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Director Luis Miguel Palomino Bonilla of Southern Copper Corp (NYSE:SCCO), a mining company with a market capitalization of $86.4 billion and a solid dividend yield of 3%, sold 200 shares of common stock on September 12, 2025, at a price of $105.44, for a total value of $21,088.
Following the transaction, Palomino Bonilla directly owns 1,913 shares of Southern Copper Corp. The sale was disclosed in a Form 4 filing with the Securities and Exchange Commission. InvestingPro analysis shows the company maintains strong financial health with a "GREAT" overall score and has maintained dividend payments for 30 consecutive years. For deeper insights into SCCO’s valuation and comprehensive analysis, investors can access the detailed Pro Research Report, available exclusively to InvestingPro subscribers.
In other recent news, Southern Copper has seen a flurry of analyst activity regarding its stock rating. BofA Securities upgraded Southern Copper from Underperform to Neutral, citing a reduction in previously identified risks such as capital allocation concerns and regulatory uncertainty in Mexico. The firm also raised its price target to $108.00. On the other hand, Morgan Stanley downgraded the stock from Equalweight to Underweight, pointing to valuation concerns as the primary reason. Despite this downgrade, Morgan Stanley increased its price target to $99.00. UBS also downgraded Southern Copper from Buy to Neutral, maintaining a price target of $105.00. UBS highlighted the stock’s significant rally since April 2025 as a factor in its decision. These recent developments reflect differing analyst perspectives on Southern Copper’s valuation and risk profile.
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