Afya (NASDAQ:AFYA) Insider Sells $52,867.50 in Stock

Afya Limited (NASDAQ:AFYA) insider Santos Welder Ferreira sold 3,325 shares of the firm’s stock in a transaction that occurred on Friday, April 17th. The shares were sold at an average price of $15.90, for a total transaction of $52,867.50. Following the transaction, the insider owned 35,000 shares in the company, valued at $556,500. This represents a 8.68% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Afya Price Performance

NASDAQ AFYA opened at $15.65 on Thursday. Afya Limited has a 12 month low of $13.00 and a 12 month high of $19.90. The company has a debt-to-equity ratio of 0.41, a current ratio of 2.20 and a quick ratio of 2.20. The firm has a market capitalization of $1.47 billion, a PE ratio of 10.72, a P/E/G ratio of 0.71 and a beta of 0.48. The company’s 50 day simple moving average is $14.55 and its 200 day simple moving average is $14.69.

Afya (NASDAQ:AFYA) last posted its quarterly earnings data on Wednesday, March 11th. The company reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.36 by $0.05. Afya had a net margin of 20.31% and a return on equity of 18.77%. The business had revenue of $147.08 million for the quarter, compared to analyst estimates of $174.74 million. As a group, equities research analysts forecast that Afya Limited will post 1.67 EPS for the current fiscal year.

Afya Dividend Announcement

The firm also recently announced an annual dividend, which was paid on Monday, April 6th. Investors of record on Wednesday, March 25th were issued a dividend of $0.656 per share. This represents a yield of 433.0%. The ex-dividend date was Wednesday, March 25th. Afya’s dividend payout ratio (DPR) is presently 45.21%.

Hedge Funds Weigh In On Afya

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. XTX Topco Ltd acquired a new position in Afya in the 4th quarter worth approximately $215,000. Mangrove Partners IM LLC acquired a new position in Afya in the 4th quarter worth approximately $197,000. State Street Corp boosted its stake in Afya by 25.8% in the 4th quarter. State Street Corp now owns 126,914 shares of the company’s stock worth $1,955,000 after purchasing an additional 26,005 shares during the period. Campbell & CO Investment Adviser LLC boosted its stake in Afya by 45.3% in the 4th quarter. Campbell & CO Investment Adviser LLC now owns 39,683 shares of the company’s stock worth $612,000 after purchasing an additional 12,365 shares during the period. Finally, Banco BTG Pactual S.A. acquired a new position in Afya in the 4th quarter worth approximately $462,000. Institutional investors and hedge funds own 88.02% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently weighed in on AFYA. JPMorgan Chase & Co. restated a “neutral” rating and set a $22.00 target price (down from $24.50) on shares of Afya in a report on Wednesday, January 7th. Zacks Research upgraded shares of Afya from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 7th. Weiss Ratings restated a “hold (c)” rating on shares of Afya in a report on Monday. Wall Street Zen upgraded shares of Afya from a “buy” rating to a “strong-buy” rating in a report on Saturday, March 14th. Finally, Bank of America cut shares of Afya from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $22.00 to $17.00 in a report on Tuesday, February 24th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, Afya currently has a consensus rating of “Hold” and a consensus target price of $17.30.

Afya Company Profile

Afya Ltd. operates as a leading provider of medical education and training services in Brazil. The company offers a comprehensive suite of educational programs that span undergraduate medical degrees, residency exam preparation, continuing medical education (CME) and digital learning platforms. Through a network of partner institutions and its own campus operations, Afya supports students at every stage of the medical training continuum, from enrollment in medical schools to ongoing professional development for practicing physicians.

At the core of Afya’s offerings is its undergraduate medical program, delivered through a combination of in-person courses at affiliated campuses and fully digital curricula.