NASDAQ:CENX) last released its earnings results on Thursday, November 6th. The industrial products company reported $0.56 EPS for the quarter, missing the consensus estimate of $0.79 by ($0.23). Century Aluminum had a return on equity of 12.83% and a net margin of 3.47%.The company had revenue of $632.20 million during the quarter, compared to the consensus estimate of $629.85 million. During the same period last year, the firm posted $0.63 earnings per share. The company’s revenue was up .7% compared to the same quarter last year. On average, equities research analysts predict that Century Aluminum Company will post 2.76 earnings per share for the current year.

Institutional Trading of Century Aluminum

Institutional investors have recently bought and sold shares of the company. Farther Finance Advisors LLC lifted its stake in shares of Century Aluminum by 1,291.8% in the second quarter. Farther Finance Advisors LLC now owns 1,364 shares of the industrial products company’s stock worth $25,000 after buying an additional 1,266 shares in the last quarter. Jones Financial Companies Lllp bought a new stake in shares of Century Aluminum during the first quarter valued at approximately $25,000. Private Trust Co. NA purchased a new position in Century Aluminum in the 4th quarter worth approximately $28,000. EverSource Wealth Advisors LLC lifted its position in Century Aluminum by 253.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,822 shares of the industrial products company’s stock valued at $33,000 after acquiring an additional 1,306 shares in the last quarter. Finally, Advisory Services Network LLC purchased a new stake in Century Aluminum during the 3rd quarter valued at $34,000. 61.59% of the stock is owned by hedge funds and other institutional investors.

About Century Aluminum

Century Aluminum Company is a primary aluminum producer that develops and operates smelters designed to supply low-carbon, high-purity aluminum products to a range of industrial and commercial markets. Established in 1995, the company has grown to become a significant North American aluminum producer with an expanding international footprint. Century Aluminum is headquartered in the United States and is focused on energy-efficient operations and cost management.

The company’s core operations include three primary aluminum smelting facilities located in Hawesville, Kentucky; Mount Holly, South Carolina; and Grundartangi, Iceland.