AA Stock: Insider Activity, Filings & Research
Drillr aggregates AI research, SEC filings, earnings signals and alt-data for AA. 12 published articles.
Insider Activity
Over the trailing 90-day window, there were no open-market purchases or sales by insiders at AA, resulting in net insider buying of $0. The insider sentiment score stands at 50/100, indicating neutral positioning. Despite the absence of insider transactional activity, the stock posted a 31.3% price return over the period, while institutional 13F filings show an accumulating trend. The neutral insider signal contrasts with broad institutional appetite for the name.
Updated Jun 4, 2026 · based on SEC Form 4 filings · not investment advice
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| May 12, 2026 | HUGHES JAMES ALTONdirector | Grant | 2,532 | — |
| May 12, 2026 | de Oliveira Marques Robertodirector | Grant | 2,532 | — |
| May 12, 2026 | Citrino Mary Annedirector | Grant | 2,532 | — |
| May 12, 2026 | Bevan John Adirector | Grant | 2,532 | — |
| May 12, 2026 | Field Alistairdirector | Grant | 2,532 | — |
| May 12, 2026 | Gorman Thomas Josephdirector | Grant | 2,532 | — |
| May 12, 2026 | Roberts Carol Ldirector | Grant | 2,532 | — |
| May 12, 2026 | Fiore Pasqualedirector | Grant | 2,532 | — |
| May 12, 2026 | Galovich Briandirector | Grant | 2,532 | — |
| May 12, 2026 | Roberts Jackson Princedirector | Grant | 2,532 | — |
| Apr 17, 2026 | Olson Emily M.officer: EVP & Chief Ext. Aff. Officer | Grant | 8,760 | — |
| Feb 25, 2026 | Beerman Molly S.officer: EVP & CFO | Grant | 6,990 | — |
| Feb 25, 2026 | Jones Tammi Aofficer: EVP & CHRO | Tax | 16 | $59.81 |
| Feb 25, 2026 | Beerman Molly S.officer: EVP & CFO | Tax | 3,040 | $59.81 |
| Feb 25, 2026 | Jones Tammi Aofficer: EVP & CHRO | Tax | 2,059 | $59.81 |
Source: AA SEC Form 4 filings, latest May 12, 2026. For informational purposes only — not investment advice.
Research
Hormuz Blockade: XOM, CVX Surge as Copper Miners FCX, BHP Stumble — AA Surprise
US Hormuz blockade plans sparked copper price drops and aluminum spread spikes, favoring oil majors like XOM, CVX, and OXY while pressuring copper miners FCX and BHP. Alcoa emerges as a metals winner. Ranked picks prioritize energy scale over mining exposure.
XOMCVXOXYSteel Tariffs 25%: STLD Hits Shipment Record and AA Margins Surge on Trump Overhaul
WSJ-reported Trump tariff overhaul proposes 25% duties on finished steel/aluminum, boosting STLD's shipment records and AA's EBITDA rebound. Stocks popped on news, with analysis showing margin tailwinds outweigh risks. Bullish stance with specific upside targets.
XSTLDAA and CENX Jump 2%+ as Iran Airstrike Tightens Global Aluminum Supply
An airstrike on Iran's IRALCO smelter April 7, 2026, tightens global aluminum supply, boosting US producers Alcoa and Century Aluminum via higher LME prices and premiums. Both stocks rallied 2%+ that day, backed by strong FY2025 financials and low valuations. Bullish outlook as war risks favor domestic capacity.
CENXIran Airstrike Squeezes Aluminum Supply — AA, CENX Among Top 5 Winners
Airstrike on Iran's IRALCO on April 7, 2026, tightens aluminum supply, favoring US producers CENX, AA, CSTM, KALU, and RIO with higher premiums and margins. CENX tops conviction on pure-play smelting and 14% revenue growth; all show strong TTM gains amid 71% EBITDA surges for leaders.
CENXKALUCSTMQatar Alumina Disruption Hits Global Smelters — Pricing Impact and Winner Analysis
QatarEnergy's gas supply disruption has forced the Qatalum smelter to operate at ~60% capacity, removing approximately 235,000 metric tons of annualized aluminum production from global supply. Alcoa (AA) is best positioned as a vertically integrated beneficiary on both alumina pricing and aluminum supply tightness, while Century Aluminum (CENX) offers higher-beta upside but trades at stretched valuations with thin margins vulnerable to input cost spikes.
CENXNHYACHAlcoa vs Century Aluminum: Side-by-Side in a Supply-Disrupted Market
Alcoa dominates Century Aluminum on profitability (14.6% vs 6.0% EBITDA margin) and balance sheet strength (net cash vs 2.7x net debt/EBITDA), but Century's 203% one-year stock surge reflects the market pricing in tariff-driven upside and the transformative Mississippi smelter project. Alcoa is the quality play at 13.1x forward earnings; Century is the higher-beta policy bet.
CENXHow do Alcoa and Century's cost curves compare as US smelter capacity ramps in 2026?
Alcoa's vertically integrated model delivers a 13.6% gross margin versus Century's 10.4%, with an even wider EBITDA margin gap of 14.6% vs 6.0%. Alcoa enters 2026 essentially debt-free with $1.6B in cash, while Century carries $548M in debt and faces massive capex for its Kentucky greenfield smelter. Alcoa offers better risk-adjusted exposure; Century is the higher-beta bet contingent on successful smelter execution.
CENXWhich US aluminum smelter benefits more from tariff protection — Alcoa's integrated model or Century's pure-play?
Century Aluminum captures more tariff upside per revenue dollar due to its concentrated US smelting footprint and high Midwest Premium exposure, making it the higher-beta tariff play at 7.4x forward P/E. Alcoa's vertically integrated model delivers structurally superior margins (14.6% vs 5.6% EBITDA) and a fortress balance sheet with near-zero debt, offering better downside protection across commodity cycles.
CENXWhich non-Qatar alumina sources can ramp to fill the supply gap?
The Qatar alumina supply disruption creates a meaningful but manageable gap in seaborne markets. Alcoa's ~2 million tonne trading book offers the fastest response, Rio Tinto's vertically integrated system is neutral to slightly negative for external supply, and Chinese exports act as a price ceiling rather than structural replacement. Medium-term relief depends on Indian and Indonesian refinery buildouts over 2026–2028.
RIOBHPACHHow much alumina price uplift does Alcoa capture from Qatar supply disruptions in Q1?
Alcoa enters Q1 2026 positioned to capture significant alumina price uplift from Qatar supply disruptions, with its vertically integrated refinery network of 9.7–9.9 million tons of annual production providing direct exposure. The Q1 2025 template — when elevated alumina prices drove EBITDA to $869M and EPS to $2.07 — demonstrates how each $50/ton alumina price move translates to roughly $500M in annualized EBITDA, creating an asymmetric setup against consensus expectations of $1.18 EPS.
CENXNHYWhat does Mt. Holly's 100% restart mean for US domestic aluminum self-sufficiency?
Century Aluminum's $50M restart of Mt. Holly to 100% capacity (~220,000+ tonnes/year) is on track for summer 2026, representing a ~10% increase in US primary aluminum production. With Q1 FY2026 adjusted EBITDA guided at $215–235M and a new greenfield smelter in the pipeline, the restart is a concrete step toward reducing US import dependence, though execution risk and aluminum price cyclicality remain key concerns.
CENXACHHow much incremental aluminum capacity does Grundartangi's full restoration add to the global market?
Century Aluminum's Grundartangi smelter restoration by end of July 2026 adds an estimated 130,000–155,000 annualized tonnes back to global aluminum supply — roughly 0.2% of world output. While small in percentage terms, the incremental volume is meaningful in a structurally tight Western aluminum market and positions CENX for a significant EBITDA step-up in FY2026, with Q1 guided at $215–$235 million.
CENXNHY
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