Newmont (NYSE:NEM) Trading Down 4.3% After Insider Selling

Newmont Corporation (NYSE:NEM)’s stock price was down 4.3% on Wednesday following insider selling activity. The company traded as low as $105.32 and last traded at $106.29. Approximately 14,713,234 shares changed hands during mid-day trading, an increase of 47% from the average daily volume of 10,006,306 shares. The stock had previously closed at $111.04.

Specifically, insider David James Fry sold 18,394 shares of the business’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of $111.45, for a total value of $2,050,011.30. Following the completion of the transaction, the insider directly owned 17,147 shares of the company’s stock, valued at approximately $1,911,033.15. The trade was a 51.75% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on NEM. Bank of America lifted their target price on Newmont from $134.00 to $151.00 and gave the company a “buy” rating in a research note on Thursday, February 26th. Royal Bank Of Canada raised their price target on shares of Newmont from $120.00 to $125.00 and gave the company an “outperform” rating in a report on Tuesday, February 3rd. Stifel Nicolaus lifted their price objective on shares of Newmont from $120.00 to $175.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. TD Cowen boosted their price objective on shares of Newmont from $89.00 to $120.00 and gave the stock a “hold” rating in a research note on Thursday, January 22nd. Finally, Wall Street Zen raised shares of Newmont from a “hold” rating to a “buy” rating in a research report on Sunday, March 8th. Three research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $134.15.

Newmont News Roundup

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Wall Street support and price targets: Several analysts have maintained buy/outperform ratings and the median price target in recent updates sits above the current price, giving a cushion for upside if bullion stabilizes. QuiverQuant: Newmont falls 3.2%
• Positive Sentiment: Dividend reaffirmation: Management reaffirmed the quarterly dividend in recent disclosures, which supports the company’s income profile for investors focused on yield. Yahoo Finance: Newmont Is Down 5.8%
• Neutral Sentiment: Planned, routine 10b5‑1 sale: Newmont disclosed an officer’s scheduled sale under a 10b5‑1 plan (small block), which is typically pre‑arranged and not an immediate red flag. TipRanks: Executive schedules routine sale
• Neutral Sentiment: Market reporting of the drop: Coverage notes Newmont’s share decline versus the broader market, summarizing the same drivers below as context for traders. Zacks: Newmont suffers larger drop
• Negative Sentiment: Gold weakness and 2026 guidance: Analysts and market writeups point to a softer gold backdrop (dollar strength and Fed rate expectations) and investor focus on Newmont’s 2026 outlook — which flags lower production and higher AISC — making the stock more sensitive on down days for bullion. QuiverQuant: Gold cools and investors refocus
• Negative Sentiment: Insider open‑market sale: A senior insider (David James Fry) sold ~18,394 shares (~$2.05M) recently, cutting his stake materially — transactions of this size can amplify negative sentiment, especially alongside broader selling. SEC Form 4: Insider sale
• Negative Sentiment: Macro/inflation pressure: Coverage highlights that recent U.S. inflation prints and market reaction pressured gold and raised questions about the resilience of Newmont’s cash returns under a weaker gold price scenario. Yahoo Finance: Inflation-driven gold weakness

Newmont Trading Down 4.3%

The stock has a market cap of $115.63 billion, a price-to-earnings ratio of 16.63, a P/E/G ratio of 0.86 and a beta of 0.39. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.29 and a quick ratio of 2.02. The company’s fifty day moving average price is $118.86 and its 200-day moving average price is $99.25.

Newmont (NYSE:NEM) last released its earnings results on Thursday, February 19th. The basic materials company reported $2.52 EPS for the quarter, topping analysts’ consensus estimates of $1.81 by $0.71. Newmont had a net margin of 31.25% and a return on equity of 23.28%. The company had revenue of $6.82 billion during the quarter, compared to analysts’ expectations of $6.18 billion. During the same period last year, the business earned $1.40 EPS. Newmont’s revenue for the quarter was up 20.6% on a year-over-year basis. On average, research analysts expect that Newmont Corporation will post 3.45 EPS for the current fiscal year.

Newmont Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Tuesday, March 3rd will be paid a $0.26 dividend. This is a positive change from Newmont’s previous quarterly dividend of $0.25. The ex-dividend date is Tuesday, March 3rd. This represents a $1.04 dividend on an annualized basis and a yield of 1.0%. Newmont’s dividend payout ratio (DPR) is 16.28%.

Institutional Trading of Newmont

A number of institutional investors and hedge funds have recently added to or reduced their stakes in NEM. GoalVest Advisory LLC acquired a new stake in shares of Newmont during the fourth quarter worth about $25,000. Physician Wealth Advisors Inc. increased its holdings in Newmont by 327.8% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 308 shares of the basic materials company’s stock worth $26,000 after buying an additional 236 shares during the period. Swiss RE Ltd. purchased a new position in Newmont during the 4th quarter worth approximately $26,000. Cornerstone Planning Group LLC lifted its stake in Newmont by 312.1% during the 4th quarter. Cornerstone Planning Group LLC now owns 272 shares of the basic materials company’s stock valued at $27,000 after acquiring an additional 206 shares during the period. Finally, JPL Wealth Management LLC acquired a new stake in Newmont during the 3rd quarter valued at approximately $27,000. Institutional investors and hedge funds own 68.85% of the company’s stock.

Newmont Company Profile

Newmont Corporation (NYSE: NEM) is a leading global gold mining company engaged in the exploration, development, processing and reclamation of gold properties. The company’s core business centers on the production of gold, with additional byproduct metals produced from its operations. Newmont operates a portfolio of long‑lived mines and development projects, and its activities span the full mine life cycle from early-stage exploration through to mining, milling and closure.

Founded in 1921 and headquartered in Greenwood Village, Colorado, Newmont has grown through organic development and strategic acquisitions.