REalloys (NASDAQ:ALOY) Stock Price Down 8.6% After Insider Selling

REalloys Inc (NASDAQ:ALOY) shares fell 8.6% on Friday after an insider sold shares in the company. The stock traded as low as $12.89 and last traded at $12.9550. 409,768 shares traded hands during mid-day trading, a decline of 38% from the average session volume of 665,747 shares. The stock had previously closed at $14.18.

Specifically, insider Gust Kepler sold 62,000 shares of the firm’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $12.89, for a total transaction of $799,180.00. Following the completion of the sale, the insider directly owned 414,218 shares of the company’s stock, valued at $5,339,270.02. This trade represents a 13.02% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Analyst Ratings Changes

A number of equities analysts recently issued reports on ALOY shares. Weiss Ratings restated a “sell (d-)” rating on shares of REalloys in a report on Wednesday, January 21st. Wall Street Zen raised REalloys from a “sell” rating to a “hold” rating in a report on Sunday, March 8th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

REalloys Price Performance

The firm has a market capitalization of $690.46 million, a P/E ratio of -10.33 and a beta of 1.45. The company’s 50 day moving average price is $13.41 and its 200 day moving average price is $9.83.

REalloys (NASDAQ:ALOY) last announced its quarterly earnings data on Monday, February 23rd. The company reported ($0.40) EPS for the quarter. The firm had revenue of $0.63 million during the quarter. REalloys had a negative return on equity of 96.75% and a negative net margin of 182.07%.

Hedge Funds Weigh In On REalloys

Hedge funds and other institutional investors have recently made changes to their positions in the company. Franklin Resources Inc. bought a new stake in shares of REalloys in the fourth quarter worth about $741,000. Canton Hathaway LLC acquired a new stake in shares of REalloys during the fourth quarter worth about $95,000. Corient Private Wealth LLC bought a new position in shares of REalloys during the 2nd quarter valued at about $62,000. Pekin Hardy Strauss Inc. bought a new position in shares of REalloys during the 4th quarter valued at about $81,000. Finally, Geode Capital Management LLC grew its position in shares of REalloys by 5.7% in the 4th quarter. Geode Capital Management LLC now owns 26,267 shares of the company’s stock valued at $213,000 after purchasing an additional 1,422 shares during the period. 3.58% of the stock is owned by institutional investors.

About REalloys

REalloys Inc operates as a rare earth metals and permanent magnet company in North America. The company produces rare earth metals, such as neodymium, praseodymium, dysprosium, terbium, samarium, gadolinium, yttrium, and scandium; and magnets, such as NdFeB Magnets, SmFe12 Magnets, and MnBi Magnets. The company was founded in 2024 and is headquartered in Euclid, Ohio.