GGB GERDAU S.A.

NEUTRAL Impact: 2/10 Insider Cluster (2 insiders)
Horizon immediate Filed May 22, 2026 Processed 1d 13h ago
Insider cluster: 2 insiders, $61K total

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Executive Summary

Two GGB insiders sold a combined $61K in open-market transactions over a week, with the most recent sale by an officer at $4.60/share. The total dollar value is negligible relative to GGB's $9.3B market cap (0.0007%), making this a routine liquidity-driven cluster with no material informational content.

Key Financial Metrics

Direction
selling
Total Value
$61.0K
Insiders
2

Actionable Insight

This is a routine, low-value insider selling cluster with no actionable signal. The $61K in sales is trivial for a $9.3B company and likely reflects personal liquidity or tax planning. No trading action warranted.

Key Facts

  • Two insiders sold shares totaling $61K in open-market transactions from May 12-19, 2026
  • Total sales represent ~0.0007% of GGB's $9.3B market cap
  • Officer Peres Cesar Obino da Rosa sold 8,000 shares at $4.60 on May 19
  • Insider Metz Mauricio sold 5,000 shares at $4.85 on May 13
  • No insider purchases were reported in the cluster window

Financial Impact

Total insider sales of $61K are immaterial relative to $9.3B market cap

insider_ownership

Risk Factors

  • Insider selling could accelerate if broader steel sector headwinds emerge
  • No purchases to offset the selling signal

Market Snapshot

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

Documents Analyzed

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

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-GGB-1779454077016
8 reports for GGB
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for GGB — sortable, filterable
Type Now
May 22, 2026
1d ago
Insider Cluster
NEUTRAL ★ 2/10
$4.71 awaiting T+5awaiting T+5$4.75 (+0.96%)
May 5, 2026
19d ago
Insider Cluster
NEUTRAL ★ 2/10
$4.80 $4.79▼ −0.21%▼ −2.19%$4.75 (−1.04%)
Apr 28, 2026
25d ago
6-K
MIXED ★ 5/10
$4.51 $4.50▼ −0.22%▼ −1.91%$4.75 (+5.32%)
Apr 28, 2026
26d ago
Insider Cluster
NEUTRAL ★ 2/10
$4.51 $4.80▲ +6.43%▲ +4.74%$4.75 (+5.32%)
Apr 28, 2026
26d ago
Insider Cluster
NEUTRAL ★ 2/10
$4.51 $4.80▲ +6.43%▲ +4.74%$4.75 (+5.32%)
Apr 28, 2026
26d ago
Insider Cluster
NEUTRAL ★ 2/10
$4.51 $4.50▼ −0.22%▼ −1.91%$4.75 (+5.32%)
Apr 16, 2026
5w ago
6-K
BULLISH ★ 6/10
$4.30 $4.31▲ +0.23%▼ −0.32%$4.75 (+10.47%)
Apr 8, 2026
6w ago
Insider Cluster
BEARISH ★ 6/10
$3.97 $4.31▼ −8.56%▼ −5.05%$4.75 (−19.65%)
Showing 8 of 8

US Market Status

Market Closed — Opens Tue (34h 51m)

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