Kaiser Aluminum director sells 8,500 shares of stock

Kaiser Aluminum Corp. Director Leeuwen Thomas Melton Van unloaded 8,500 shares of Kaiser Aluminum Corp. stock on the open market in a transaction that occurred on Friday, February 28th. The shares were sold at an average price of $70.27, for a total transaction of $597,295.00. Following the completion of the sale, the director now directly owns 6,769 shares in the company, valued at approximately $475,658. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

KALU has been the subject of a number of recent research reports. Analysts at Stifel Nicolaus raised their price target on shares of Kaiser Aluminum Corp. from $75.00 to $80.00 in a research note on Wednesday, January 15th. They now have a “buy” rating on the stock. Separately, analysts at Zacks upgraded shares of Kaiser Aluminum Corp. from an “underperform” rating to a “neutral” rating in a research note on Monday, December 23rd. They now have a $69.60 price target on the stock. Finally, analysts at Goldman Sachs initiated coverage on shares of Kaiser Aluminum Corp. in a research note on Friday, December 13th. They set a “neutral” rating on the stock. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $75.15.

Shares of Kaiser Aluminum Corp. traded up 0.03% on Monday, hitting $70.57. The stock had a trading volume of 118,878 shares. Kaiser Aluminum Corp. has a 52 week low of $57.67 and a 52 week high of $73.47. The stock’s 50-day moving average is $68.86 and its 200-day moving average is $68.96. The company has a market cap of $1.270 billion and a P/E ratio of 12.97.

Kaiser Aluminum Corporation is engaged in the production of semi-fabricated specialty aluminum products.

Copyright and Exemption Declaration :¢ÙAll articles, pictures and videos that are marked with "China Aluminum Network" on this website are copyright and belong to China Aluminium Network (www.alu.com.cn). When transshipment, any media, website or individual must list the source from "China Aluminium Network (www.alu.com.cn)". We seek legal actions against anyone that disobey this. ¢ÚArticles that marked as copy from others are for transferring more information to readers, do not represent or endorse their opinions or accuracy and reliability. When other media, website or individuals copy from our website, must keep the source. Anyone that changes the articles' sources will hold the responsibilities for copyright and law problems. We also seek legal actions against anyone that disobey this. ¢ÛIf any articles copied by our website concern the copyright and other problems, please contact us within one week.