SCCO Director Conducts Minor Sale of $13k in Company Stock
SOUTHERN COPPER CORP/
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Filing Summary
SCCO Director Conducts Minor Sale of $13k in Company Stock
Company: SOUTHERN COPPER CORP/ (SCCO) Form: 4 | Filed: 2025-11-04 Significance: Low
Insider: PALOMINO BONILLA LUIS MIGUEL Title: null | Relationship: Director
Transaction: • Type: Sale • Shares: 100 • Price: $131.90 • Value: $13,190 • Owned After: 2,013
Key Insight: This is a very small, routine transaction by a director, representing a negligible fraction of the company's market cap and the insider's total holdings. It holds no significant informational value for investors.
Market Context: The sale is immaterial given Southern Copper's $112.73 billion market capitalization.
This is PUBLIC SEC data for educational purposes. Not investment advice.
Comprehensive Analysis
SEC Filing Analysis: SOUTHERN COPPER CORP/ (SCCO)
Executive Summary
- Trading Significance: Low
- Key Takeaway: A director sold a nominal amount of stock ($13,190), a transaction that is financially immaterial to both the insider and the company.
- Market Impact: Neutral. The transaction is too small to have any market impact.
Company Information
| Field | Value |
|---|---|
| Company | SOUTHERN COPPER CORP/ |
| Ticker Symbol | SCCO |
| CIK | 0001001838 |
| Industry | METAL MINING [1000] |
Insider Information
| Field | Value |
|---|---|
| Name | PALOMINO BONILLA LUIS MIGUEL |
| CIK | 0001284489 |
| Title/Position | null |
| Relationship | Director |
Transaction Details
| Field | Value |
|---|---|
| Form Type | 4 |
| Transaction Date | 2025-11-04 |
| Transaction Code | S (Sale) |
| Security Type | Common Stock |
| Shares Involved | 100 |
| Price Per Share | $131.90 |
| Total Value | $13,190 |
| Shares Owned After | 2,013 |
| Ownership Type | Direct |
Financial Impact Assessment
Transaction Materiality
| Metric | Value |
|---|---|
| Transaction Value | $13,190 |
| % of Market Cap | <0.0001% |
| Shares Transacted | 100 |
| % of Shares Outstanding | <0.0001% |
| Post-Transaction Ownership | 2,013 shares (<0.001% of outstanding) |
| Materiality Assessment | Low |
Impact Evaluation
- Market Cap Context: The $13,190 transaction is negligible for a company with a market capitalization of $112.73 billion.
- Ownership Concentration: The insider's post-transaction ownership of 2,013 shares is an insignificant portion of the 884.6 million shares outstanding.
- Transaction Significance: The sale represents less than 5% of the director's personal holdings and is far below any threshold for materiality. It is likely for personal liquidity and carries no strategic signal.
Market Impact Analysis
Stock Impact Prediction
- Direction: Neutral
- Reasoning: The transaction size is de minimis and has no bearing on the company's fundamentals or market sentiment.
Volume & Sentiment
- Expected Volume Impact: None. The trade is too small to affect trading volume.
- Sentiment Indicator: Neutral. This filing provides no new information to influence market sentiment.
Additional Context
Transaction Notes
- Timing: This is a routine, non-eventful sale.
- Special Circumstances: No 10b5-1 plan was indicated.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.