Mark C. Rodgers, the Managing Director for Africa-Asia Pacific at Newmont Corp (NYSE:NEM), executed a sale of 1,361 common shares on March 3, 2026, disposing of stock at $120.78 per share for total gross proceeds of $164,381.
The transaction was carried out under a previously arranged Rule 10b5-1 trading plan that Rodgers implemented on November 24, 2025. After completing the sale, Rodgers directly holds 25,756 shares of Newmont common stock.
The stock was trading at $119.37 at the time the sale was reported, a level noted as being close to the executive’s transaction price.
Context from market performance and research services
Newmont has produced a strong equity performance over the past year, delivering a total return of 176% during that period. According to InvestingPro analysis cited in company coverage, the shares are viewed as undervalued relative to their Fair Value estimate. The analysis also notes that Newmont has maintained dividend payments for 56 consecutive years.
The InvestingPro commentary referenced in market notes points users to additional premium research and tips available through its Pro Research Reports covering Newmont and more than 1,400 other U.S. equities.
Recent analyst activity
Brokerage and research firms have been active on Newmont. JPMorgan initiated coverage with an Overweight rating, projecting production growth from 5.3 million ounces in fiscal 2026 to about 6 million ounces by fiscal 2029, which implies roughly a 5% compound growth rate, and forecasting an EBITDA margin near 67%.
Bernstein has raised its view on Newmont to an Outperform rating from Market Perform, citing a favorable stance on gold and the stock’s sensitivity to gold prices.
Conversely, BMO Capital lowered its price target on Newmont from $145 to $140 but kept an Outperform rating. BMO’s note highlighted challenges including elevated costs and a reported 7% year-over-year decline in production. In addition, contained gold in reserves and resources was reported to have fallen by roughly 12%.
Analysts and market commentary pointed to volatility in gold prices as a relevant backdrop, noting influences such as U.S. labor data and movements in the dollar.
Implications for investors
The insider sale followed a pre-arranged schedule and left the executive with a substantial residual holding. Market participants observing the trade will also weigh the broader analyst views on production trajectories, margins and reserve metrics when assessing Newmont’s near-term outlook.