Pampa Energia S.A. (NYSE:PAM – Get Free Report) insider Damian Mindlin bought 1,432,197 shares of the company’s stock in a transaction on Monday, September 28th. The stock was bought at an average cost of $3.89 per share, with a total value of $5,571,246.33. Following the completion of the acquisition, the insider owned 13,959,067 shares of the company’s stock, valued at $54,300,770.63. This represents a 11.43% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.
Pampa Energia Price Performance
PAM traded up $0.18 during trading on Friday, reaching $76.27. 108,237 shares of the stock were exchanged, compared to its average volume of 213,437. The company has a debt-to-equity ratio of 0.64, a current ratio of 3.64 and a quick ratio of 3.23. The company has a market capitalization of $4.10 billion, a price-to-earnings ratio of 7.24, a P/E/G ratio of 0.25 and a beta of 0.93. Pampa Energia S.A. has a 1 year low of $58.50 and a 1 year high of $94.50. The business’s 50 day moving average price is $82.44 and its two-hundred day moving average price is $83.22.
Pampa Energia (NYSE:PAM – Get Free Report) last released its quarterly earnings results on Tuesday, June 30th. The utilities provider reported $2.50 earnings per share (EPS) for the quarter. Pampa Energia had a return on equity of 15.33% and a net margin of 23.58%.The business had revenue of $746.00 million during the quarter. As a group, equities research analysts anticipate that Pampa Energia S.A. will post 10.94 earnings per share for the current year.
Institutional Investors Weigh In On Pampa Energia
Wall Street Analysts Forecast Growth
PAM has been the subject of several research reports. Wall Street Zen downgraded Pampa Energia from a “strong-buy” rating to a “buy” rating in a research report on Sunday, September 27th. Zacks Research cut Pampa Energia from a “strong-buy” rating to a “hold” rating in a report on Monday, July 27th. Weiss Ratings reissued a “hold (c)” rating on shares of Pampa Energia in a research note on Wednesday, September 9th. Finally, JPMorgan Chase & Co. raised their price target on shares of Pampa Energia from $101.50 to $105.00 and gave the stock a “neutral” rating in a research note on Tuesday, September 1st. Two research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $105.00.
View Our Latest Research Report on PAM
Pampa Energia Company Profile
Pampa Energía SA is an Argentine integrated energy company with operations spanning electricity generation and oil and gas exploration and production. The company is one of Argentina’s leading private-sector power producers, supplying electricity through a portfolio that includes thermal, hydroelectric and renewable generation facilities.
In its upstream business, Pampa explores for and produces crude oil and natural gas in several of Argentina’s principal hydrocarbon basins, including the Vaca Muerta shale formation in Neuquén Province.
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