Key Points
- Director Marcos Marcelo Mindlin sold a total of 4,425,000 Pampa Energia shares across April 16–22 for about $15.48 million, including a 1.5M‑share sale on April 22 that left him with 24,971,973 shares (a 5.67% ownership reduction) valued at roughly $87.65M.
- Pampa Energia trades near $82.94 with a 12‑month range of $54.95–$94.50, a market cap of $4.51 billion and a P/E of 11.97; analysts hold a mixed view but the consensus target is $105 (2 Buy, 2 Hold).
- The company reported quarterly EPS $2.50 on revenue of $507M, with a net margin of 18.87% and analysts forecasting 8.6 EPS for the current fiscal year.
Pampa Energia S.A. (NYSE:PAM - Get Free Report) Director Marcos Marcelo Mindlin sold 1,500,000 shares of the firm's stock in a transaction on Wednesday, April 22nd. The shares were sold at an average price of $3.51, for a total transaction of $5,265,000.00. Following the completion of the sale, the director owned 24,971,973 shares in the company, valued at $87,651,625.23. The trade was a 5.67% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.
Marcos Marcelo Mindlin also recently made the following trade(s):
- On Monday, April 20th, Marcos Marcelo Mindlin sold 1,250,000 shares of Pampa Energia stock. The shares were sold at an average price of $3.43, for a total transaction of $4,287,500.00.
- On Thursday, April 16th, Marcos Marcelo Mindlin sold 1,675,000 shares of Pampa Energia stock. The shares were sold at an average price of $3.54, for a total transaction of $5,929,500.00.
Pampa Energia Price Performance
Shares of PAM opened at $82.94 on Friday. Pampa Energia S.A. has a twelve month low of $54.95 and a twelve month high of $94.50. The firm's fifty day simple moving average is $83.07 and its 200-day simple moving average is $82.74. The firm has a market capitalization of $4.51 billion, a price-to-earnings ratio of 11.97, a PEG ratio of 3.29 and a beta of 1.06. The company has a current ratio of 3.11, a quick ratio of 2.75 and a debt-to-equity ratio of 0.51.
Pampa Energia (NYSE:PAM - Get Free Report) last announced its quarterly earnings data on Sunday, February 15th. The utilities provider reported $2.50 earnings per share for the quarter. Pampa Energia had a net margin of 18.87% and a return on equity of 10.75%. The business had revenue of $507.00 million for the quarter. Equities analysts forecast that Pampa Energia S.A. will post 8.6 EPS for the current fiscal year.
Institutional Investors Weigh In On Pampa Energia
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Raymond James Financial Inc. acquired a new stake in Pampa Energia during the 2nd quarter worth $37,000. NFJ Investment Group LLC acquired a new stake in Pampa Energia during the 4th quarter worth $104,000. Van ECK Associates Corp acquired a new stake in Pampa Energia during the 3rd quarter worth $139,000. Arete Wealth Advisors LLC purchased a new position in Pampa Energia during the 4th quarter worth $212,000. Finally, DGS Capital Management LLC purchased a new position in Pampa Energia during the 4th quarter worth $234,000. 12.77% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of brokerages have recently weighed in on PAM. Zacks Research upgraded shares of Pampa Energia from a "strong sell" rating to a "hold" rating in a report on Tuesday, March 31st. HSBC upgraded shares of Pampa Energia from a "hold" rating to a "buy" rating and lifted their price target for the stock from $88.00 to $97.00 in a research note on Thursday, March 12th. Wall Street Zen upgraded shares of Pampa Energia from a "hold" rating to a "strong-buy" rating in a research note on Saturday, March 14th. Finally, Weiss Ratings reiterated a "hold (c-)" rating on shares of Pampa Energia in a research note on Thursday, January 22nd. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $105.00.
View Our Latest Research Report on Pampa Energia
Pampa Energia Company Profile
(
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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