Key Points
- Damian Miguel Mindlin sold 57,500 shares of Pampa Energía on April 9 at $3.47, trimming his holdings by 0.41% to 13,910,870 shares valued at about $48.27 million.
- Those trades are part of a recent selling pattern — from March 18 to April 9 he disposed of over 1.28 million shares, raising roughly $4.49 million in proceeds.
- Pampa Energía has a market cap of $4.75 billion, a P/E of 12.61 and a 52-week range of $54.95–$94.50, while analysts show a consensus rating of “Moderate Buy” with a $105 average price target.
Pampa Energia S.A. (NYSE:PAM - Get Free Report) VP Damian Miguel Mindlin sold 57,500 shares of Pampa Energia stock in a transaction that occurred on Thursday, April 9th. The stock was sold at an average price of $3.47, for a total value of $199,525.00. Following the completion of the sale, the vice president directly owned 13,910,870 shares in the company, valued at approximately $48,270,718.90. The trade was a 0.41% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Damian Miguel Mindlin also recently made the following trade(s):
- On Tuesday, March 31st, Damian Miguel Mindlin sold 500,000 shares of Pampa Energia stock. The stock was sold at an average price of $3.57, for a total value of $1,785,000.00.
- On Friday, March 20th, Damian Miguel Mindlin sold 477 shares of Pampa Energia stock. The shares were sold at an average price of $3.65, for a total value of $1,741.05.
- On Thursday, March 19th, Damian Miguel Mindlin sold 300,000 shares of Pampa Energia stock. The shares were sold at an average price of $3.41, for a total value of $1,023,000.00.
- On Wednesday, March 18th, Damian Miguel Mindlin sold 429,000 shares of Pampa Energia stock. The shares were sold at an average price of $3.45, for a total value of $1,480,050.00.
Pampa Energia Stock Performance
NYSE PAM opened at $87.37 on Friday. The company has a market cap of $4.75 billion, a P/E ratio of 12.61, a P/E/G ratio of 3.45 and a beta of 1.06. The company has a debt-to-equity ratio of 0.51, a quick ratio of 2.75 and a current ratio of 3.11. The business's 50 day moving average price is $83.25 and its 200-day moving average price is $81.43. Pampa Energia S.A. has a fifty-two week low of $54.95 and a fifty-two week high of $94.50.
Pampa Energia (NYSE:PAM - Get Free Report) last released its earnings results on Sunday, February 15th. The utilities provider reported $2.50 earnings per share for the quarter. The firm had revenue of $507.00 million for the quarter. Pampa Energia had a return on equity of 10.75% and a net margin of 18.87%. Sell-side analysts predict that Pampa Energia S.A. will post 9.33 earnings per share for the current year.
Wall Street Analyst Weigh In
Several equities analysts have recently weighed in on PAM shares. HSBC raised Pampa Energia from a "hold" rating to a "buy" rating and boosted their target price for the company from $88.00 to $97.00 in a research report on Thursday, March 12th. Wall Street Zen raised Pampa Energia from a "hold" rating to a "strong-buy" rating in a research report on Saturday, March 14th. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Pampa Energia in a research report on Thursday, January 22nd. Finally, Zacks Research raised Pampa Energia from a "strong sell" rating to a "hold" rating in a research report on Tuesday, March 31st. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $105.00.
Check Out Our Latest Stock Analysis on Pampa Energia
Hedge Funds Weigh In On Pampa Energia
Hedge funds have recently bought and sold shares of the business. Banco BTG Pactual S.A. grew its position in Pampa Energia by 467.2% in the 2nd quarter. Banco BTG Pactual S.A. now owns 93,583 shares of the utilities provider's stock valued at $6,493,000 after acquiring an additional 77,083 shares during the last quarter. Helikon Investments Ltd grew its position in Pampa Energia by 41.9% in the 3rd quarter. Helikon Investments Ltd now owns 698,775 shares of the utilities provider's stock valued at $41,968,000 after acquiring an additional 206,197 shares during the last quarter. Moneda S.A. Administradora General de Fondos bought a new position in Pampa Energia in the 3rd quarter valued at $2,998,000. Brevan Howard Capital Management LP grew its position in Pampa Energia by 161.7% in the 3rd quarter. Brevan Howard Capital Management LP now owns 101,553 shares of the utilities provider's stock valued at $6,099,000 after acquiring an additional 62,750 shares during the last quarter. Finally, Ping Capital Management Inc. grew its position in Pampa Energia by 217.6% in the 3rd quarter. Ping Capital Management Inc. now owns 242,000 shares of the utilities provider's stock valued at $14,535,000 after acquiring an additional 165,800 shares during the last quarter. Institutional investors own 12.77% of the company's stock.
About Pampa Energia
(
Get Free Report)
Pampa Energía SA is Argentina's largest independent energy company, with integrated operations spanning electricity generation, transmission, distribution and oil and gas activities. The company holds a diversified portfolio of thermal and hydroelectric power plants, along with growing investments in renewable energy projects, serving both domestic and regional markets.
In its electricity business, Pampa Energía develops and operates plants that supply energy to Argentina's power grid.
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