Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LND) Director Acquires $52,200.00 in Stock

by · The Markets Daily

Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LND – Get Free Report) Director Alejandro Gustavo Elsztain acquired 15,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 30th. The stock was acquired at an average price of $3.48 per share, with a total value of $52,200.00. Following the completion of the transaction, the director directly owned 685,370 shares in the company, valued at $2,385,087.60. This trade represents a 2.24% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Alejandro Gustavo Elsztain also recently made the following trade(s):

  • On Monday, October 5th, Alejandro Gustavo Elsztain acquired 11,750 shares of Brasilagro Cia Brasileira De Propriedades Agricolas stock. The shares were purchased at an average cost of $3.73 per share, with a total value of $43,827.50.
  • On Friday, October 2nd, Alejandro Gustavo Elsztain purchased 15,000 shares of Brasilagro Cia Brasileira De Propriedades Agricolas stock. The shares were acquired at an average cost of $3.48 per share, for a total transaction of $52,200.00.

Brasilagro Cia Brasileira De Propriedades Agricolas Stock Up 4.8%

Shares of NYSE:LND traded up $0.17 during trading on Monday, hitting $3.68. 180,439 shares of the company were exchanged, compared to its average volume of 70,819. Brasilagro Cia Brasileira De Propriedades Agricolas has a fifty-two week low of $3.37 and a fifty-two week high of $4.45. The stock has a market cap of $377.86 million, a price-to-earnings ratio of -21.65 and a beta of 0.07. The company has a current ratio of 1.54, a quick ratio of 0.77 and a debt-to-equity ratio of 0.43. The firm has a fifty day moving average price of $3.65 and a two-hundred day moving average price of $3.77.

Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LND – Get Free Report) last issued its earnings results on Friday, September 4th. The company reported ($0.03) EPS for the quarter. The business had revenue of $55.92 million for the quarter. Brasilagro Cia Brasileira De Propriedades Agricolas had a negative return on equity of 4.36% and a negative net margin of 9.93%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised Brasilagro Cia Brasileira De Propriedades Agricolas from a “sell (d)” rating to a “sell (d+)” rating in a report on Thursday, September 17th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Get Our Latest Stock Report on Brasilagro Cia Brasileira De Propriedades Agricolas

Hedge Funds Weigh In On Brasilagro Cia Brasileira De Propriedades Agricolas

Large investors have recently modified their holdings of the company. Renaissance Technologies LLC boosted its stake in Brasilagro Cia Brasileira De Propriedades Agricolas by 604.5% during the 1st quarter. Renaissance Technologies LLC now owns 139,500 shares of the company’s stock valued at $590,000 after purchasing an additional 119,700 shares during the last quarter. Banco BTG Pactual S.A. bought a new stake in shares of Brasilagro Cia Brasileira De Propriedades Agricolas during the 4th quarter worth $265,000. Finally, SmartHarvest Portfolios LLC boosted its stake in Brasilagro Cia Brasileira De Propriedades Agricolas by 14.1% in the first quarter. SmartHarvest Portfolios LLC now owns 21,768 shares of the company’s stock valued at $92,000 after acquiring an additional 2,691 shares during the last quarter. 1.15% of the stock is currently owned by institutional investors.

About Brasilagro Cia Brasileira De Propriedades Agricolas

(Get Free Report)

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas is an agricultural land development and production company headquartered in Brazil. The company acquires, develops, operates and, when appropriate, sells rural properties, with a business model that combines agricultural production with the appreciation and monetization of farmland.

Its agricultural activities include the cultivation of grains, such as soybeans, corn and wheat, as well as cotton and sugarcane. BrasilAgro also operates cattle-raising activities and may rotate or diversify crops according to regional conditions, land characteristics and market opportunities.

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