Pampa Energia S.A. (NYSE:PAM - Get Free Report) Director Marcos Marcelo Mindlin acquired 150,000 shares of the business's stock in a transaction on Thursday, August 27th. The shares were purchased at an average price of $3.38 per share, for a total transaction of $507,000.00. Following the purchase, the director directly owned 22,180,592 shares of the company's stock, valued at $74,970,400.96. This represents a 0.68% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Marcos Marcelo Mindlin also recently made the following trade(s):
- On Wednesday, August 19th, Marcos Marcelo Mindlin bought 902,975 shares of Pampa Energia stock. The shares were purchased at an average cost of $3.34 per share, for a total transaction of $3,015,936.50.
- On Tuesday, August 18th, Marcos Marcelo Mindlin bought 396,950 shares of Pampa Energia stock. The stock was purchased at an average price of $3.35 per share, with a total value of $1,329,782.50.
- On Wednesday, July 8th, Marcos Marcelo Mindlin sold 1,500,000 shares of Pampa Energia stock. The stock was sold at an average price of $3.54, for a total value of $5,310,000.00.
- On Wednesday, July 1st, Marcos Marcelo Mindlin sold 1,502,000 shares of Pampa Energia stock. The shares were sold at an average price of $3.41, for a total value of $5,121,820.00.
- On Friday, June 26th, Marcos Marcelo Mindlin purchased 287,916 shares of Pampa Energia stock. The shares were purchased at an average cost of $3.37 per share, for a total transaction of $970,276.92.
- On Thursday, June 25th, Marcos Marcelo Mindlin acquired 383,600 shares of Pampa Energia stock. The shares were purchased at an average price of $3.37 per share, for a total transaction of $1,292,732.00.
- On Wednesday, June 24th, Marcos Marcelo Mindlin acquired 739,178 shares of Pampa Energia stock. The shares were purchased at an average price of $3.35 per share, for a total transaction of $2,476,246.30.
Pampa Energia Stock Performance
Pampa Energia stock opened at $82.17 on Tuesday. The company has a debt-to-equity ratio of 0.64, a current ratio of 3.64 and a quick ratio of 3.23. Pampa Energia S.A. has a 12 month low of $54.95 and a 12 month high of $94.50. The company has a fifty day moving average price of $82.53 and a two-hundred day moving average price of $82.90. The company has a market cap of $4.42 billion, a PE ratio of 7.80, a P/E/G ratio of 0.27 and a beta of 0.97.
Pampa Energia (NYSE:PAM - Get Free Report) last issued its earnings results on Tuesday, June 30th. The utilities provider reported $2.50 EPS for the quarter. The company had revenue of $746.00 million during the quarter. Pampa Energia had a return on equity of 15.33% and a net margin of 23.58%. Research analysts expect that Pampa Energia S.A. will post 10.68 earnings per share for the current year.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of PAM. Raymond James Financial Inc. bought a new stake in shares of Pampa Energia during the second quarter valued at about $37,000. NFJ Investment Group LLC bought a new position in Pampa Energia in the 4th quarter valued at about $104,000. Van ECK Associates Corp bought a new position in Pampa Energia in the 3rd quarter valued at about $139,000. Arete Wealth Advisors LLC acquired a new position in Pampa Energia during the 4th quarter valued at about $212,000. Finally, DGS Capital Management LLC acquired a new position in Pampa Energia during the 4th quarter valued at about $234,000. 12.77% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
PAM has been the subject of a number of recent research reports. Weiss Ratings restated a "hold (c)" rating on shares of Pampa Energia in a research note on Friday, June 12th. JPMorgan Chase & Co. raised their target price on Pampa Energia from $97.50 to $101.50 and gave the company a "neutral" rating in a research note on Monday, June 1st. Wall Street Zen downgraded shares of Pampa Energia from a "strong-buy" rating to a "buy" rating in a report on Sunday, August 23rd. Finally, Zacks Research cut shares of Pampa Energia from a "strong-buy" rating to a "hold" rating in a report on Monday, July 27th. Two research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. According to MarketBeat, Pampa Energia has a consensus rating of "Hold" and a consensus price target of $103.83.
Get Our Latest Analysis 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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