Insider activity
First Majestic Silver Corp
Open-market and private equity trades over the last 12 months. Derivatives and opening balances excluded.
Recent transactions
| Date | Side | Name | Shares | Price |
|---|---|---|---|---|
| Aug 07, 26 | Sell | Neumeyer, Keith Individual · CA$689,849 | 26,666 | CA$25.87 |
| Feb 13, 26 | Sell | Neumeyer, Keith Individual · CA$1.8m | 52,500 | CA$35.00 |
| Feb 09, 26 | Sell | Neumeyer, Keith Individual · CA$568,750 | 17,500 | CA$32.50 |
| Jan 29, 26 | Sell | Neumeyer, Keith Individual · CA$454,750 | 12,500 | CA$36.38 |
| Jan 29, 26 | Sell | Neumeyer, Keith Individual · CA$456,250 | 12,500 | CA$36.50 |
| Jan 28, 26 | Sell | Neumeyer, Keith Individual · CA$443,875 | 12,500 | CA$35.51 |
Recent insider activity at First Majestic Silver Corp raises questions about the company's future direction.
In the last two weeks, First Majestic Silver Corp (AG.TO) has seen notable insider activity, particularly a significant sale by one of its executives. Understanding these transactions can provide insight into the company's current standing and future prospects.
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First Majestic Silver Corp
AG.TO
AG.TO
First Majestic Silver Corp
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Market cap
$12.95B
P/E
26.8x
Div. yield
0.18%
Div. / share
$0.05
52W high
$43.65
52W low
$11.55
1W change
+8.14%
Beta
2.11
Analyst Price Targets
Based on analyst covering AG
Wall Street analysts forecast AG stock price to rise 29.2% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$34.50
+29.2% Upside
Current Price
C$26.71
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
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Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on AG's historical volatility
30-Day Vol
66.7%
Annualized
90-Day Vol
68.5%
Annualized
Trend (90d)
-20.9%
Annualized drift
90d Mean
C$24.79
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$26.05 | C$20.70 – C$32.80 |
| 60 trading days | C$25.42 | C$18.36 – C$35.19 |
| 90 trading days | C$24.79 | C$16.64 – C$36.93 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Investor takeaway: While insider selling can be interpreted in various ways, it’s essential to consider the broader context of the company's performance and market conditions before jumping to conclusions.
Insider Sells CA$690k Worth of Shares
Keith Neumeyer, an executive at First Majestic Silver Corp, sold 26,666 shares valued at approximately CA$689,849, marking a significant transaction in the context of recent insider activity.
Bull case
The lack of recent insider buying might suggest that executives are confident in the company's current strategy and market position. If the stock rebounds, it could indicate strong belief in the company's long-term value.
Bear case
On the other hand, the substantial insider sale could signal a lack of confidence in the company's future performance. Investors should be cautious and view this trade as a potential red flag, especially if it aligns with broader market trends.
Recent Insider Activity
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In a recent transaction dated August 7, 2026, Keith Neumeyer sold 26,666 shares at a price of CA$25.87, totaling approximately CA$689,849. This marks the only insider trade within the last two weeks, and the absence of any buying activity during this period raises questions about the sentiment among the company's leadership.
Interpreting the Sale
Insider selling can often be viewed with skepticism, especially when it involves a significant number of shares. While Neumeyer's sale may suggest a lack of confidence, it’s important to remember that insiders might sell for various reasons, such as personal financial planning, tax considerations, or diversifying their investment portfolios. Therefore, this sale shouldn’t be seen as a definitive signal of the company's future performance.
Looking Ahead
As First Majestic Silver Corp continues to navigate the complexities of the silver market, investors should keep an eye on future insider activity. A return to insider buying could indicate renewed confidence among executives, while continued selling might warrant further scrutiny. Balancing these insights with other market indicators will be key for investors looking to make informed decisions.
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