Cosan S.A. Sponsored ADR (NYSE:CSAN – Get Free Report) insider Maria Rita De Carvalh Drummond sold 35,800 shares of the business’s stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $5.57, for a total value of $199,406.00. Following the sale, the insider directly owned 2,202,136 shares of the company’s stock, valued at approximately $12,265,897.52. This trade represents a 1.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Maria Rita De Carvalh Drummond also recently made the following trade(s):
- On Friday, April 17th, Maria Rita De Carvalh Drummond sold 37,400 shares of Cosan stock. The shares were sold at an average price of $5.48, for a total value of $204,952.00.
- On Thursday, April 16th, Maria Rita De Carvalh Drummond sold 36,200 shares of Cosan stock. The shares were sold at an average price of $5.48, for a total value of $198,376.00.
Cosan Price Performance
CSAN stock opened at $3.37 on Friday. The stock has a 50-day moving average price of $4.02 and a two-hundred day moving average price of $4.35. Cosan S.A. Sponsored ADR has a 12-month low of $3.25 and a 12-month high of $6.25. The company has a current ratio of 1.80, a quick ratio of 1.65 and a debt-to-equity ratio of 2.01. The company has a market cap of $3.34 billion, a PE ratio of -1.37 and a beta of 0.82.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the business. SmartHarvest Portfolios LLC purchased a new position in Cosan in the first quarter valued at about $46,000. Caitong International Asset Management Co. Ltd purchased a new position in Cosan in the fourth quarter valued at about $46,000. Royal Bank of Canada boosted its holdings in Cosan by 3,266.6% in the first quarter. Royal Bank of Canada now owns 12,389 shares of the company’s stock valued at $51,000 after purchasing an additional 12,021 shares during the last quarter. Tuttle Capital Management LLC bought a new position in Cosan during the 4th quarter worth approximately $51,000. Finally, Blue Trust Inc. lifted its holdings in Cosan by 12,141.9% during the 1st quarter. Blue Trust Inc. now owns 12,854 shares of the company’s stock worth $53,000 after buying an additional 12,749 shares during the last quarter.
About Cosan
Cosan Limited (NYSE: CSAN) is a Brazilian diversified energy and logistics group focused on agribusiness, fuels, and infrastructure. Its core activities include the cultivation of sugarcane, production of ethanol and sugar, generation of bioelectricity from bagasse, and distribution of fuels under the Raízen joint venture with Shell. Through its subsidiary Moove, Cosan is a leading global producer of base oils and lubricants, while Comgás serves as one of Brazil’s largest natural gas distributors.
Founded in 1936 in the state of São Paulo, Cosan has grown through organic expansion and strategic acquisitions.
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