Howmet Aerospace CEO, EVP Sell $156 Million Shares Amid Insider Exits
Howmet Aerospace CEO, EVP Sell $156 Million Shares Amid Insider Exits

Howmet Aerospace CEO, EVP Sell $156 Million Shares Amid Insider Exits

News summary

Recent insider transactions at Howmet Aerospace highlight significant stock sales by top executives, with CEO John Plant selling 800,000 shares primarily for estate and tax planning, while EVP of Human Resources Neil Edward Marchuk sold 30,000 shares valued at approximately $4.7 million. These sales occurred despite the company's strong financial performance, marked by record-breaking Q1 2025 results, including a 6% year-over-year revenue increase to $1.94 billion and a Fitch credit rating upgrade. Analysts maintain an "Outperform" rating with an average price target slightly above current levels, reflecting optimism about Howmet's growth in aerospace sectors such as Fastening Systems and Engineered Structures. However, some valuation metrics suggest caution, with GuruFocus estimating a potential downside based on historical multiples, contrasting with positive earnings momentum and improved margins. Insider selling below current share prices may raise concerns, but executives retain significant holdings, signaling continued confidence in the company's long-term prospects amid economic uncertainties. Overall, Howmet Aerospace's robust operational results and strategic shareholder returns have bolstered investor sentiment despite recent insider selling.

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