Alcoa Corporation (AA) is down 4.5% today. Here is some analysis on what might have caused this price movement.
Analysis: The most likely driver is continued investor caution around Alcoa’s large debt financing for its pending South32 asset acquisition, combined with a broader selloff in materials stocks on a day when Treasury yields moved higher. Aluminum prices were also slightly softer in the latest daily market data, which may have added pressure to sentiment.
Details:
Sources:
SEC, Alcoa, AP, London Metal Exchange
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$AA Insider Trading Activity
$AA insiders have traded $AA stock on the open market 3 times in the past 6 months. Of those trades, 0 have been purchases and 3 have been sales.
Here’s a breakdown of recent trading of $AA stock by insiders over the last 6 months:
- TAMMI A JONES (EVP & CHRO) sold 15,628 shares for an estimated $790,733
- MATTHEW T REED (EVP, Chief Operations Officer) sold 4,600 shares for an estimated $215,372
- RENATO BACCHI (EVP & Chief Commercial Officer) sold 700 shares for an estimated $35,713
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.
$AA Hedge Fund Activity
We have seen 359 institutional investors add shares of $AA stock to their portfolio, and 420 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FMR LLC added 4,143,328 shares (+32.2%) to their portfolio in Q2 2026, for an estimated $216,033,121
- D. E. SHAW & CO., INC. added 3,453,058 shares (+2600.2%) to their portfolio in Q2 2026, for an estimated $180,042,444
- DIMENSIONAL FUND ADVISORS LP removed 2,779,366 shares (-32.2%) from their portfolio in Q2 2026, for an estimated $144,916,143
- EAGLE CAPITAL MANAGEMENT LLC removed 2,217,555 shares (-15.7%) from their portfolio in Q2 2026, for an estimated $115,623,317
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 2,081,181 shares (+inf%) to their portfolio in Q2 2026, for an estimated $108,512,777
- MILLENNIUM MANAGEMENT LLC added 2,049,217 shares (+720.0%) to their portfolio in Q2 2026, for an estimated $106,846,174
- JPMORGAN CHASE & CO added 2,018,371 shares (+inf%) to their portfolio in Q2 2026, for an estimated $105,237,863
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.
$AA Price Targets
Multiple analysts have issued price targets for $AA recently. We have seen 7 analysts offer price targets for $AA in the last 6 months, with a median target of $68.0.
Here are some recent targets:
- Lawson Winder from B of A Securities set a target price of $51.0 on 07/09/2026
- Timna Tanners from Wells Fargo set a target price of $72.0 on 07/09/2026
- Bill Peterson from JP Morgan set a target price of $55.0 on 07/09/2026
- Carlos De Alba from Morgan Stanley set a target price of $53.0 on 07/08/2026
- Nick Giles from B. Riley Securities set a target price of $80.0 on 07/07/2026
- Daniel Major from UBS set a target price of $68.0 on 06/30/2026
- Katja Jancic from BMO Capital set a target price of $75.0 on 04/09/2026
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
