Insider Selling: Aura Minerals (NASDAQ:AUGO) CEO Sells 5,000 Shares of Stock

Key Points

  • CEO Rodrigo Cardoso Barbosa sold 5,000 shares on March 20 at an average price of $61.75 for $308,750, leaving him with 854,745 shares (a 0.58% reduction); he also sold 10,000 shares on March 19 at $65.82.
  • Aura paid a quarterly dividend of $0.66 per share (paid March 18, ex-dividend March 11), equal to a $2.64 annualized payout and a ~4.0% yield, while the dividend payout ratio is reported at -251.43%.
  • Shares have risen recently (up 7.2%), the company has a market cap of $5.47 billion and a negative P/E (-62.32), and analysts hold a consensus "Buy" rating with a $67.60 target.

Aura Minerals Inc. (NASDAQ:AUGO - Get Free Report) CEO Rodrigo Cardoso Barbosa sold 5,000 shares of the business's stock in a transaction dated Friday, March 20th. The shares were sold at an average price of $61.75, for a total transaction of $308,750.00. Following the completion of the transaction, the chief executive officer owned 854,745 shares in the company, valued at $52,780,503.75. The trade was a 0.58% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Rodrigo Cardoso Barbosa also recently made the following trade(s):

  • On Thursday, March 19th, Rodrigo Cardoso Barbosa sold 10,000 shares of Aura Minerals stock. The shares were sold at an average price of $65.82, for a total transaction of $658,200.00.

Aura Minerals Stock Up 7.2%

Shares of NASDAQ AUGO opened at $65.44 on Tuesday. The company has a market capitalization of $5.47 billion and a P/E ratio of -62.32. The company has a debt-to-equity ratio of 1.17, a current ratio of 0.97 and a quick ratio of 0.75. The company has a 50 day simple moving average of $72.25 and a 200-day simple moving average of $51.06. Aura Minerals Inc. has a 1 year low of $15.00 and a 1 year high of $90.19.

Aura Minerals Announces Dividend




The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 18th. Shareholders of record on Wednesday, March 11th were paid a dividend of $0.66 per share. The ex-dividend date of this dividend was Wednesday, March 11th. This represents a $2.64 annualized dividend and a yield of 4.0%. Aura Minerals's dividend payout ratio (DPR) is -251.43%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Triumph Capital Management acquired a new stake in shares of Aura Minerals in the fourth quarter valued at $25,000. Global Retirement Partners LLC purchased a new stake in shares of Aura Minerals in the 4th quarter valued at $34,000. Quarry LP acquired a new position in Aura Minerals during the 3rd quarter worth about $37,000. Hollencrest Capital Management lifted its stake in Aura Minerals by 307.7% during the 4th quarter. Hollencrest Capital Management now owns 795 shares of the company's stock worth $40,000 after acquiring an additional 600 shares in the last quarter. Finally, Shell Asset Management Co. purchased a new position in Aura Minerals during the 3rd quarter valued at about $43,000.

Analyst Ratings Changes

Several equities analysts have recently commented on AUGO shares. Wall Street Zen lowered Aura Minerals from a "strong-buy" rating to a "buy" rating in a research note on Sunday, February 22nd. The Goldman Sachs Group raised their price objective on Aura Minerals from $46.60 to $52.80 and gave the stock a "buy" rating in a research report on Wednesday, December 3rd. Zacks Research upgraded shares of Aura Minerals from a "hold" rating to a "strong-buy" rating in a report on Monday, March 2nd. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Aura Minerals in a research report on Monday, December 29th. Finally, JPMorgan Chase & Co. assumed coverage on shares of Aura Minerals in a research note on Wednesday, February 25th. They set an "overweight" rating and a $105.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus target price of $67.60.

Get Our Latest Analysis on Aura Minerals

Aura Minerals Company Profile

(Get Free Report)

We are an Americas gold and copper production company with a significant portfolio of mining operations. Our mission is to deliver long-term value by unlocking operational efficiencies, responsibly growing our portfolio with a focus on return on invested capital, responsible mining practices and a commitment to sustainability. We operate with a decentralized culture, supported by a lean corporate team that ensures agile and dynamic management and decision-making processes, focused on high operational sustainability compliance standards.

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