Key insights
- Howmet Aerospace's EVP, CAO Neil Marchuk sold $11.3M in stock. The sale occurred after HWM shares surged 71% in the past year and are trading near their 52-week high. The stock appears overvalued according to InvestingPro analysis. BTIG recently raised its price target for Howmet Aerospace to $300, citing strong quarterly performance. The executive's sale, combined with overvaluation concerns, presents a slightly bearish signal.

Neil Edward Marchuk, Executive Vice President and Chief Accounting Officer of Howmet Aerospace Inc. (NYSE:HWM), sold 41,932 shares of the company’s common stock on May 11, 2026. The transactions totaled approximately $11,300,535.
The shares were sold at prices ranging from $266.03 to $271.76 per share, close to the stock’s 52-week high of $280.74. Following these transactions, Mr. Marchuk directly holds 65,105 shares of Howmet Aerospace common stock. The sale comes as HWM shares have surged 71% over the past year, trading at $269.78 with a market cap of $108.1 billion. According to InvestingPro analysis, the stock currently appears overvalued relative to its Fair Value—a key consideration for investors evaluating the aerospace manufacturer’s premium valuation. Additionally, he indirectly holds 10 shares through a revocable trust, for which he serves as trustee and beneficiary, possessing voting and investment power.
In other recent news, Howmet Aerospace Inc. reported impressive financial results for the first quarter of 2026, surpassing both revenue and earnings expectations. The company achieved an earnings per share of $1.22, exceeding the forecasted $1.11, which marks a 9.91% surprise. Revenue for the quarter reached $2.31 billion, surpassing the anticipated $2.24 billion by 3.13%. Additionally, BTIG raised its price target for Howmet Aerospace shares to $300 from $275, maintaining a Buy rating. The firm highlighted strong quarterly performance driven by accelerating aftermarket demand and sustained gas turbine strength. Engine spares accounted for 23% of revenue, contributing to record margins in Engine Products. These developments indicate a robust performance period for Howmet Aerospace.
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