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Why AngloGold Ashanti (AU) Stock Is Down Today

Investivoq PriceTracker

AngloGold Ashanti (AU) is down 5.1% today. Here is some analysis on what might have caused this price movement. ([reports.anglogoldashanti.com](https://reports.anglogoldashanti.com/23/wp-content/uploads/2024/04/AGA-20F23.pdf?utm_source=openai))

Analysis: The most likely driver is weakness in gold and gold-miner sentiment rather than a fresh company-specific setback. Gold prices were under pressure on September 23, 2026 as the U.S. dollar strengthened and rate-hike expectations firmed, and AngloGold also appears to be trading with some lingering valuation pressure after a recent analyst downgrade. ([kitco.com](https://www.kitco.com/news/article/2026-09-23/gold-silver-slide-dollar-rallies-and-fed-hike-bets-firm-kitco-am-report?utm_source=openai))

Details:

  • Spot gold was lower in early U.S. trading on September 23, with a stronger dollar, elevated Treasury yields and firmer Fed tightening expectations weighing on bullion prices.
  • AngloGold’s investor materials show no new company announcement dated today; its latest major operating update remains the July 31, 2026 Q2 earnings release, which points to a market-driven move rather than a newly disclosed corporate event.
  • On September 10, 2026, BMO Capital downgraded AU to Market Perform while keeping a $115 target, arguing the shares had moved to a premium valuation after strong outperformance.
  • AngloGold’s own Q2 materials showed strong free cash flow, higher EBITDA, a net cash position and reaffirmed 2026 guidance, which makes today’s decline look more tied to commodity-price and sentiment pressure than to a deterioration in the latest reported fundamentals.

    • Sources:

    AngloGold Ashanti, SEC, Kitco

    Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

    $AU Insider Trading Activity

    AU Insider Trades

    $AU insiders have traded $AU stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.

    Here’s a breakdown of recent trading of $AU stock by insiders over the last 6 months:

    • KOJO OSEI FRIMPONG BUSIA sold 400 shares for an estimated $35,637

    To track insider transactions, check out Investivoq's insider trading dashboard. You can access data on insider stock transactions through the Investivoq API insider transaction endpoint.

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    $AU Hedge Fund Activity

    We have seen 318 institutional investors add shares of $AU stock to their portfolio, and 290 decrease their positions in their most recent quarter.

    Here are some of the largest recent moves:

    • NINETY ONE SA (PTY) LTD removed 4,106,931 shares (-26.8%) from their portfolio in Q2 2026, for an estimated $332,209,648
    • PACER ADVISORS, INC. added 3,744,168 shares (+inf%) to their portfolio in Q2 2026, for an estimated $302,865,749
    • ACADIAN ASSET MANAGEMENT LLC removed 2,296,911 shares (-74.4%) from their portfolio in Q2 2026, for an estimated $185,797,130
    • FEDERATED HERMES, INC. added 2,040,755 shares (+inf%) to their portfolio in Q2 2026, for an estimated $165,076,671
    • FMR LLC removed 1,957,170 shares (-10.6%) from their portfolio in Q2 2026, for an estimated $158,315,481
    • ARROWSTREET CAPITAL, LIMITED PARTNERSHIP removed 1,868,447 shares (-29.3%) from their portfolio in Q2 2026, for an estimated $151,138,677
    • FIL LTD removed 1,653,136 shares (-59.1%) from their portfolio in Q2 2026, for an estimated $133,722,171

    To track hedge funds' stock portfolios, check out Investivoq's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Investivoq API 13F endpoint.

    $AU Price Targets

    Multiple analysts have issued price targets for $AU recently. We have seen 4 analysts offer price targets for $AU in the last 6 months, with a median target of $112.5.

    Here are some recent targets:

    • Josh Wolfson from RBC Capital set a target price of $111.0 on 07/09/2026
    • Vitaly Kononov from Freedom Broker set a target price of $114.0 on 06/26/2026
    • Joe Reagor from Roth Capital set a target price of $110.0 on 06/24/2026
    • Ephrem Ravi from Citigroup set a target price of $130.0 on 06/09/2026

    This article is not financial advice. See Investivoq's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.