Insider Cluster (3 insiders) ·Filed Apr 28, 2026

GGB

GERDAU S.A.
NEUTRAL
Impact 2/10
Horizondays Processed5mo ago
Insider cluster: 3 insiders, $0.5M total
Actionable Insight • Neutral

The dollar amount is trivial relative to market cap — no actionable signal. Monitor next quarterly earnings for any fundamental deterioration, but this cluster alone does not warrant a trade.

DirectionNeutral
Confidencehigh
Horizondays
Final — all horizons settled through T+60d ⚠ clustered
GGB ▲ +5.76% at T+60d
NEUTRAL call ✓ call won +5.76% · α vs SPY +1.78% · entry $4.51 → $4.77
Entry anchored
Apr 27, 03:59 PM ET
via exchange tick
T+1d
-1.77%
call -1.77% · α -1.76%
$4.43
settled 5mo ago
T+5d
-0.22%
call -0.22% · α -1.91%
$4.50
settled 5mo ago
T+20d
+3.77%
call +3.77% · α -1.70%
$4.68
settled 4mo ago
T+60d
+5.76%
call +5.76% · α +1.78%
$4.77
settled 2mo ago

Price Chart

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Executive Summary

Three Gerdau insiders sold a combined $522K in open-market transactions on April 28, 2026. The total value is only 0.006% of the $8.7B market cap, making this a routine, immaterial cluster with no bearish signal.

Key Financial Metrics

Direction
selling
Total Value
$521.5K
Insiders
3

Key Facts

  • Three insiders sold shares on April 28, 2026
  • Total sales: $521,538
  • Largest seller: Wang Chia Yuan ($344,383)
  • Total value is 0.006% of $8.7B market cap
  • No C-suite executives involved — all non-officer insiders

Financial Impact

$522K in insider sales, representing 0.006% of market cap

insider holdings

Risk Factors

  • Insider selling could accelerate if steel demand weakens
  • No C-suite participation reduces signal value

Market Snapshot

Exchange
NYSE
Sector
Steel Works, Blast Furnaces & Rolling & Finishing Mills
Analyst Consensus
85% bullish (20 analysts)

Investment Themes

Materials & Mining

Documents Analyzed

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

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-GGB-1777584538090
16 reports for GGB
Performance horizon
50% Hit rate 2 of 4 directional calls best @ T+60▲ +10.39%Jun 15, 2026
Filters
Rows
Reports for GGB — sortable, filterable
TypeNow
Aug 14, 2026
7w ago
Insider Cluster
NEUTRAL ★ 2/10
$4.74 $4.89▲ +3.16%▲ +5.16%$4.81 (+1.48%)
Aug 12, 2026
7w ago
Insider Cluster
NEUTRAL ★ 2/10
$4.83 $5.10▲ +5.59%▲ +7.49%$4.81 (−0.41%)
Aug 5, 2026
8w ago
6-K
BULLISH ★ 6/10
$5.14 $4.97▼ −3.31%▼ −2.71%$4.81 (−6.42%)
Jul 21, 2026
10w ago
6-K
NEUTRAL ★ 3/10
$4.64 $4.67▲ +0.65%▼ −1.92%$4.81 (+3.66%)
Jun 15, 2026
15w ago
6-K
BULLISH ★ 5/10
$4.62 $4.61▼ −0.22%▼ −0.42%$4.81 (+4.11%)
Jun 11, 2026
16w ago
Institutional Cluster
MIXED ★ 4/10
$4.66 $4.41▼ −5.36%▼ −7.26%$4.81 (+3.22%)
Jun 3, 2026
17w ago
Insider Cluster
NEUTRAL ★ 2/10
$4.71 $4.07▼ −13.59%▼ −12.22%$4.81 (+2.12%)
May 28, 2026
18w ago
Insider Cluster
NEUTRAL ★ 2/10
$4.50 $4.13▼ −8.22%▼ −6.43%$4.81 (+6.89%)
May 22, 2026
19w ago
Insider Cluster
NEUTRAL ★ 2/10
$4.75 $4.17▼ −12.16%▼ −10.75%$4.81 (+1.26%)
May 5, 2026
21w ago
Insider Cluster
NEUTRAL ★ 2/10
$4.80 $4.89▲ +1.88%▼ −3.08%$4.81 (+0.21%)
Showing 10 of 16

US Market Status

Market Closed — Opens Mon (37h 4m)

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Report published Apr 30, 2026