Insider Trading March 3, 2026

Newmont Executive Disposes $577,590 in Shares as Stock Nears 52-Week High

MD for Africa-Asia Pacific completes Rule 10b5-1 sale amid a mixed analyst backdrop and volatile gold price drivers

By Avery Klein NEM
Newmont Executive Disposes $577,590 in Shares as Stock Nears 52-Week High
NEM

Mark C. Rodgers, Managing Director for Africa-Asia Pacific at NEWMONT Corp (NYSE:NEM), sold 4,443 shares on February 27, 2026, at $130.00 per share for a total of $577,590. The transaction occurred while Newmont's shares traded close to a 52-week high of $134.88 after a 209% gain over the prior year. Rodgers retains 27,807 shares and executed the sale under a Rule 10b5-1 trading plan established on November 24, 2025. The company is navigating varied analyst views, production and reserve adjustments, and short-term market signals for gold.

Key Points

  • Mark C. Rodgers sold 4,443 shares of NEWMONT Corp on February 27, 2026, at $130.00 per share, totaling $577,590; he retains 27,807 shares.
  • The sale was executed under a Rule 10b5-1 trading plan established on November 24, 2025, while shares traded near a 52-week high of $134.88 after a 209% year-over-year gain.
  • Analyst activity is mixed: Bernstein SocGen Group upgraded Newmont to Outperform, BMO Capital cut its price target from $145 to $140 but kept an Outperform rating, and Raymond James highlighted technical downside risks; production and reserves metrics show declines.

Mark C. Rodgers, who serves as Managing Director, Africa-Asia Pacific at NEWMONT Corp (NYSE:NEM), completed a sale of 4,443 shares of the companys common stock on February 27, 2026. The shares were disposed of at $130.00 apiece, producing total proceeds of $577,590. After the transaction, Rodgers direct ownership stands at 27,807 shares.

The sale was conducted under a Rule 10b5-1 trading plan that had been put in place on November 24, 2025. At the time of the trade, Newmonts stock was trading near its 52-week high of $134.88, having recorded a 209% appreciation over the past year.

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Beyond the insider transaction, Newmont has been the subject of several recent analyst updates and operational data points that reflect a mixed outlook for the company and the gold market.

  • Analyst revisions: Bernstein SocGen Group upgraded Newmonts rating to Outperform from Market Perform, citing a bullish view on gold and the stocks sensitivity to movements in the gold price.
  • Price target adjustment: BMO Capital reduced its price target for Newmont from $145 to $140 but retained an Outperform rating. The firm pointed to pressures including rising costs and a 7% decline in production to 5.3 million ounces as factors behind the adjustment.
  • Reserves and production: Newmont reported a 12% decrease in contained gold within its reserves and resources, alongside the reported production decline.
  • Technical outlook: Raymond James highlighted possible short-term downside for Newmont, noting negative price momentum and early signs of selling pressure in the stocks charts.

These company-specific developments are unfolding against a fluctuating gold price environment. The metal recently eased after strong U.S. labor data reduced hopes for near-term Federal Reserve rate cuts. Earlier in the same week, however, gold had strengthened amid a softer dollar and lower Treasury yields, which provided some support to gold mining equities.

Taken together, the insider sale, analyst repositioning, and mixed signals from the gold complex illustrate the range of factors investors must weigh when assessing Newmont. The sale itself was executed through an established trading plan, and Rodgers remains a direct holder of a meaningful share position in the company.


Note on reporting limits: The article recounts the transaction details and the analyst commentary as reported. It does not infer motives for the insider sale beyond the stated use of a Rule 10b5-1 plan, nor does it introduce additional data beyond the items described above.

Risks

  • Production decline and reserve reductions - Newmont reported a 7% production drop to 5.3 million ounces and a 12% decrease in contained gold in reserves and resources, which may pressure operational outlooks and affect the mining sector.
  • Cost pressures - Increased costs were cited by BMO Capital as a reason for trimming Newmonts price target, presenting a near-term risk to margins within the gold mining sector.
  • Market and technical headwinds - Raymond James identified negative price momentum and early selling pressure as potential short-term risks, which could influence equity performance for Newmont and similarly positioned mining stocks amid swinging gold prices.

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