Da Cunha Gustavo Werneck Buys Shares of GGB $GGB
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Da Cunha Gustavo Werneck, CEO and Board Member at Gerdau S.A. ($GGB), bought 165,224 shares at an average price of $4.73, for a total transaction of $781,509.52. The trade was disclosed in a Form 4 filing with the Securities and Exchange Commission.
Gerdau S.A. Stock Up 3.5%
Shares of Gerdau S.A. ($GGB) traded around $4.75 on Monday, up 3.5% for the day.
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About Gerdau S.A.
Gerdau S.A., together with its subsidiaries, operates as a steel producer company. It operates through Brazil Business, North America Business, and South America Business segments. The company offers rebars, bars, wires, thick plates, hot rolled coils, billets, blooms, plates, wire rods, and structural profiles. It also provides special steel products for agricultural, automotive, construction, distribution, energy, industrial, and mining markets. In addition, it operates mines that produce iron ore located in Brazil. The company was founded in 1901 and is headquartered in São Paulo, Brazil.
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