Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LND) Director Purchases 14,500 Shares of Stock

Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LNDGet Free Report) Director Alejandro Gustavo Elsztain bought 14,500 shares of the business’s stock in a transaction that occurred on Thursday, June 25th. The shares were acquired at an average price of $3.52 per share, for a total transaction of $51,040.00. Following the transaction, the director owned 626,870 shares in the company, valued at $2,206,582.40. This represents a 2.37% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website.

Alejandro Gustavo Elsztain also recently made the following trade(s):

  • On Thursday, May 21st, Alejandro Gustavo Elsztain bought 13,500 shares of Brasilagro Cia Brasileira De Propriedades Agricolas stock. The stock was acquired at an average price of $3.82 per share, with a total value of $51,570.00.
  • On Tuesday, May 19th, Alejandro Gustavo Elsztain purchased 13,500 shares of Brasilagro Cia Brasileira De Propriedades Agricolas stock. The stock was acquired at an average cost of $3.74 per share, for a total transaction of $50,490.00.

Brasilagro Cia Brasileira De Propriedades Agricolas Trading Up 0.1%

Shares of Brasilagro Cia Brasileira De Propriedades Agricolas stock traded up $0.01 on Monday, reaching $3.58. 20,820 shares of the company’s stock were exchanged, compared to its average volume of 82,330. The company has a market capitalization of $367.08 million, a P/E ratio of -119.16 and a beta of 0.02. Brasilagro Cia Brasileira De Propriedades Agricolas has a 52 week low of $3.47 and a 52 week high of $4.45. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.69 and a current ratio of 1.47. The firm’s 50-day moving average is $3.78 and its two-hundred day moving average is $3.88.

Institutional Trading of Brasilagro Cia Brasileira De Propriedades Agricolas

Hedge funds and other institutional investors have recently bought and sold shares of the business. EverSource Wealth Advisors LLC bought a new position in shares of Brasilagro Cia Brasileira De Propriedades Agricolas in the second quarter valued at $37,000. SmartHarvest Portfolios LLC bought a new stake in shares of Brasilagro Cia Brasileira De Propriedades Agricolas during the fourth quarter worth about $68,000. Banco BTG Pactual S.A. bought a new stake in shares of Brasilagro Cia Brasileira De Propriedades Agricolas during the fourth quarter worth about $265,000. Windmill Hill Asset Management Ltd raised its holdings in shares of Brasilagro Cia Brasileira De Propriedades Agricolas by 100.0% in the 4th quarter. Windmill Hill Asset Management Ltd now owns 141,796 shares of the company’s stock worth $508,000 after acquiring an additional 70,898 shares during the last quarter. Finally, Renaissance Technologies LLC raised its holdings in shares of Brasilagro Cia Brasileira De Propriedades Agricolas by 604.5% in the 1st quarter. Renaissance Technologies LLC now owns 139,500 shares of the company’s stock worth $590,000 after acquiring an additional 119,700 shares during the last quarter. Institutional investors own 1.15% of the company’s stock.

Analyst Upgrades and Downgrades

LND has been the subject of a number of research reports. Weiss Ratings cut shares of Brasilagro Cia Brasileira De Propriedades Agricolas from a “sell (d+)” rating to a “sell (d)” rating in a report on Tuesday, June 23rd. Wall Street Zen cut shares of Brasilagro Cia Brasileira De Propriedades Agricolas from a “hold” rating to a “sell” rating in a research report on Saturday, May 16th. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Reduce”.

Read Our Latest Stock Analysis on Brasilagro Cia Brasileira De Propriedades Agricolas

Brasilagro Cia Brasileira De Propriedades Agricolas Company Profile

(Get Free Report)

Brasilagro Cia Brasileira De Propriedades Agrícolas is a Brazil-based agribusiness company focused on the acquisition, development and commercialization of agricultural land in key farming regions across the country. The company’s core activities include identifying undervalued or underutilized rural properties, implementing infrastructure improvements and modern farming practices, and either operating the land directly or selling it to third parties. Brasilagro’s land bank spans several states in Brazil, with holdings in Maranhão, Bahia, Tocantins, Goiás and Mato Grosso, among others.

In its agricultural operations, Brasilagro cultivates a variety of crops such as soybeans, corn and cotton, leveraging advances in crop genetics, irrigation and soil management to enhance productivity and sustainability.

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