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Top Executive Sells Massive Stock Holdings in Cleveland-Cliffs

Top Executive Sells Massive Stock Holdings in Cleveland-Cliffs

New insider activity at Cleveland-Cliffs ( (CLF) ) has taken place on May 24, 2025.

Confident Investing Starts Here:

James D. Graham, the Executive Vice President, Chief Legal Administrator, and Secretary of Cleveland-Cliffs, has recently sold 120,000 shares of the company’s stock. This transaction is valued at $822,000.

Recent Updates on CLF stock

Cleveland-Cliffs recently reported its first-quarter 2025 financial results, showing a consolidated revenue of $4.6 billion but a GAAP net loss of $483 million. The company is undergoing strategic operational changes, including idling several facilities to save over $300 million annually, aiming to enhance productivity and reduce losses. Despite these challenges, Cleveland-Cliffs is optimistic about future improvements driven by reshoring automotive production and operational efficiencies. The company anticipates a significant EBITDA boost from these initiatives starting in late 2025. However, the stock faces immediate risks due to financial struggles and technical weaknesses, compounded by economic uncertainties and a disadvantageous slab supply contract set to expire in December 2025. These factors have influenced recent price target adjustments, reflecting the company’s current challenges and strategic shifts.

Spark’s Take on CLF Stock

According to Spark, TipRanks’ AI Analyst, CLF is a Neutral.

Cleveland-Cliffs is currently facing financial and operational challenges, as reflected by declining financial performance and negative technical indicators. The company is implementing strategic initiatives aimed at recovery, but these are yet to materialize. Valuation metrics suggest potential undervaluation, but significant risks remain. The most notable positive is the company’s strategic focus on reshoring and cost efficiencies, which could improve financial performance in the future.

To see Spark’s full report on CLF stock, click here.

More about Cleveland-Cliffs

YTD Price Performance: -26.94%

Average Trading Volume: 22,556,579

Technical Sentiment Signal: Sell

Current Market Cap: $3.45B

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