De Sousa Anibal Jose Grifo Sells 5,000 Shares of Afya (NASDAQ:AFYA) Stock

Key Points

  • Afya VP Lelio De Souza Junior sold 26,753 shares on April 7 at an average price of $14.95 for total proceeds of $399,957.35, leaving him with 16,279 shares (a 62.17% reduction in ownership), per an SEC filing.
  • In the latest quarter Afya reported $0.41 EPS versus $0.36 expected but missed revenue estimates at $147.08 million (consensus $174.74 million); the company has a market cap of $1.43 billion and a P/E of 10.43.
  • Afya paid a $0.656 annual dividend (ex-dividend March 25) and has a MarketBeat consensus rating of "Hold" with an average price target of $17.30.

Afya Limited (NASDAQ:AFYA - Get Free Report) VP De Sousa Anibal Jose Grifo sold 5,000 shares of the firm's stock in a transaction dated Tuesday, April 7th. The stock was sold at an average price of $15.20, for a total value of $76,000.00. Following the completion of the transaction, the vice president owned 45,000 shares of the company's stock, valued at approximately $684,000. The trade was a 10.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Afya Stock Up 1.9%

Afya stock opened at $15.23 on Friday. The firm has a market cap of $1.43 billion, a price-to-earnings ratio of 10.43, a price-to-earnings-growth ratio of 0.67 and a beta of 0.48. Afya Limited has a 52 week low of $13.00 and a 52 week high of $19.90. The business's 50-day moving average price is $14.48 and its 200 day moving average price is $14.70. The company has a quick ratio of 2.20, a current ratio of 2.20 and a debt-to-equity ratio of 0.41.

Afya (NASDAQ:AFYA - Get Free Report) last posted its earnings results on Wednesday, March 11th. The company reported $0.41 EPS for the quarter, topping the consensus estimate of $0.36 by $0.05. The firm had revenue of $147.08 million for the quarter, compared to analyst estimates of $174.74 million. Afya had a return on equity of 18.77% and a net margin of 20.31%. As a group, sell-side analysts anticipate that Afya Limited will post 1.52 earnings per share for the current year.

Afya Dividend Announcement




The business also recently announced an annual dividend, which was paid on Monday, April 6th. Investors of record on Wednesday, March 25th were issued a dividend of $0.656 per share. This represents a yield of 433.0%. The ex-dividend date of this dividend was Wednesday, March 25th. Afya's dividend payout ratio (DPR) is 45.21%.

Analyst Ratings Changes

Several analysts recently commented on AFYA shares. Zacks Research raised Afya from a "hold" rating to a "strong-buy" rating in a report on Tuesday. Bank of America lowered Afya from a "buy" rating to a "neutral" rating and dropped their target price for the stock from $22.00 to $17.00 in a report on Tuesday, February 24th. Sanford C. Bernstein raised Afya to a "market perform" rating in a report on Friday, January 16th. UBS Group reaffirmed a "neutral" rating and set a $16.00 target price (down from $18.00) on shares of Afya in a report on Friday, January 16th. Finally, Weiss Ratings reaffirmed a "hold (c)" rating on shares of Afya in a report on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and six have given a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $17.30.

Check Out Our Latest Research Report on AFYA

Hedge Funds Weigh In On Afya

Several hedge funds and other institutional investors have recently made changes to their positions in the company. XTX Topco Ltd purchased a new position in shares of Afya in the fourth quarter valued at approximately $215,000. Mangrove Partners IM LLC purchased a new position in shares of Afya in the fourth quarter valued at approximately $197,000. State Street Corp lifted its position in shares of Afya by 25.8% in the fourth quarter. State Street Corp now owns 126,914 shares of the company's stock valued at $1,955,000 after acquiring an additional 26,005 shares in the last quarter. Campbell & CO Investment Adviser LLC lifted its position in shares of Afya by 45.3% in the fourth quarter. Campbell & CO Investment Adviser LLC now owns 39,683 shares of the company's stock valued at $612,000 after acquiring an additional 12,365 shares in the last quarter. Finally, Banco BTG Pactual S.A. purchased a new position in shares of Afya in the fourth quarter valued at approximately $462,000. Hedge funds and other institutional investors own 88.02% of the company's stock.

About Afya

(Get Free Report)

Afya Ltd. operates as a leading provider of medical education and training services in Brazil. The company offers a comprehensive suite of educational programs that span undergraduate medical degrees, residency exam preparation, continuing medical education (CME) and digital learning platforms. Through a network of partner institutions and its own campus operations, Afya supports students at every stage of the medical training continuum, from enrollment in medical schools to ongoing professional development for practicing physicians.

At the core of Afya's offerings is its undergraduate medical program, delivered through a combination of in-person courses at affiliated campuses and fully digital curricula.

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