Today, a Director at AK Steel Holding (NYSE: AKS), William K. Gerber, sold shares of AKS for $55.68K.
In addition to William K. Gerber, one other AKS executive reported Sell trades in the last month.
See today’s analyst top recommended stocks >>
Based on AK Steel Holding’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $1.66 billion and quarterly net profit of $28.6 million. In comparison, last year the company earned revenue of $1.53 billion and had a net profit of $62.4 million. Currently, AK Steel Holding has an average volume of 12.7M.
Nine different firms, including Merrill Lynch and Citigroup, currently also have a Sell rating on the stock. Based on 7 analyst ratings, the analyst consensus is Moderate Sell with an average price target of $4.82, reflecting a -4.1% downside.
The insider sentiment on AK Steel Holding has been negative according to 83 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Company insider trades’ information is brought to you by the DailyInsider, a proprietary algorithm that analyzes insider trading activity to detect the most attractive trading opportunities. To subscribe to the DailyInsider visit this page.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
AK Steel Holding Corp. engages in the production of flat-rolled carbon; stainless and electrical steels; and tubular products through its wholly-owned subsidiary, AK Steel Corp. The firm operates steelmaking and finishing plants; coke plants; and tube manufacturing plants. It also produces metallurgical coal.
