Market Cap
$9.3B
GGB
GERDAU S.A.
$5.01 ▲ +4.16%
Prev close $4.81Market cap$9.3B
ConsensusBuy
12-mo target$5.59 (+11.6%)
▲ Bullish
Analyst conviction 7/10
Insider Selling Cluster (2 insiders)32 New Institutional Positions13 Institutional Exits Materials & Mining
Snapshot
The big-picture read on GGB right now — valuation, ownership and activity at a glance.
Cap Size
Mid Cap
Analyst Consensus
Buy (67%)
Inst. Holders
50 funds
Inst. Value
$915.2M
Inst. Activity
32 buys / 13 sells
Insider Activity
$781.5K buy / $6.1M sell
Insider Net $
-$5.4M
SEC Reports
16
Price chart 30d +1.2%
Daily candles (open–high–low–close) with volume. Green = up day, red = down day.
No data for this timeframe.
Vol
Recent activity
The latest filings, insider trades, analyst actions, press and options flow — newest first.
Oct 1, 2026 short_volume
Short Volume: GGB — 57.7% short (3.5M / 6.1M)
Short: 3,497,600 | Exempt: 16,385 | TRF Vol: 6,066,684 | Short Ratio: 57.7% | Off-exchange volume (d
Sep 23, 2026 Insider
Johannpeter Claudio sold 85,607 shares
$4.94 ($422.9K)
Sep 17, 2026 Insider
Aug 14, 2026 SEC Lopes Rafael Gamboa sold 51,800 shares
$5.09 ($263.7K)
Three Gerdau insiders sold a combined $226K of shares in open-market transactions between June 1-8, 2026, a negligible 0
CLUSTER — Impact 2/10
Two GGB insiders sold a combined $541K in shares over a week, with the largest sale ($490K) by director Johannpeter Andr
CLUSTER — Impact 2/10
Aug 10, 2026 Insider
Aug 5, 2026 SEC Johannpeter Andre Bier Gerdau sold 99,200 shares
$4.94 ($490.0K)
Gerdau S.A. reported strong 2Q26 results with adjusted EBITDA of R$3.4 billion (+16% QoQ, +34% YoY) and adjusted net inc
6-K — Impact 6/10
Jun 30, 2026 Inst.
UBS AM, a distinct — DOUBLED
25,745,217 shares ($104.0M)
Analyst ratings buy % -25.6%
How Wall Street rates the stock today, and the latest firm-by-firm actions.
67% rate it Buy or better · 21 analysts
Recent analyst actions
| Date | Firm | Action | Rating | Firm rating |
|---|---|---|---|---|
| Sep 4, 2026 | JP Morgan | MAINTAIN | Overweight | 55% |
| Aug 27, 2026 | UBS | MAINTAIN | Buy | 55% |
| Jun 25, 2026 | JP Morgan | MAINTAIN | Overweight | 55% |
| Apr 29, 2026 | UBS | MAINTAIN | Buy | 55% |
| Apr 13, 2026 | JP Morgan | MAINTAIN | Overweight | 55% |
Monthly consensus history
| Period | Str. Buy | Buy | Hold | Sell | Str. Sell | Buy % | Distribution |
|---|---|---|---|---|---|---|---|
| Sep 1, 2026 | 4 | 10 | 7 | 0 | 0 | 67% | |
| Aug 1, 2026 | 5 | 12 | 3 | 0 | 0 | 85% | |
| Jul 1, 2026 | 5 | 12 | 3 | 0 | 0 | 85% | |
| Jun 1, 2026 | 5 | 12 | 3 | 0 | 0 | 85% | |
| May 1, 2026 | 5 | 12 | 3 | 0 | 0 | 85% | |
| Apr 1, 2026 | 5 | 12 | 3 | 0 | 0 | 85% | |
| Mar 1, 2026 | 5 | 10 | 5 | 0 | 0 | 75% | |
| Feb 1, 2026 | 5 | 11 | 4 | 0 | 0 | 80% |
Price targets
Where 5 covering analysts think GGB trades over the next 12 months.
$5.59 +11.6% upside Buy
Current$5.01 Low$4.94 Median$5.57 High$6.38 5 analysts
$4.94$6.38
Analyst rating None as of Oct 2, 2026
Reports & filings
AI-scored summaries of recent SEC filings and press releases, with sentiment and impact.
16 SEC filing reports analyzed · 3 bullish, 1 bearish, 2 mixed, 10 neutral · avg impact 3.3/10.
NEUTRALCLUSTER2/10
Three Gerdau insiders sold a combined $226K of shares in open-market transactions between June 1-8,
Aug 14, 2026
NEUTRALCLUSTER2/10
Two GGB insiders sold a combined $541K in shares over a week, with the largest sale ($490K) by direc
Aug 13, 2026
BULLISH6-K6/10
Gerdau S.A. reported strong 2Q26 results with adjusted EBITDA of R$3.4 billion (+16% QoQ, +34% YoY)
Aug 5, 2026
NEUTRAL6-K3/10
Gerdau completed the acquisition of a 23.03% equity stake in Dona Francisca Energética S.A. (DFESA)
Jul 21, 2026
Upcoming & catalyst events
Scheduled dates plus disclosed catalysts — earnings, dividends, enforcement, FDA and clinical-trial events. Colored dot = impact.
Oct 1, 2026
short_volume
Short Volume: GGB — 57.7% short (3.5M / 6.1M)
Short: 3,497,600 | Exempt: 16,385 | TRF Vol: 6,066,684 | Short Ratio: 57.7% | Off-exchange volume (dark pool + OTC)
Sep 28, 2026
short_volume
Short Volume: GGB — 57.6% short (2.4M / 4.2M)
Short: 2,430,578 | Exempt: 2,157 | TRF Vol: 4,219,142 | Short Ratio: 57.6% | Off-exchange volume (dark pool + OTC)
Sep 21, 2026
short_volume
Short Volume: GGB — 62.9% short (2.8M / 4.5M)
Short: 2,842,725 | Exempt: 9,206 | TRF Vol: 4,521,206 | Short Ratio: 62.9% | Off-exchange volume (dark pool + OTC)
Sep 18, 2026
short_volume
Short Volume: GGB — 73.1% short (4.6M / 6.3M)
Short: 4,625,431 | Exempt: 4,012 | TRF Vol: 6,327,251 | Short Ratio: 73.1% | Off-exchange volume (dark pool + OTC)
Sep 17, 2026
short_volume
Short Volume: GGB — 56.6% short (2.6M / 4.5M)
Short: 2,569,924 | Exempt: 500 | TRF Vol: 4,537,177 | Short Ratio: 56.6% | Off-exchange volume (dark pool + OTC)
Earnings estimates
Forecast earnings per share and revenue by period — and whether estimates are rising.
| Period | EPS Est. | Range | Growth | 30d Rev | Up/Dn | Revenue | # |
|---|---|---|---|---|---|---|---|
| Current Q | $0.98 | $0.89–$1.08 | 82.2% | +17.9% | 1↑ 0↓ | $18.9B | 2 |
| Next Q | $0.68 | $0.59–$0.76 | 97.5% | +27.1% | 1↑ 0↓ | $17.6B | 2 |
| Current FY | $2.87 | $2.74–$3.13 | 74.7% | +6.3% | 2↑ 0↓ | $70.7B | 3 |
| Next FY | $3.01 | $2.38–$3.47 | 4.6% | +0.1% | 1↑ 1↓ | $73.1B | 3 |
Current-quarter EPS estimate — revision history
| When | EPS estimate | Change vs now |
|---|---|---|
| Current | $0.984 | — |
| 7d ago | $1.078 | -0.094 |
| 30d ago | $0.834 | +0.150 |
| 60d ago | $0.801 | +0.183 |
| 90d ago | $0.907 | +0.077 |
Institutional ownership
Which big funds own GGB (from quarterly 13F filings) and who is adding or trimming.
50 institutional holders with $915.2M total value (226,324,422 shares) as of 2026-Q2. Top holders: NOMURA, Capital, UBS. Net buying activity: 32 institutions added/increased vs 13 reduced.
Top holders — 2026-Q2
| Fund | Shares | Value | % Tracked | Last move |
|---|---|---|---|---|
| NOMURA ASSET MANAGEMENT CO LTD | 0 | $0.00 | 0.0% | — |
| Capital World Investors | 26,902,473 | $108.7M | 11.9% | NEW |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 25,745,217 | $104.0M | 11.4% | DOUBLED +1323.5% |
| BlackRock, Inc. | 18,225,403 | $73.6M | 8.0% | ADD +67.9% |
| TWO SIGMA INVESTMENTS, LP | 15,383,237 | $62.1M | 6.8% | — |
| MACKENZIE FINANCIAL CORP | 14,638,321 | $59.1M | 6.5% | ADD +88.2% |
| DIMENSIONAL FUND ADVISORS LP | 11,394,004 | $46.1M | 5.0% | — |
| FMR LLC | 10,392,607 | $42.0M | 4.6% | DOUBLED +94757.7% |
| SEI INVESTMENTS CO | 9,218,764 | $37.2M | 4.1% | DOUBLED +754.4% |
| AMERICAN CENTURY COMPANIES INC | 7,238,674 | $29.2M | 3.2% | — |
Recent position changes
| Fund | Action | Prev | Current | Change | Value |
|---|---|---|---|---|---|
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | DOUBLED | 1,808,555 | 25,745,217 | +1323.5% | $104.0M |
| BlackRock, Inc. | ADD | 10,852,883 | 18,225,403 | +67.9% | $73.6M |
| MACKENZIE FINANCIAL CORP | ADD | 7,777,577 | 14,638,321 | +88.2% | $59.1M |
| FMR LLC | DOUBLED | 10,956 | 10,392,607 | +94757.7% | $42.0M |
| SEI INVESTMENTS CO | DOUBLED | 1,078,917 | 9,218,764 | +754.4% | $37.2M |
| RENAISSANCE TECHNOLOGIES LLC | TRIM | 10,936,524 | 6,902,124 | -36.9% | $27.9M |
| MILLENNIUM MANAGEMENT LLC | DOUBLED | 2,772,077 | 6,817,870 | +145.9% | $27.5M |
| Russell Investments Group, Ltd. | ADD | 2,688,791 | 5,233,642 | +94.6% | $21.6M |
| GOLDMAN SACHS GROUP INC | TRIM | 10,994,119 | 4,337,530 | -60.5% | $17.5M |
| Assenagon Asset Management S.A. | NEW | — | 4,032,490 | — | $16.3M |
Insider activity
Buying and selling by company executives and directors (SEC Form 4).
12 insiders, 29 transactions. Net -$5.4M — $781.5K bought, $6.1M sold.
| Date | Insider | Title | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Sep 23, 2026 | Johannpeter Claudio | SELL | 85,607 | $4.94 | $422.9K | |
| Sep 17, 2026 | Lopes Rafael Gamboa | SELL | 51,800 | $5.09 | $263.7K | |
| Aug 10, 2026 | Johannpeter Andre Bier Gerdau | SELL | 99,200 | $4.94 | $490.0K | |
| Aug 6, 2026 | Japur Rafael Dorneles | SELL | 10,000 | $5.10 | $51.0K | |
| Jul 15, 2026 | Wahrhaftig Marcos Eduardo Faraco | AWARD | 107,749 | $3.75 | $404.1K | |
| Jun 12, 2026 | Da Cunha Gustavo Werneck | CEO and Board Member | BUY | 165,224 | $4.73 | $781.5K |
| Jun 8, 2026 | Mattiello Marcos Zilles | SELL | 10,387.111 | $5.11 | $53.1K | |
| Jun 2, 2026 | Metz Mauricio | SELL | 7,000 | $4.85 | $34.0K | |
| Jun 2, 2026 | Wang Chia Yuan | SELL | 30,935 | $4.49 | $138.9K | |
| May 26, 2026 | Metz Mauricio | SELL | 5,000 | $4.70 | $23.5K |
Short interest & halts
FINRA semi-monthly short positions, Reg SHO threshold status, and recent trading halts for GGB.
Shares short
43,249,432
Settlement Sep 15, 2026
Change vs prior
+19.8%
Semi-monthly cycle
Days to cover
3.8
At avg daily volume
Of shares outstanding
≈2.2%
Estimate — not % of float
All GGB filing & press-release reports (16)
- CLUSTER reportAug 14, 2026
- CLUSTER reportAug 13, 2026
- 6-K reportAug 5, 2026
- 6-K reportJul 21, 2026
- 6-K reportJun 15, 2026
- INST-CLUSTER reportJun 11, 2026
- CLUSTER reportJun 3, 2026
- CLUSTER reportMay 28, 2026
- CLUSTER reportMay 22, 2026
- CLUSTER reportMay 12, 2026
- CLUSTER reportMay 8, 2026
- CLUSTER reportMay 7, 2026
- CLUSTER reportApr 30, 2026
- 6-K reportApr 28, 2026
- 6-K reportApr 16, 2026
- CLUSTER reportApr 13, 2026