GGB

GERDAU S.A.

NYSE · Steel Works, Blast Furnaces & Rolling & Finishing Mills · Inc. D5 · CIK 0001073404
$4.75 +1.93% $9.4B
Insider Selling Cluster (4 insiders)17 New Institutional Positions6 Institutional Exits
Vol
Market Cap$9.4B
Cap SizeMid Cap
Analyst ConsensusStrong Buy (85%)
Inst. Holders50 funds
Inst. Value$624.6M
Inst. Activity17 buys / 6 sells
Insider Activity0B / 21S
Insider Net $-$4.9M
SEC Reports11
Exchange NYSE·Sector Steel Works, Blast Furnaces & Rolling & Finishing Mills·Inc. D5·CIK 0001073404·Prev Close $4.66

Recent Activity

Jun 11, 2026 SEC
Institutional cluster in GGB (GERDAU S.A.) reveals divergent positioning: Causeway Capital doubled its stake (+169.2%, a
INST-CLUSTER — Impact 4/10
Jun 3, 2026 SEC
Two GGB insiders sold a combined $173K in open-market transactions on June 2, 2026. The total value is trivial relative
CLUSTER — Impact 2/10
Jun 2, 2026 Insider
Metz Mauricio sold 7,000 shares
$4.85 ($34.0K)
Jun 2, 2026 Insider
Wang Chia Yuan sold 30,935 shares
$4.49 ($138.9K)
May 28, 2026 SEC
Three GGB insiders sold a combined $84K in open-market transactions over an 8-day window. The total dollar value is only
CLUSTER — Impact 2/10
May 26, 2026 Insider
Metz Mauricio sold 5,000 shares
$4.70 ($23.5K)
Inst.
Capital World Investors — NEW
27,530,306 shares ($99.4M)
Inst.
BANK OF AMERICA CORP — DOUBLED
13,222,623 shares ($47.7M)

Price Targets

$5.40 +13.8% upside Buy
Current $4.75 Low $4.94 Median $5.46 High $5.66 5 analysts
$4.94 $5.66

Analyst Ratings

Strong Buy85% buy · 20 analysts
5Strong Buy
12Buy
3Hold
0Sell
0Strong Sell
Recent Analyst Actions
DateFirmActionRating
Apr 29, 2026 UBS MAINTAIN Buy → Buy
Apr 13, 2026 JP Morgan MAINTAIN Overweight → Overweight
Apr 2, 2026 UBS MAINTAIN Buy → Buy
Dec 15, 2025 UBS MAINTAIN Buy → Buy

Earnings Estimates

PeriodEPS Est.RangeGrowth#
Current Q $0.87 ▼ -8.1% $0.87 — $0.87 106% YoY 1
Next Q $0.91 ▲ +9.3% $0.91 — $0.91 68% YoY 1
Current FY $2.92 ▲ +3.4% $2.89 — $2.96 78% YoY 2
Next FY $2.87 ▲ +0.8% $2.62 — $3.27 -2% YoY 3

Top Institutional Holders

FundValueMove
NOMURA ASSET MANAGEMENT CO
Capital World Investors$99.4MNEW
TWO SIGMA INVESTMENTS, LP$93.3MTRIM
BANK OF AMERICA CORP$47.7MDOUBLED
DIMENSIONAL FUND ADVISORS LP$42.8M

Recent Insider Trades

DateInsiderTypeValue
Jun 2, 2026Metz MauricioSELL$34.0K
Jun 2, 2026Wang ChiaSELL$138.9K
May 26, 2026Metz MauricioSELL$23.5K
May 22, 2026Japur RafaelSELL$23.8K
May 19, 2026Peres CesarSELL$36.8K
50 institutional holders with $624.6M total value (173,140,002 shares) as of 2026-Q1. Top holders: NOMURA, Capital, TWO. Net buying activity: 17 institutions added/increased vs 6 reduced.

Top Institutional Holders — 2026-Q1

#FundSharesValue% of TrackedLast Move
1NOMURA ASSET MANAGEMENT CO LTD$0.000.0%
2Capital World Investors27,530,306$99.4M15.9%NEW
3TWO SIGMA INVESTMENTS, LP25,839,720$93.3M14.9%TRIM -49.9%
4BANK OF AMERICA CORP /DE/13,222,623$47.7M7.6%DOUBLED +11393.6%
5DIMENSIONAL FUND ADVISORS LP11,875,631$42.8M6.9%
6GOLDMAN SACHS GROUP INC10,994,119$39.7M6.4%
7RENAISSANCE TECHNOLOGIES LLC10,936,524$39.5M6.3%ADD +76.1%
8BlackRock, Inc.10,852,883$39.2M6.3%ADD +53.6%
9D. E. Shaw & Co., Inc.8,717,288$31.5M5.0%TRIM -49.0%
10MACKENZIE FINANCIAL CORP7,777,577$28.1M4.5%ADD +88.9%
11MORGAN STANLEY7,500,835$27.1M4.3%ADD +29.3%
12CAUSEWAY CAPITAL MANAGEMENT LLC6,841,155$24.7M4.0%DOUBLED +169.2%
13MASSACHUSETTS FINANCIAL SERVICES CO /MA/5,213,285$18.9M3.0%DOUBLED +292.8%
14STATE STREET CORP3,700,299$13.4M2.1%
15FIL Ltd2,691,023$9.7M1.6%
16Russell Investments Group, Ltd.2,688,791$9.3M1.5%DOUBLED +209.2%
17BNP Paribas Asset Management Holding S.A.2,087,069$7.5M1.2%DOUBLED +103.7%
18VANGUARD CAPITAL MANAGEMENT LLC2,020,287$7.3M1.2%
19Grantham, Mayo, Van Otterloo & Co. LLC1,574,740$5.7M0.9%DOUBLED +168.6%
20Amundi1,421,830$5.1M0.8%

Recent Position Changes

FundActionPrev SharesCurr SharesChange %ValueQuarter
Capital World InvestorsNEW27,530,306$99.4M2026-Q1
BANK OF AMERICA CORP /DE/DOUBLED115,04313,222,623+11393.6%$47.7M2026-Q1
RENAISSANCE TECHNOLOGIES LLCADD6,211,32410,936,524+76.1%$39.5M2026-Q1
BlackRock, Inc.ADD7,067,52810,852,883+53.6%$39.2M2026-Q1
MACKENZIE FINANCIAL CORPADD4,117,2537,777,577+88.9%$28.1M2026-Q1
MORGAN STANLEYADD5,802,5857,500,835+29.3%$27.1M2026-Q1
MASSACHUSETTS FINANCIAL SERVICES CO /MA/DOUBLED1,327,0665,213,285+292.8%$18.9M2026-Q1
Russell Investments Group, Ltd.DOUBLED869,6992,688,791+209.2%$9.3M2026-Q1
BNP Paribas Asset Management Holding S.A.DOUBLED1,024,3922,087,069+103.7%$7.5M2026-Q1
Grantham, Mayo, Van Otterloo & Co. LLCDOUBLED586,1911,574,740+168.6%$5.7M2026-Q1
SEI INVESTMENTS CODOUBLED282,1931,078,917+282.3%$3.9M2026-Q1
Point72 Asset Management, L.P.TRIM2,072,395880,433-57.5%$3.2M2026-Q1
MARSHALL WACE, LLPTRIM1,882,450586,600-68.8%$2.1M2026-Q1
Invesco Ltd.ADD286,302505,291+76.5%$1.8M2026-Q1
Neuberger Berman Group LLCADD192,899241,214+25.0%$870.8K2026-Q1
Daiwa Securities Group Inc.ADD97,536138,536+42.0%$500.1K2026-Q1
Connor, Clark & Lunn Investment Management Ltd.NEAR_EXIT719,20774,784-89.6%$270.0K2026-Q1
XPONANCE LLCDOUBLED20,57074,669+263.0%$269.6K2026-Q1
Magnetar Financial LLCADD34,11459,890+75.6%$216.2K2026-Q1
FMR LLCNEAR_EXIT98,651,80510,956-100.0%$39.6K2026-Q1
GROUP ONE TRADING LLCTRIM11,3907,584-33.4%$27.4K2026-Q1
Rockefeller Capital Management L.P.DOUBLED1,1856,007+406.9%$21.7K2026-Q1
Capital International InvestorsEXIT27,415,4340-100.0%$0.002026-Q1
RENAISSANCE TECHNOLOGIES LLCTRIM10,857,1486,211,324-42.8%$22.9M2025-Q4
MACKENZIE FINANCIAL CORPADD2,280,0934,117,253+80.6%$15.3M2025-Q4
8 unique insiders with 22 transactions. Net insider value: -$4.9M ($0.00 bought, $4.9M sold).

Insider Transactions

DateInsiderTitleTypeSharesPriceValue
Jun 2, 2026Metz MauricioSELL7,000$4.85$34.0K
Jun 2, 2026Wang Chia YuanSELL30,935$4.49$138.9K
May 26, 2026Metz MauricioSELL5,000$4.70$23.5K
May 22, 2026Japur Rafael DornelesSELL5,000$4.75$23.8K
May 19, 2026Peres Cesar Obino da RosaOfficerSELL8,000$4.60$36.8K
May 13, 2026Metz MauricioSELL5,000$4.85$24.3K
May 8, 2026Da Cunha Gustavo WerneckCEO and Board MemberAWARD432,774
May 8, 2026Da Cunha Gustavo WerneckCEO and Board MemberSELL432,854$4.87$2.1M
May 5, 2026Wang Chia YuanSELL40,000$4.75$190.0K
May 5, 2026Metz MauricioSELL2,000$4.69$9.4K
Apr 30, 2026Wang Chia YuanSELL20,000$4.54$90.8K
Apr 28, 2026Uhlein ClemirSELL38,276$4.51$172.6K
Apr 28, 2026Wang Chia YuanSELL76,700$4.49$344.4K
Apr 28, 2026Metz MauricioSELL1,000$4.53$4.5K
Apr 28, 2026Da Cunha Gustavo WerneckCEO and Board MemberSELL88,000$4.50$396.0K
Apr 10, 2026Wang Chia YuanSELL25,000$4.21$105.3K
Apr 9, 2026Da Cunha Gustavo WerneckCEO and Board MemberSELL50,000$4.16$208.0K
Apr 9, 2026Wahrhaftig Marcos Eduardo FaracoSELL12,419$4.06$50.4K
Apr 8, 2026Da Cunha Gustavo WerneckCEO and Board MemberSELL50,000$4.01$200.5K
Apr 8, 2026Wang Chia YuanSELL34,000$4.00$136.0K
Mar 20, 2026Johannpeter Guilherme Chagas GerdauSELL85,607$3.29$281.6K
Mar 20, 2026Johannpeter Guilherme Chagas GerdauSELL85,607$3.29$281.6K
11 SEC filing reports analyzed. Sentiment: 1 bullish, 1 bearish, 2 mixed, 7 neutral. Avg impact: 3.2/10.

No press releases analyzed yet. Press releases are collected from GlobeNewsWire and analyzed by the LLM pipeline.

Current analyst consensus: Strong Buy (85% buy). Based on 20 analysts: 5 strong buy, 12 buy, 3 hold, 0 sell, 0 strong sell.

Analyst Price Targets

$5.40 mean target +13.8% upside Buy (2.00)
$4.94 Low $5.66 High
MetricValue
Current Price$4.75
Target Low$4.94
Target Mean$5.40
Target Median$5.46
Target High$5.66
# Analysts5
RecommendationBuy (2.00)

Earnings Estimates & Revisions

PeriodEPS AvgEPS LowEPS HighEPS Growth30d Rev.Up/DownRev. AvgRev. GrowthAnalysts
Current Q
2026-06-30
$0.87 $0.87 $0.87 106.2% -8.1% 0↑ 1↓ $17.1B -2.4% 1
Next Q
2026-09-30
$0.91 $0.91 $0.91 67.9% +9.3% 1↑ 0↓ $18.3B 1.6% 1
Current FY
2026-12-31
$2.92 $2.89 $2.96 77.7% +3.4% 1↑ 0↓ $70.4B 0.8% 2
Next FY
2027-12-31
$2.87 $2.62 $3.27 -1.8% +0.8% 1↑ 0↓ $72.9B 3.5% 3

Current Quarter EPS Revision History

TimepointEPS EstimateChange
Current$0.866
7d ago$0.942-0.076
30d ago$0.942-0.076
60d ago$0.795+0.071
90d ago$0.000+0.866
2 analyst firms have rated this stock: 0 upgrades, 0 downgrades, 0 initiations.

Individual Analyst Actions

DateAnalyst FirmActionPrevious RatingNew Rating
Apr 29, 2026 UBS MAINTAIN Buy Buy
Apr 13, 2026 JP Morgan MAINTAIN Overweight Overweight
Apr 2, 2026 UBS MAINTAIN Buy Buy
Dec 15, 2025 UBS MAINTAIN Buy Buy

Monthly Consensus History

PeriodStrong BuyBuyHoldSellStrong SellBuy %Distribution
Jun 1, 202651230085%
May 1, 202651230085%
Apr 1, 202651230085%
Mar 1, 202651050075%
Feb 1, 202651140080%
Jan 1, 202651320090%
Strong BuyBuyHoldSellStrong Sell

No congressional trading data available for this ticker. Data is sourced from Senate and House financial disclosure filings.

No Reddit sentiment data available yet. Sentiment is analyzed from Reddit investment communities on a rolling basis.

May 19, 2026
short_volume
Short Volume: GGB — 64.1% short (9.4M / 14.7M)
Short: 9,429,567 | Exempt: 42,427 | TRF Vol: 14,711,334 | Short Ratio: 64.1% | Off-exchange volume (dark pool + OTC)
May 13, 2026
short_interest
FTD: GGB — 516,808 shares ($2.5M) failed to deliver
Settlement: 20260513, Price: $4.79, FTD Value: $2,475,510.32, GERDAU S.A. ADS (REPTG 1 PREF
Apr 13, 2026
short_volume
Short Volume: GGB — 56.5% short (3.7M / 6.5M)
Short: 3,662,760 | Exempt: 2,288 | TRF Vol: 6,478,621 | Short Ratio: 56.5% | Off-exchange volume (dark pool + OTC)
Apr 7, 2026
short_volume
Short Volume: GGB — 59.3% short (4.4M / 7.5M)
Short: 4,439,309 | Exempt: 17,545 | TRF Vol: 7,484,606 | Short Ratio: 59.3% | Off-exchange volume (dark pool + OTC)
Apr 6, 2026
short_volume
Short Volume: GGB — 59.7% short (4.0M / 6.7M)
Short: 4,013,071 | Exempt: 0 | TRF Vol: 6,726,235 | Short Ratio: 59.7% | Off-exchange volume (dark pool + OTC)
Apr 2, 2026
short_volume
Short Volume: GGB — 63.1% short (7.1M / 11.3M)
Short: 7,145,351 | Exempt: 24,204 | TRF Vol: 11,326,467 | Short Ratio: 63.1% | Off-exchange volume (dark pool + OTC)
Mar 31, 2026
short_volume
Short Volume: GGB — 55.3% short (4.6M / 8.3M)
Short: 4,573,227 | Exempt: 8,300 | TRF Vol: 8,272,728 | Short Ratio: 55.3% | Off-exchange volume (dark pool + OTC)
Mar 30, 2026
short_volume
Short Volume: GGB — 59.8% short (4.4M / 7.3M)
Short: 4,386,304 | Exempt: 9,827 | TRF Vol: 7,336,668 | Short Ratio: 59.8% | Off-exchange volume (dark pool + OTC)
Mar 27, 2026
short_volume
Short Volume: GGB — 59.9% short (4.3M / 7.1M)
Short: 4,257,219 | Exempt: 39,271 | TRF Vol: 7,101,687 | Short Ratio: 59.9% | Off-exchange volume (dark pool + OTC)
Mar 3, 2026
short_interest
FTD: GGB — 228,948 shares ($0.9M) failed to deliver
Settlement: 20260303, Price: $3.98, FTD Value: $911,213.04, GERDAU S.A. ADS (REPTG 1 PREF