GGB GERDAU S.A.

NEUTRAL Impact: 2/10 Insider Cluster (3 insiders)
Horizon days Filed May 28, 2026 Processed 17d 12h ago
Insider cluster: 3 insiders, $0.1M total
Latest settled — T+5d
GGB ▲ +5.56% at T+5d
NEUTRAL call ✓ call won +5.56% · α vs SPY +5.85% · entry $4.50 → $4.75
Next anchor: T+20d in 11d
Last close $4.75 (close Jun 12) · +5.56% from $4.50 entry
Entry anchored
May 28, 03:59 PM ET
via Databento tick
T+1d
+1.33%
call +1.33% · α +1.06%
$4.56
settled 17d ago
T+5d
+5.56%
call +5.56% · α +5.85%
$4.75
settled 11d ago
T+20d
call — · α —
in 11d
T+60d
call — · α —
in 2mo

Price Chart

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Executive Summary

Three GGB insiders sold a combined $84K in open-market transactions over an 8-day window. The total dollar value is only ~0.0009% of the company's $9.3B market cap, making these sales immaterial from a proportionality standpoint. The trades lack the seniority and dollar concentration needed to signal anything beyond routine portfolio management or liquidity needs.

Key Financial Metrics

Direction
selling
Total Value
$84.0K
Insiders
3

Actionable Insight

These sales are too small to warrant a trading response. Monitor for any C-suite insider purchases or larger cluster sales (>$500K or >0.1% of market cap) that would carry a meaningful signal. Until then, this cluster does not change the investment thesis.

Key Facts

  • Three insiders sold a combined $84K worth of GGB shares in open-market transactions from May 19 to May 26, 2026.
  • Total sales represent approximately 0.0009% of GGB's $9.3B market cap — far below the 0.1% threshold for materiality.
  • None of the sellers are C-suite executives; no CEO, CFO, or other top officer participated.
  • No insider purchases were recorded in the cluster window to offset the selling.

Financial Impact

$84,000 total insider sales over 8 days

Risk Factors

  • Insider sales are directionless at this dollar level; no material risk to infer.
  • If future insider sales accelerate in size or C-suite participation, that could signal deteriorating internal sentiment.

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-1779999083334
11 reports for GGB
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for GGB — sortable, filterable
Type Now
Jun 11, 2026
3d ago
Institutional Cluster
MIXED ★ 4/10
$4.53 awaiting T+1awaiting T+1$4.75 (+4.86%)
Jun 3, 2026
11d ago
Insider Cluster
NEUTRAL ★ 2/10
$4.71 $4.59▼ −2.55%▲ +0.05%$4.75 (+0.85%)
May 28, 2026
17d ago
Insider Cluster
NEUTRAL ★ 2/10
$4.50 $4.56▲ +1.33%▲ +1.06%$4.75 (+5.56%)
May 22, 2026
23d ago
Insider Cluster
NEUTRAL ★ 2/10
$4.75 $4.68▼ −1.47%▼ −2.06%$4.75 (0.00%)
May 5, 2026
5w ago
Insider Cluster
NEUTRAL ★ 2/10
$4.80 $4.93▲ +2.71%▲ +1.32%$4.75 (−1.04%)
Apr 28, 2026
6w ago
6-K
MIXED ★ 5/10
$4.51 $4.43▼ −1.77%▼ −1.76%$4.75 (+5.32%)
Apr 28, 2026
6w ago
Insider Cluster
NEUTRAL ★ 2/10
$4.51 $4.43▼ −1.77%▼ −1.76%$4.75 (+5.32%)
Apr 28, 2026
6w ago
Insider Cluster
NEUTRAL ★ 2/10
$4.51 $4.43▼ −1.77%▼ −1.76%$4.75 (+5.32%)
Apr 28, 2026
6w ago
Insider Cluster
NEUTRAL ★ 2/10
$4.51 $4.43▼ −1.77%▼ −1.76%$4.75 (+5.32%)
Apr 16, 2026
8w ago
6-K
BULLISH ★ 6/10
$4.30 $4.28▼ −0.47%▼ −0.27%$4.75 (+10.47%)
Showing 10 of 11

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