Yesterday, the EVP, CFO & Treas of Freeport-McMoRan (FCX), Kathleen Quirk, bought shares of FCX for $524K.
This recent transaction increases Kathleen Quirk’s holding in the company by 5.74% to a total of $9.77 million. In addition to Kathleen Quirk, 2 other FCX executives reported Buy trades in the last month.
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FCX’s market cap is $15.02B and the company has a P/E ratio of 9.73. Currently, Freeport-McMoRan has an average volume of 19.85M.
Based on 4 analyst ratings, the analyst consensus is Hold with an average price target of $14.50, reflecting a 36.7% upside.
In the last 30 days, insiders have sold $1.63M worth of FCX shares and purchased $2.27M worth of FCX shares. The insider sentiment on Freeport-McMoRan has been positive according to 27 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
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Freeport-McMoRan, Inc. engages in the mining of copper, gold, and molybdenum. It operates through the following segments: North America Copper Mines; South America Mining; Indonesia Mining; Molybdenum Mines; Rod and Refining; Atlantic Copper Smelting and Refining; and Corporate, Other, and Eliminations.
