Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LND - Get Free Report) Director Alejandro Gustavo Elsztain acquired 14,500 shares of the stock in a transaction dated Thursday, June 25th. The stock was bought at an average cost of $3.52 per share, with a total value of $51,040.00. Following the completion of the purchase, the director owned 626,870 shares of the company's stock, valued at approximately $2,206,582.40. The trade was a 2.37% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Alejandro Gustavo Elsztain also recently made the following trade(s):
- On Thursday, May 21st, Alejandro Gustavo Elsztain bought 13,500 shares of Brasilagro Cia Brasileira De Propriedades Agricolas stock. The stock was bought at an average price of $3.82 per share, for a total transaction of $51,570.00.
- On Tuesday, May 19th, Alejandro Gustavo Elsztain bought 13,500 shares of Brasilagro Cia Brasileira De Propriedades Agricolas stock. The shares were bought at an average cost of $3.74 per share, for a total transaction of $50,490.00.
Brasilagro Cia Brasileira De Propriedades Agricolas Stock Up 0.5%
Shares of NYSE:LND opened at $3.59 on Tuesday. The business's 50 day moving average is $3.77 and its 200 day moving average is $3.88. Brasilagro Cia Brasileira De Propriedades Agricolas has a 12-month low of $3.47 and a 12-month high of $4.45. The stock has a market cap of $368.31 million, a price-to-earnings ratio of -119.53 and a beta of 0.02. The company has a quick ratio of 0.69, a current ratio of 1.47 and a debt-to-equity ratio of 0.42.
Analysts Set New Price Targets
A number of equities analysts have issued reports on LND shares. Weiss Ratings downgraded shares of Brasilagro Cia Brasileira De Propriedades Agricolas from a "sell (d+)" rating to a "sell (d)" rating in a report on Tuesday, June 23rd. Wall Street Zen downgraded shares of Brasilagro Cia Brasileira De Propriedades Agricolas from a "hold" rating to a "sell" rating in a report on Saturday, May 16th. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, Brasilagro Cia Brasileira De Propriedades Agricolas has a consensus rating of "Reduce".
View Our Latest Stock Report on Brasilagro Cia Brasileira De Propriedades Agricolas
Institutional Trading of Brasilagro Cia Brasileira De Propriedades Agricolas
A number of institutional investors have recently modified their holdings of LND. EverSource Wealth Advisors LLC purchased a new stake in shares of Brasilagro Cia Brasileira De Propriedades Agricolas during the second quarter worth $37,000. Windmill Hill Asset Management Ltd grew its position in shares of Brasilagro Cia Brasileira De Propriedades Agricolas by 100.0% in the fourth quarter. Windmill Hill Asset Management Ltd now owns 141,796 shares of the company's stock valued at $508,000 after purchasing an additional 70,898 shares in the last quarter. SmartHarvest Portfolios LLC purchased a new position in shares of Brasilagro Cia Brasileira De Propriedades Agricolas in the fourth quarter valued at $68,000. Banco BTG Pactual S.A. bought a new stake in shares of Brasilagro Cia Brasileira De Propriedades Agricolas during the 4th quarter valued at $265,000. Finally, Renaissance Technologies LLC raised its stake in shares of 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 period. 1.15% of the stock is currently owned by hedge funds and other institutional investors.
About Brasilagro Cia Brasileira De Propriedades Agricolas
(
Get Free Report)
Brasilagro Cia Brasileira De Propriedades Agrícolas is a Brazil-based agribusiness company focused on the acquisition, development and commercialization of agricultural land in key farming regions across the country. The company’s core activities include identifying undervalued or underutilized rural properties, implementing infrastructure improvements and modern farming practices, and either operating the land directly or selling it to third parties. Brasilagro’s land bank spans several states in Brazil, with holdings in Maranhão, Bahia, Tocantins, Goiás and Mato Grosso, among others.
In its agricultural operations, Brasilagro cultivates a variety of crops such as soybeans, corn and cotton, leveraging advances in crop genetics, irrigation and soil management to enhance productivity and sustainability.
See Also
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
