Why I'm telling friends to avoid gold stocks

Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."

And if you’d like to get your hands on this, here you go, the complete breakdown.

David Sachs Biography and Net Worth

Director of Terex

David A. Sachs is a Partner of Ares Management, LP (‘‘Ares’’) and co-founder of the firm, where he serves as an investment committee member on Ares direct lending, tradable credit private equity group funds, as well as the Ares real estate group’s real estate debt and U.S. real estate equity investments. Mr. Sachs also serves as a director of Ares Dynamic Credit Allocation Fund, Inc. and CION Ares Diversified Credit Fund.

What is David A. Sachs' net worth?: The estimated net worth of David A. Sachs is at least $6.20 million as of December 13th, 2024. Mr. Sachs owns 137,500 shares of Terex stock worth more than $6,197,125 as of December 21st. This net worth evaluation does not reflect any other assets that Mr. Sachs may own. Learn More about David A. Sachs' net worth.
How do I contact David A. Sachs?: The corporate mailing address for Mr. Sachs and other Terex executives is 200 NYALA FARM ROAD, WESTPORT CT, 06880. Terex can also be reached via phone at (203) 222-7170 and via email at [email protected]. Learn More on David A. Sachs' contact information.
Has David A. Sachs been buying or selling shares of Terex?: During the last quarter, David A. Sachs has bought $1,508,000.00 in Terex stock. Most recently, on Friday, December 13th, David A. Sachs bought 20,000 shares of Terex stock. The stock was acquired at an average cost of $49.75 per share, with a total value of $995,000.00. Following the completion of the transaction, the director now directly owns 137,500 shares of the company's stock, valued at $6,840,625. Learn More on David A. Sachs' trading history.
Who are Terex's active insiders?: Terex's insider roster includes Julie Beck (CFO), Paula Cholmondeley (Director), John Garrison, Jr. (CEO), Amy George (VP), Joshua Gross (President, Genie), Kieran Hegarty (Insider), Stephen Johnston (CAO), Simon Meester (President, CEO & Director), Scott Posner (VP), Andra Rush (Director), David Sachs (Director), and John Sheehan (CFO). Learn More on Terex's active insiders.
Are insiders buying or selling shares of Terex?: During the last year, Terex insiders bought shares 3 times. They purchased a total of 32,205 shares worth more than $1,627,863.80. During the last year, insiders at the industrial products company sold shares 8 times. They sold a total of 174,845 shares worth more than $10,541,991.61. The most recent insider tranaction occured on December, 13th when Director David A Sachs bought 20,000 shares worth more than $995,000.00. Insiders at Terex own 1.9% of the company. Learn More about insider trades at Terex.
Information on this page was last updated on 12/13/2024.

David A. Sachs Insider Trading History at Terex

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
12/13/2024	Buy	20,000	$49.75	$995,000.00	137,500
12/11/2024	Buy	10,000	$51.30	$513,000.00	107,500
12/11/2023	Buy	25,000	$51.16	$1,279,000.00	62,500
10/31/2023	Buy	7,500	$44.95	$337,125.00	37,500
2/28/2023	Sell	13,563	$59.50	$806,998.50	368,431
2/23/2023	Sell	13,000	$57.50	$747,500.00	381,994
2/16/2023	Sell	13,000	$55.50	$721,500.00	394,994
5/5/2021	Sell	29,736	$51.80	$1,540,324.80
3/10/2020	Buy	20,000	$16.32	$326,400.00
3/26/2018	Buy	3,500	$37.00	$129,500.00
3/23/2018	Buy	6,500	$36.59	$237,835.00
8/18/2017	Buy	3,000	$37.97	$113,910.00
9/16/2015	Buy	5,000	$20.80	$104,000.00	422,324
12/12/2014	Buy	5,000	$26.41	$132,050.00
12/10/2014	Buy	5,000	$27.25	$136,250.00
9/19/2014	Buy	10,000	$32.86	$328,600.00

David A. Sachs Buying and Selling Activity at Terex

Terex Company Overview

Terex Corporation manufactures and sells aerial work platforms and materials processing machinery worldwide. It operates in two segments, Materials Processing (MP) and Aerial Work Platforms (AWP). The MP segment designs, manufactures, services, and markets materials processing and specialty equipment, includes crushers, washing systems, screens, trommels, apron feeders, material handlers, pick and carry cranes, rough terrain cranes, tower cranes, wood processing, biomass and recycling equipment, concrete mixer trucks and concrete pavers, conveyors, and related components and replacement parts under the Terex, Powerscreen, Fuchs, EvoQuip, Canica, Cedarapids, CBI, Simplicity, Franna, Terex Ecotec, Finlay, ProAll, ZenRobotics, Terex Washing Systems, Terex MPS, Terex Jaques, Terex Advance, ProStack, Terex Bid-Well, MDS, and Terex Recycling Systems brands. Its products are used in construction, infrastructure, and recycling projects; quarrying and mining, and material handling applications; maintenance applications to lift equipment or material; and landscaping and biomass production industries. The AWP segment designs, manufactures, services, and markets aerial work platform equipment, utility equipment, and telehandlers under the Terex and Genie brands. Its products include portable material lifts, portable aerial work platforms, trailer-mounted articulating booms, self-propelled articulating and telescopic booms, and scissor lifts, as well as related components and replacement parts for construction and maintenance of industrial, commercial, institutional, and residential buildings and facilities, transmission and distribution lines, construction and foundation drilling applications, and other commercial operations, as well as in tree trimming and various infrastructure projects. The company offers financing solutions to assist customers in the rental, leasing, and acquisition of its products. Terex Corporation was founded in 1933 and is based in Norwalk, Connecticut.

Today's Range

Now: $45.07

$44.60

$46.13

50 Day Range

MA: $52.89

$45.07

$58.63

2 Week Range

Now: $45.07

$44.60

$68.08

Volume

2,665,790 shs

Average Volume

815,122 shs

Market Capitalization

$3.01 billion

P/E Ratio

6.58

Dividend Yield

1.50%

Beta

1.53

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