Insider Cluster (5 insiders) ·Filed May 5, 2026

CSTM

CONSTELLIUM SE
NEUTRAL
Impact 3/10
Horizondays Processed4mo ago
Insider cluster: 5 insiders, $2.3M total
Actionable Insight • Neutral

The insider selling cluster is too small relative to market cap to warrant action. Monitor for any material corporate events (earnings, guidance, M&A) that could explain the sales, but treat this as routine portfolio diversification. The cross-filing amplifier verdicts are not applicable here since the standalone impact is minimal.

DirectionNeutral
Confidencehigh
Horizondays
Final — all horizons settled through T+60d
CSTM ▼ -13.32% at T+60d
NEUTRAL call ✗ call lost -13.32% · α vs SPY -16.06% · entry $32.96 → $28.57
Entry anchored
May 4, 03:59 PM ET
via exchange tick
T+1d
+1.12%
call +1.12% · α -0.26%
$33.33
settled 5mo ago
T+5d
+1.06%
call +1.06% · α -0.92%
$33.31
settled 5mo ago
T+20d
+9.44%
call +9.44% · α +4.48%
$36.07
settled 4mo ago
T+60d
-13.32%
call -13.32% · α -16.06%
$28.57
settled 2mo ago

Price Chart

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Executive Summary

Five Constellium insiders, including the CFO and a director, sold a total of $2.25M in open-market sales over a 7-day window. The cluster is dominated by the CFO ($822K) and SVP Brun ($902K), representing 0.05% of the $4.5B market cap — a trivial proportion. The sales lack a regular pattern suggesting 10b5-1 plans, but the dollar amount is immaterial relative to company size, and insider sales are weak predictors per academic literature.

Key Financial Metrics

Direction
selling
Total Value
$2.3M
Insiders
5

Key Facts

  • Five insiders sold $2.25M total in open-market sales over May 5-12, 2026
  • CFO Jack Q. Guo sold 25.2K shares for $822K
  • SVP Nicolas Brun sold 26.7K shares for $902K
  • Total sales represent only 0.05% of Constellium's $4.5B market cap
  • No 10b5-1 pattern detected — sales are irregular in timing and size
  • Insider cluster sales are not informative per academic literature (Alldredge 2019)

Financial Impact

Total insider sales of $2.25M, or 0.05% of market cap — immaterial

Risk Factors

  • CFO selling $822K could signal personal concerns about valuation, though amount is small relative to likely total holdings
  • No 10b5-1 plan identified — sales are discretionary, but still within normal diversification range

Market Snapshot

Exchange
NYSE
Sector
Secondary Smelting & Refining of Nonferrous Metals
Analyst Consensus
80% bullish (10 analysts)

Investment Themes

Materials & Mining

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-CSTM-1778708747893
21 reports for CSTM
Performance horizon
33% Hit rate 2 of 6 directional calls best @ T+20▲ +12.34%Apr 15, 2026
Filters
Rows
Reports for CSTM — sortable, filterable
TypeNow
Jul 10, 2026
12w ago
Press Release
NEUTRAL ★ 2/10
$29.28 $29.44▲ +0.55%▼ −1.88%$24.66 (−15.78%)
May 26, 2026
18w ago
Press Release
BULLISH ★ 7/10
$35.28 $32.81▼ −7.00%▼ −5.05%$24.66 (−30.10%)
May 18, 2026
19w ago
Insider Cluster
NEUTRAL ★ 3/10
$32.25 $34.18▲ +5.98%▲ +4.40%$24.66 (−23.53%)
May 5, 2026
21w ago
Insider Cluster
NEUTRAL ★ 3/10
$32.96 $36.07▲ +9.44%▲ +4.48%$24.66 (−25.18%)
May 1, 2026
22w ago
Insider Cluster
NEUTRAL ★ 4/10
$32.01 $34.69▲ +8.37%▲ +3.09%$24.66 (−22.96%)
May 1, 2026
22w ago
Insider Cluster
NEUTRAL ★ 5/10
$32.01 $34.69▲ +8.37%▲ +3.09%$24.66 (−22.96%)
May 1, 2026
22w ago
Insider Cluster
NEUTRAL ★ 3/10
$32.01 $34.69▲ +8.37%▲ +3.09%$24.66 (−22.96%)
May 1, 2026
22w ago
Insider Cluster
NEUTRAL ★ 3/10
$32.01 $34.69▲ +8.37%▲ +3.09%$24.66 (−22.96%)
May 1, 2026
22w ago
Insider Cluster
NEUTRAL ★ 2/10
$32.01 $34.69▲ +8.37%▲ +3.09%$24.66 (−22.96%)
Apr 29, 2026
22w ago
Press Release
BULLISH ★ 8/10
$32.23 $33.96▲ +5.37%▼ −0.09%$24.66 (−23.49%)
Showing 10 of 21

US Market Status

Market Closed — Opens Mon (36h 11m)

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Report published May 13, 2026