Insider Buying: Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LND) Director Buys $43,827.50 in Stock

Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LND – Get Free Report) Director Alejandro Elsztain bought 11,750 shares of the stock in a transaction on Monday, October 5th. The shares were purchased at an average price of $3.73 per share, with a total value of $43,827.50. Following the acquisition, the director owned 727,120 shares in the company, valued at approximately $2,712,157.60. This represents a 1.64% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

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

  • On Friday, October 2nd, Alejandro Elsztain purchased 15,000 shares of Brasilagro Cia Brasileira De Propriedades Agricolas stock. The stock was purchased at an average cost of $3.48 per share, for a total transaction of $52,200.00.
  • On Wednesday, September 30th, Alejandro Elsztain acquired 15,000 shares of Brasilagro Cia Brasileira De Propriedades Agricolas stock. The stock was acquired at an average cost of $3.48 per share, for a total transaction of $52,200.00.

Brasilagro Cia Brasileira De Propriedades Agricolas Stock Up 2.3%

Shares of LND stock opened at $3.79 on Thursday. The firm’s fifty day moving average price is $3.65 and its two-hundred day moving average price is $3.76. The company has a current ratio of 1.54, a quick ratio of 0.77 and a debt-to-equity ratio of 0.43. Brasilagro Cia Brasileira De Propriedades Agricolas has a 1 year low of $3.37 and a 1 year high of $4.45. The firm has a market capitalization of $388.64 million, a P/E ratio of -22.26 and a beta of 0.07.

Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LND – Get Free Report) last posted its quarterly earnings data on Friday, September 4th. The company reported ($0.03) EPS for the quarter. The business had revenue of $55.92 million for the quarter. Brasilagro Cia Brasileira De Propriedades Agricolas had a negative return on equity of 4.36% and a negative net margin of 9.93%.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded Brasilagro Cia Brasileira De Propriedades Agricolas from a “sell (d)” rating to a “sell (d+)” rating in a research note on Thursday, September 17th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Brasilagro Cia Brasileira De Propriedades Agricolas presently has an average rating of “Sell”.

Read Our Latest Report on Brasilagro Cia Brasileira De Propriedades Agricolas

Institutional Trading of Brasilagro Cia Brasileira De Propriedades Agricolas

A number of large investors have recently added to or reduced their stakes in LND. Renaissance Technologies LLC grew its position 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 valued at $590,000 after acquiring an additional 119,700 shares during the period. SmartHarvest Portfolios LLC increased its stake in shares of Brasilagro Cia Brasileira De Propriedades Agricolas by 14.1% during the 1st quarter. SmartHarvest Portfolios LLC now owns 21,768 shares of the company’s stock worth $92,000 after purchasing an additional 2,691 shares during the last quarter. Finally, Banco BTG Pactual S.A. bought a new stake in shares of Brasilagro Cia Brasileira De Propriedades Agricolas in the 4th quarter valued at about $265,000. Institutional investors and hedge funds own 1.15% of the company’s stock.

Brasilagro Cia Brasileira De Propriedades Agricolas Company Profile

(Get Free Report)

BrasilAgro – Companhia Brasileira de Propriedades Agrícolas is an agricultural land development and production company headquartered in Brazil. The company acquires, develops, operates and, when appropriate, sells rural properties, with a business model that combines agricultural production with the appreciation and monetization of farmland.

Its agricultural activities include the cultivation of grains, such as soybeans, corn and wheat, as well as cotton and sugarcane. BrasilAgro also operates cattle-raising activities and may rotate or diversify crops according to regional conditions, land characteristics and market opportunities.

Further Reading

Insider Buying and Selling by Quarter for Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LND)

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