Key Points
- Director Marcos Marcelo Mindlin sold 1,250,000 Pampa Energia shares on April 20 at an average of $3.43 (≈$4.29M), and had also sold 1,675,000 shares on April 16 at $3.54 (≈$5.93M), reducing his stake by 8.21% to 13,971,973 shares valued at about $47.9M.
- Pampa Energia stock is trading near the low‑$80s (opened $83.07) with a market cap of about $4.52B, a PE of 11.99, and a 12‑month range of $54.95–$94.50.
- Analyst coverage is mixed but leans positive with an average rating of "Moderate Buy" and an average target of $105, while institutional investors own roughly 12.77% of the shares.
Pampa Energia S.A. (NYSE:PAM - Get Free Report) Director Marcos Marcelo Mindlin sold 1,250,000 shares of the firm's stock in a transaction that occurred on Monday, April 20th. The stock was sold at an average price of $3.43, for a total transaction of $4,287,500.00. Following the sale, the director owned 13,971,973 shares of the company's stock, valued at $47,923,867.39. This trade represents a 8.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Marcos Marcelo Mindlin also recently made the following trade(s):
- On Thursday, April 16th, Marcos Marcelo Mindlin sold 1,675,000 shares of Pampa Energia stock. The stock was sold at an average price of $3.54, for a total transaction of $5,929,500.00.
Pampa Energia Trading Up 1.4%
Shares of PAM stock opened at $83.07 on Wednesday. The firm has a 50 day moving average price of $83.11 and a two-hundred day moving average price of $82.74. The company has a quick ratio of 2.75, a current ratio of 3.11 and a debt-to-equity ratio of 0.51. The company has a market capitalization of $4.52 billion, a PE ratio of 11.99, a price-to-earnings-growth ratio of 3.26 and a beta of 1.06. Pampa Energia S.A. has a 12-month low of $54.95 and a 12-month high of $94.50.
Pampa Energia (NYSE:PAM - Get Free Report) last issued its quarterly earnings data on Sunday, February 15th. The utilities provider reported $2.50 earnings per share (EPS) for the quarter. The firm had revenue of $507.00 million during the quarter. Pampa Energia had a net margin of 18.87% and a return on equity of 10.75%. As a group, analysts predict that Pampa Energia S.A. will post 8.6 earnings per share for the current year.
Institutional Investors Weigh In On Pampa Energia
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Pictet Asset Management Holding SA raised its position in shares of Pampa Energia by 1.9% in the fourth quarter. Pictet Asset Management Holding SA now owns 16,531 shares of the utilities provider's stock valued at $1,463,000 after buying an additional 316 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Pampa Energia in the second quarter valued at approximately $37,000. NFJ Investment Group LLC acquired a new stake in shares of Pampa Energia in the fourth quarter valued at approximately $104,000. BNP Paribas Financial Markets raised its position in shares of Pampa Energia by 10.4% in the third quarter. BNP Paribas Financial Markets now owns 13,672 shares of the utilities provider's stock valued at $821,000 after buying an additional 1,290 shares in the last quarter. Finally, Diversify Advisory Services LLC raised its position in shares of Pampa Energia by 23.3% in the second quarter. Diversify Advisory Services LLC now owns 7,172 shares of the utilities provider's stock valued at $546,000 after buying an additional 1,353 shares in the last quarter. 12.77% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several equities research analysts have issued reports on the stock. HSBC upgraded shares of Pampa Energia from a "hold" rating to a "buy" rating and raised their price objective for the stock from $88.00 to $97.00 in a research report on Thursday, March 12th. Weiss Ratings restated a "hold (c-)" rating on shares of Pampa Energia in a research report on Thursday, January 22nd. Zacks Research upgraded shares of Pampa Energia from a "strong sell" rating to a "hold" rating in a research report on Tuesday, March 31st. Finally, Wall Street Zen upgraded shares of Pampa Energia from a "hold" rating to a "strong-buy" rating in a research report on Saturday, March 14th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $105.00.
View Our Latest Research Report on PAM
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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