Key Points
- Insider sale: Adecoagro director Artigas Manuela Vaz sold 1,000 shares on April 7 at an average price of $15.03 for proceeds of $15,030, reducing her stake by 14.12% to 6,084 shares; the transaction was disclosed in an SEC Form 4 filing.
- Stock and fundamentals: AGRO opened at $14.28 and trades in a 12‑month range of $6.89–$15.89 with a market cap of about $1.43 billion, a recent quarterly EPS of $(0.15) and negative margins, and 50‑/200‑day moving averages of $10.99/$9.04.
- Analyst sentiment and ownership: The consensus rating is "Hold" with an average price target of $10.84 after mixed revisions (notably UBS upgraded to Buy with a $16.20 target), and institutional investors own roughly 45.25% of the shares.
Adecoagro S.A. (NYSE:AGRO - Get Free Report) Director Artigas Manuela Vaz sold 1,000 shares of the firm's stock in a transaction that occurred on Tuesday, April 7th. The stock was sold at an average price of $15.03, for a total transaction of $15,030.00. Following the transaction, the director directly owned 6,084 shares of the company's stock, valued at $91,442.52. This represents a 14.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Adecoagro Price Performance
Shares of AGRO opened at $14.28 on Thursday. Adecoagro S.A. has a twelve month low of $6.89 and a twelve month high of $15.89. The company has a quick ratio of 0.82, a current ratio of 1.38 and a debt-to-equity ratio of 0.77. The company has a 50 day moving average of $10.99 and a 200-day moving average of $9.04. The stock has a market capitalization of $1.43 billion, a P/E ratio of -178.42, a P/E/G ratio of 0.31 and a beta of 0.08.
Adecoagro (NYSE:AGRO - Get Free Report) last issued its earnings results on Saturday, February 14th. The company reported ($0.15) earnings per share for the quarter. Adecoagro had a negative return on equity of 1.17% and a negative net margin of 0.55%.The firm had revenue of $432.91 million for the quarter. As a group, equities research analysts forecast that Adecoagro S.A. will post 1.24 EPS for the current fiscal year.
Hedge Funds Weigh In On Adecoagro
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Sparta 24 Ltd. boosted its position in Adecoagro by 4.8% during the third quarter. Sparta 24 Ltd. now owns 2,200,278 shares of the company's stock worth $17,250,000 after purchasing an additional 100,000 shares during the period. Invesco Ltd. boosted its position in Adecoagro by 86.5% during the second quarter. Invesco Ltd. now owns 458,693 shares of the company's stock worth $4,192,000 after purchasing an additional 212,685 shares during the period. Ghisallo Capital Management LLC bought a new position in Adecoagro during the fourth quarter worth $2,987,000. Ameriprise Financial Inc. boosted its position in Adecoagro by 32.3% during the second quarter. Ameriprise Financial Inc. now owns 370,391 shares of the company's stock worth $3,385,000 after purchasing an additional 90,518 shares during the period. Finally, HRT Financial LP boosted its position in Adecoagro by 13.4% during the fourth quarter. HRT Financial LP now owns 312,828 shares of the company's stock worth $2,480,000 after purchasing an additional 36,857 shares during the period. 45.25% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
Several research firms have issued reports on AGRO. Weiss Ratings raised shares of Adecoagro from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Wednesday, March 4th. UBS Group raised shares of Adecoagro from a "neutral" rating to a "buy" rating and upped their price target for the stock from $8.00 to $16.20 in a research report on Monday, March 30th. Bank of America raised shares of Adecoagro from an "underperform" rating to a "neutral" rating and set a $9.00 price target on the stock in a research report on Friday, January 9th. Zacks Research lowered shares of Adecoagro from a "strong-buy" rating to a "hold" rating in a research report on Monday, March 9th. Finally, Wall Street Zen raised shares of Adecoagro from a "sell" rating to a "hold" rating in a research report on Saturday, April 4th. Two equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $10.84.
Check Out Our Latest Research Report on Adecoagro
Adecoagro Company Profile
(
Get Free Report)
Adecoagro (NYSE: AGRO) is a leading agricultural and renewable energy company with core operations in South America. Founded in 2002 by Argentine entrepreneur Alejandro Bulgheroni, the company has grown into a vertically integrated platform covering crop production, sugar and ethanol manufacturing, and dairy operations. Adecoagro’s business model spans the full value chain, from seed selection and planting through harvesting, processing and distribution of commodities.
The company manages over 700,000 hectares of farmland across Argentina, Brazil and Uruguay.
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