Freeport (NYSE: FCX) said third-quarter 2026 copper production was approximately 830 million pounds and gold production was approximately 230,000 ounces, both broadly in line with expectations.
The company expects third-quarter copper sales of approximately 750 million pounds and gold sales of approximately 100,000 ounces. Gold sales were affected by the deferral of about 60,000 ounces of refined gold from the third quarter to the fourth quarter in Indonesia.
- FCX estimated its third-quarter average realized copper price will exceed $6.50 per pound.
- Consolidated unit net cash costs are expected to be about 5% above the July estimate of $2.00 per pound of copper.
- Grasberg Block Cave mill throughput averaged approximately 140,000 metric tons of ore per day during the quarter.
- PTFI’s Eastern Java smelter restarted operations in late August 2026 following its temporary suspension.
- FCX plans to release third-quarter earnings before market open on October 27, 2026.
$FCX Insider Trading Activity
$FCX insiders have traded $FCX stock on the open market 5 times in the past 6 months. Of those trades, 0 have been purchases and 5 have been sales.
Here’s a breakdown of recent trading of $FCX stock by insiders over the last 6 months:
- DOUGLAS N. II CURRAULT (EVP & General Counsel) sold 80,000 shares for an estimated $6,284,464
- STEPHEN T. HIGGINS (EVP & CAO) has made 0 purchases and 2 sales selling 21,827 shares for an estimated $1,467,901.
- ELLIE L. MIKES (Chief Accounting Officer) sold 4,773 shares for an estimated $334,110
- LYDIA H KENNARD sold 3,798 shares for an estimated $300,470
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$FCX Hedge Fund Activity
We have seen 984 institutional investors add shares of $FCX stock to their portfolio, and 715 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- JPMORGAN CHASE & CO added 30,998,642 shares (+inf%) to their portfolio in Q2 2026, for an estimated $1,949,504,595
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 9,381,694 shares (+inf%) to their portfolio in Q2 2026, for an estimated $590,014,735
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP removed 9,380,069 shares (-83.4%) from their portfolio in Q2 2026, for an estimated $589,912,539
- D. E. SHAW & CO., INC. removed 7,557,495 shares (-58.6%) from their portfolio in Q2 2026, for an estimated $475,290,860
- BANK OF AMERICA CORP /DE/ removed 5,944,328 shares (-14.0%) from their portfolio in Q2 2026, for an estimated $373,838,787
- CAPITAL WEALTH PLANNING, LLC added 5,317,798 shares (+116823.3%) to their portfolio in Q2 2026, for an estimated $334,436,316
- VALUE ALIGNED RESEARCH ADVISORS, LLC removed 4,421,462 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $278,065,745
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$FCX Congressional Stock Trading
Members of Congress have traded $FCX stock 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $FCX stock by members of Congress over the last 6 months:
- REPRESENTATIVE JOSH GOTTHEIMER purchased up to $15,000 on 04/15.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.
