Cresud S.A.C.I.F. y A. (NASDAQ:CRESY – Get Free Report) Director Fernando Adrian Elsztain sold 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, July 22nd. The shares were sold at an average price of $1.17, for a total transaction of $23,400.00. Following the completion of the transaction, the director owned 645,736 shares in the company, valued at $755,511.12. The trade was a 3.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.
Fernando Adrian Elsztain also recently made the following trade(s):
- On Tuesday, July 21st, Fernando Adrian Elsztain sold 15,000 shares of Cresud S.A.C.I.F. y A. stock. The shares were sold at an average price of $1.13, for a total transaction of $16,950.00.
- On Monday, July 6th, Fernando Adrian Elsztain sold 4,385 shares of Cresud S.A.C.I.F. y A. stock. The stock was sold at an average price of $1.11, for a total transaction of $4,867.35.
- On Thursday, June 11th, Fernando Adrian Elsztain sold 70,000 shares of Cresud S.A.C.I.F. y A. stock. The stock was sold at an average price of $1.26, for a total transaction of $88,200.00.
Cresud S.A.C.I.F. y A. Stock Down 3.4%
Cresud S.A.C.I.F. y A. stock opened at $11.21 on Friday. Cresud S.A.C.I.F. y A. has a 52-week low of $8.39 and a 52-week high of $14.21. The stock has a fifty day simple moving average of $11.29. The firm has a market capitalization of $708.25 million, a price-to-earnings ratio of 5.05 and a beta of 0.73. The company has a quick ratio of 1.05, a current ratio of 1.43 and a debt-to-equity ratio of 0.46.
Key Stories Impacting Cresud S.A.C.I.F. y A.
Here are the key news stories impacting Cresud S.A.C.I.F. y A. this week:
- Positive Sentiment: Institutional interest has improved, with Raymond James initiating a position and several firms—including VanECK Associates and Bank of America—increasing their holdings. Institutional ownership stands at approximately 12.9% of shares. Cresud insider trades and institutional ownership report
- Neutral Sentiment: Cresud’s latest reported quarterly results showed $0.45 in EPS on $182.78 million in revenue. Its low reported valuation, including a price-to-earnings ratio near 5, may provide some support, but the earnings release is not recent and offers limited insight into the immediate trading catalyst.
- Neutral Sentiment: Analyst sentiment remains cautious: Weiss Ratings maintained a “hold (c)” rating, while Wall Street Zen previously downgraded the stock from “buy” to “hold.” MarketBeat’s current consensus is “Hold.” Cresud analyst ratings and stock report
- Negative Sentiment: The director’s repeated selling is the clearest near-term pressure point. While the transactions are relatively small compared with the company’s market capitalization, investors may interpret consecutive insider sales as reduced confidence or a lack of urgency to accumulate shares, contributing to the stock’s weaker performance.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in the stock. Raymond James Financial Inc. acquired a new position in Cresud S.A.C.I.F. y A. during the 2nd quarter worth $25,000. Van ECK Associates Corp increased its position in shares of Cresud S.A.C.I.F. y A. by 103.9% in the 4th quarter. Van ECK Associates Corp now owns 5,802 shares of the company’s stock worth $73,000 after purchasing an additional 2,957 shares during the last quarter. Bank of America Corp DE raised its stake in shares of Cresud S.A.C.I.F. y A. by 464.8% in the 4th quarter. Bank of America Corp DE now owns 8,116 shares of the company’s stock valued at $103,000 after purchasing an additional 6,679 shares in the last quarter. Salzhauer Michael acquired a new stake in shares of Cresud S.A.C.I.F. y A. in the 4th quarter valued at about $126,000. Finally, Acuitas Investments LLC acquired a new stake in shares of Cresud S.A.C.I.F. y A. in the 1st quarter valued at about $127,000. 12.90% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
A number of research analysts have commented on CRESY shares. Wall Street Zen cut Cresud S.A.C.I.F. y A. from a “buy” rating to a “hold” rating in a research note on Saturday, May 23rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Cresud S.A.C.I.F. y A. in a research note on Wednesday, June 24th. One analyst has rated the stock with a Hold rating, According to MarketBeat, the company currently has a consensus rating of “Hold”.
Read Our Latest Stock Report on Cresud S.A.C.I.F. y A.
Cresud S.A.C.I.F. y A. Company Profile
Cresud SAC.I.F. y A. (NASDAQ:CRESY) is an Argentina-based company primarily engaged in agribusiness and real estate activities. Headquartered in Buenos Aires, Cresud operates through a network of subsidiaries focused on crop production, livestock breeding and sustainability initiatives. The company’s agricultural arm cultivates major row crops such as soybeans, corn and wheat, and maintains a sizeable cattle herd across its extensive landholdings.
In its farming operations, Cresud emphasizes soil management, water resource optimization and technological integration.
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