We just received data on a new analyst forecast for $NEM. Raymond James gave a rating of 'Outperform' for $NEM.
$NEM Analyst Ratings
Wall Street analysts have issued reports on $NEM in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Raymond James issued a "Outperform" rating on 04/04/2025
- Goldman Sachs issued a "Buy" rating on 01/13/2025
To track analyst ratings and price targets for $NEM, check out Quiver Quantitative's $NEM forecast page.
$NEM Price Targets
Multiple analysts have issued price targets for $NEM recently. We have seen 2 analysts offer price targets for $NEM in the last 6 months, with a median target of $53.5.
Here are some recent targets:
- Daniel Major from UBS set a target price of $54.0 on 10/30/2024
- Josh Wolfson from RBC Capital set a target price of $53.0 on 10/24/2024
$NEM Insider Trading Activity
$NEM insiders have traded $NEM stock on the open market 17 times in the past 6 months. Of those trades, 1 have been purchases and 16 have been sales.
Here’s a breakdown of recent trading of $NEM stock by insiders over the last 6 months:
- NATASCHA VILJOEN (EVP & COO) has made 0 purchases and 4 sales selling 34,799 shares for an estimated $1,461,214.
- THOMAS RONALD PALMER (President & CEO) has made 0 purchases and 2 sales selling 26,000 shares for an estimated $1,131,520.
- PETER TOTH (EVP, Chief Sustain & Dev Off) has made 0 purchases and 6 sales selling 18,000 shares for an estimated $786,300.
- HARRY M. IV CONGER purchased 9,498 shares for an estimated $400,335
- BRUCE R BROOK has made 0 purchases and 4 sales selling 8,308 shares for an estimated $363,599.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$NEM Hedge Fund Activity
We have seen 451 institutional investors add shares of $NEM stock to their portfolio, and 717 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- AMERIPRISE FINANCIAL INC removed 8,764,517 shares (-90.7%) from their portfolio in Q4 2024, for an estimated $326,215,322
- DEUTSCHE BANK AG\ removed 8,560,958 shares (-55.4%) from their portfolio in Q4 2024, for an estimated $318,638,856
- UBS GROUP AG added 6,253,570 shares (+75.1%) to their portfolio in Q4 2024, for an estimated $232,757,875
- NEUBERGER BERMAN GROUP LLC removed 3,708,249 shares (-63.2%) from their portfolio in Q4 2024, for an estimated $138,021,027
- ORBIS ALLAN GRAY LTD removed 3,619,762 shares (-39.3%) from their portfolio in Q4 2024, for an estimated $134,727,541
- BLACKROCK, INC. removed 2,648,628 shares (-2.2%) from their portfolio in Q4 2024, for an estimated $98,581,934
- FMR LLC removed 2,617,740 shares (-37.1%) from their portfolio in Q4 2024, for an estimated $97,432,282
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
