Nucor (NUE) is down 8.0% today. Here is some analysis on what might have caused this price movement. ([investors.nucor.com](https://investors.nucor.com/news/news-details/2026/Nucor-Reports-Results-for-the-Second-Quarter-of-2026/default.aspx?utm_source=openai))
Analysis: A clear company-specific catalyst was not obvious in the latest public filings or investor releases, so this could be a case of profit-taking after a sharp run-up in the shares. Nucor’s most recent quarterly report was strong, but the stock had already climbed rapidly into August, which may have left investors sensitive to valuation concerns and any cooling in steel-sector momentum. ([investors.nucor.com](https://investors.nucor.com/news/default.aspx?utm_source=openai))
Details:
Sources:
Nucor Investor Relations, SEC, MarketBeat, TIKR ([investors.nucor.com](https://investors.nucor.com/news/default.aspx?utm_source=openai))
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$NUE Insider Trading Activity
$NUE insiders have traded $NUE stock on the open market 26 times in the past 6 months. Of those trades, 0 have been purchases and 26 have been sales.
Here’s a breakdown of recent trading of $NUE stock by insiders over the last 6 months:
- LEON J TOPALIAN (Chair and CEO) has made 0 purchases and 6 sales selling 63,500 shares for an estimated $13,704,865.
- DAVID A SUMOSKI (Executive Vice President) has made 0 purchases and 2 sales selling 33,068 shares for an estimated $7,462,307.
- ALLEN C BEHR (Executive Vice President) has made 0 purchases and 5 sales selling 17,835 shares for an estimated $4,404,044.
- KENNETH REX QUERY (Executive Vice President) has made 0 purchases and 2 sales selling 13,529 shares for an estimated $3,400,843.
- DANIEL R. NEEDHAM (Executive Vice President) has made 0 purchases and 2 sales selling 12,888 shares for an estimated $2,912,688.
- JOHN J HOLLATZ (Executive Vice President) has made 0 purchases and 2 sales selling 10,560 shares for an estimated $2,729,291.
- NOAH C HANNERS (Executive Vice President) sold 6,472 shares for an estimated $1,465,908
- THOMAS J. BATTERBEE (Executive Vice President) sold 4,000 shares for an estimated $1,044,062
- MICHAEL D KELLER (Vice Pres. and Corp. Contro) sold 4,554 shares for an estimated $1,028,566
- STEPHEN D LAXTON (President and COO) sold 3,968 shares for an estimated $1,019,617
- RANDY J SPICER (Executive Vice President) sold 2,500 shares for an estimated $562,500
- BRADLEY FORD (Executive Vice President) has made 0 purchases and 2 sales selling 2,240 shares for an estimated $519,962.
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.
$NUE Hedge Fund Activity
We have seen 741 institutional investors add shares of $NUE stock to their portfolio, and 653 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BERKSHIRE HATHAWAY INC removed 2,049,323 shares (-52.5%) from their portfolio in Q2 2026, for an estimated $456,486,698
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 1,899,235 shares (+inf%) to their portfolio in Q2 2026, for an estimated $423,054,596
- JPMORGAN CHASE & CO added 1,421,933 shares (+inf%) to their portfolio in Q2 2026, for an estimated $316,735,575
- ACADIAN ASSET MANAGEMENT LLC added 910,037 shares (+19621.3%) to their portfolio in Q2 2026, for an estimated $202,710,741
- CITADEL ADVISORS LLC removed 846,124 shares (-77.5%) from their portfolio in Q2 2026, for an estimated $188,474,121
- BANK OF AMERICA CORP /DE/ added 845,668 shares (+68.6%) to their portfolio in Q2 2026, for an estimated $188,372,547
- SLATE PATH CAPITAL LP removed 782,700 shares (-38.3%) from their portfolio in Q2 2026, for an estimated $174,346,425
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.
$NUE Congressional Stock Trading
Members of Congress have traded $NUE 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 $NUE stock by members of Congress over the last 6 months:
- SENATOR ALAN ARMSTRONG purchased up to $15,000 on 03/27.
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.
$NUE Analyst Ratings
Wall Street analysts have issued reports on $NUE in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- JP Morgan issued a "Overweight" rating on 04/29/2026
To track analyst ratings and price targets for $NUE, check out Quiver Quantitative's $NUE forecast page.
$NUE Price Targets
Multiple analysts have issued price targets for $NUE recently. We have seen 10 analysts offer price targets for $NUE in the last 6 months, with a median target of $265.0.
Here are some recent targets:
- Lawson Winder from B of A Securities set a target price of $280.0 on 07/09/2026
- Samuel McKinney from Keybanc set a target price of $274.0 on 06/24/2026
- Carlos De Alba from Morgan Stanley set a target price of $258.0 on 06/22/2026
- Timna Tanners from Wells Fargo set a target price of $283.0 on 06/18/2026
- Bill Peterson from JP Morgan set a target price of $282.0 on 06/10/2026
- Richard Garchitorena from Barclays set a target price of $270.0 on 05/22/2026
- Alexander Hacking from Citigroup set a target price of $260.0 on 04/29/2026
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.
