SCCO Director Sells $20.7K in Company Stock in Minor Transaction
SOUTHERN COPPER CORP/
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Filing Summary
SCCO Director Sells $20.7K in Stock
Company: SOUTHERN COPPER CORP/ (SCCO) Form: 4 | Filed: 2025-11-12 Significance: Low
Insider: PALOMINO BONILLA LUIS MIGUEL Title: null | Relationship: Director
Transaction: • Type: Sell • Shares: 148 • Price: $140.00 • Value: $20,720 • Owned After: 1,665
Key Insight: A director sold a very small amount of stock, representing a negligible fraction of the company's market cap. This transaction is considered routine and has no market significance.
Market Context: The sale is immaterial given Southern Copper's $113.29 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 executed a minor sale of common stock valued at approximately $20,720.
- Market Impact: The transaction is immaterial and expected to have no impact on the stock.
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 | 2025-11-10 |
| Transaction Code | S |
| Security Type | Common Stock |
| Shares Involved | 148 |
| Price Per Share | $140.0 |
| Total Value | $20,720 |
| Shares Owned After | 1,665 |
| Ownership Type | Direct |
Financial Impact Assessment
Transaction Materiality
| Metric | Value |
|---|---|
| Transaction Value | $20,720 |
| % of Market Cap | 0.000018% |
| Shares Transacted | 148 |
| % of Shares Outstanding | 0.000017% |
| Post-Transaction Ownership | 1,665 shares (0.00019% of outstanding) |
| Materiality Assessment | Low |
Impact Evaluation
- Market Cap Context: The $20,720 transaction is negligible compared to Southern Copper's market capitalization of $113.29 billion.
- Ownership Concentration: The insider's post-transaction holding of 1,665 shares is an insignificant portion of the 884.6 million shares outstanding.
- Transaction Significance: The sale represents a tiny fraction of both the company's market value and total shares, indicating it is a routine personal financial management activity with no broader market implications.
Market Impact Analysis
Stock Impact Prediction
- Direction: Neutral
- Reasoning: The transaction size is far too small to influence market sentiment or trading activity for a mega-cap company like SCCO.
Volume & Sentiment
- Expected Volume Impact: None. The transaction is too small to be noticeable in daily trading volume.
- Sentiment Indicator: Neutral. The sale is immaterial and does not signal any change in the insider's outlook on the company.
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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.
