Jacques Wolf Sanche, Chairman & CEO at Amrize Ltd (AMRZ), bought 30,000 shares at $42.37 ($1.3M) on 2026-09-02, disclosed to the SEC on 2026-09-03.
Chairman and CEO Jacques Wolf Sanche purchased 10,000 shares for $423,700 at $42.37, signaling confidence in the company's valuation despite recent market headwinds. This insider buying comes as the stock trades near its 52-week low and faces pressure from analyst downgrades and tariff concerns.
The stock is down 15.07% over the last 30 days and is currently 33.22% below its 52-week high of $65.94, trading at $44.035. The price has also slipped 17.84% over the last 90 days.
1) BofA downgraded Amrize to Underperform and cut the price target to $40 on September 2, citing slower earnings growth and valuation concerns. 2) Amrize faces pressure from new Section 338 tariffs on Canadian goods, which are pressuring the stock and stalling U.S.-Canada trade talks as of August 28. 3) The company reported Q2 2026 earnings that missed estimates and reduced full-year adjusted EBITDA guidance on August 10, raising execution concerns.
1) BofA downgraded the stock to Underperform and cut the price target to $40, citing risks in key markets and a valuation they consider too full. 2) The company's Q2 2026 earnings miss and reduced EBITDA guidance raised execution concerns, while new tariffs on Canadian goods are pressuring the stock.
Something here stands out, but not much.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $42.37 | 10,000 | $424K | 33.3% |
| 2 | $42.44 | 1,000 | $42K | 3.3% |
| 3 | $42.47 | 2,000 | $85K | 6.7% |
| 4 | $42.53 | 2,000 | $85K | 6.7% |
| 5 | $42.53 | 15,000 | $638K | 50.1% |
| Total | $42.47 avg | 30,000 |
| $1.3M |
| 100% |