SEB Asset Management AB bought a new position in shares of Patria Investments Limited (NYSE:PAX – Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 433,752 shares of the company’s stock, valued at approximately $5,465,000.
Several other institutional investors also recently modified their holdings of the stock. Advisory Services Network LLC bought a new position in shares of Patria Investments in the 3rd quarter valued at $73,000. Kemnay Advisory Services Inc. acquired a new position in Patria Investments in the 4th quarter worth about $94,000. Tower Research Capital LLC TRC raised its position in Patria Investments by 52.9% in the second quarter. Tower Research Capital LLC TRC now owns 8,148 shares of the company’s stock valued at $115,000 after purchasing an additional 2,818 shares during the last quarter. State of Wyoming raised its position in Patria Investments by 117.1% in the fourth quarter. State of Wyoming now owns 9,301 shares of the company’s stock valued at $148,000 after purchasing an additional 5,016 shares during the last quarter. Finally, State of Alaska Department of Revenue raised its position in Patria Investments by 262.8% in the fourth quarter. State of Alaska Department of Revenue now owns 9,683 shares of the company’s stock valued at $153,000 after purchasing an additional 7,014 shares during the last quarter. 96.27% of the stock is currently owned by institutional investors and hedge funds.
Patria Investments Stock Performance
NYSE PAX opened at $10.93 on Thursday. The company has a market capitalization of $727.10 million, a price-to-earnings ratio of 21.86, a PEG ratio of 1.28 and a beta of 0.74. Patria Investments Limited has a twelve month low of $10.56 and a twelve month high of $17.80. The stock has a fifty day simple moving average of $11.21 and a 200 day simple moving average of $12.78. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.31.
Analyst Upgrades and Downgrades
Read Our Latest Stock Report on PAX
Insider Buying and Selling
In related news, Director Olimpio Matarazzo Neto purchased 50,000 shares of Patria Investments stock in a transaction on Friday, June 5th. The shares were purchased at an average price of $11.46 per share, for a total transaction of $573,000.00. Following the transaction, the director owned 235,000 shares of the company’s stock, valued at approximately $2,693,100. This represents a 27.03% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. Over the last 90 days, insiders bought 175,000 shares of company stock worth $1,980,850. 58.10% of the stock is currently owned by insiders.
Patria Investments Company Profile
Patria Investments Limited (NYSE: PAX) is a Brazil-based alternative asset management firm specializing in private equity, infrastructure, real estate and credit investments. Since its founding in 1988, the firm has focused on identifying and partnering with high-potential companies and projects across Latin America. Patria’s investment approach combines local market expertise with global best practices to structure and manage portfolios that aim to deliver long-term value to institutional and high-net-worth clients.
The company’s core business activities include private equity funds targeting mid-market and large-cap buyouts, infrastructure funds investing in essential assets such as energy and transportation, real estate strategies encompassing residential, commercial and logistics properties, and credit funds that provide financing solutions across the capital structure.
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