Insider Buying: Navios Maritime Partners (NYSE:NMM) Insider Buys $84,248.48 in Stock

Navios Maritime Partners LP (NYSE:NMMGet Free Report) insider Angeliki Frangou purchased 1,072 shares of the company’s stock in a transaction on Tuesday, July 28th. The stock was purchased at an average cost of $78.59 per share, for a total transaction of $84,248.48. Following the purchase, the insider directly owned 4,779,908 shares in the company, valued at approximately $375,652,969.72. This trade represents a 0.02% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Angeliki Frangou also recently made the following trade(s):

  • On Thursday, July 30th, Angeliki Frangou bought 1,068 shares of Navios Maritime Partners stock. The stock was purchased at an average price of $78.37 per share, for a total transaction of $83,699.16.
  • On Wednesday, July 29th, Angeliki Frangou acquired 1,051 shares of Navios Maritime Partners stock. The stock was acquired at an average cost of $78.55 per share, for a total transaction of $82,556.05.
  • On Wednesday, July 22nd, Angeliki Frangou purchased 1,121 shares of Navios Maritime Partners stock. The shares were acquired at an average cost of $74.07 per share, for a total transaction of $83,032.47.
  • On Tuesday, July 21st, Angeliki Frangou bought 1,149 shares of Navios Maritime Partners stock. The shares were bought at an average price of $74.03 per share, for a total transaction of $85,060.47.
  • On Monday, July 20th, Angeliki Frangou acquired 1,167 shares of Navios Maritime Partners stock. The shares were bought at an average price of $72.95 per share, for a total transaction of $85,132.65.
  • On Monday, July 27th, Angeliki Frangou purchased 1,053 shares of Navios Maritime Partners stock. The stock was purchased at an average price of $77.64 per share, with a total value of $81,754.92.
  • On Friday, July 24th, Angeliki Frangou bought 1,084 shares of Navios Maritime Partners stock. The stock was purchased at an average price of $79.02 per share, with a total value of $85,657.68.
  • On Thursday, July 23rd, Angeliki Frangou acquired 1,131 shares of Navios Maritime Partners stock. The stock was acquired at an average cost of $74.81 per share, with a total value of $84,610.11.
  • On Tuesday, July 14th, Angeliki Frangou acquired 1,105 shares of Navios Maritime Partners stock. The stock was bought at an average cost of $75.58 per share, for a total transaction of $83,515.90.
  • On Monday, July 13th, Angeliki Frangou purchased 1,100 shares of Navios Maritime Partners stock. The stock was bought at an average cost of $75.41 per share, for a total transaction of $82,951.00.

Navios Maritime Partners Price Performance

Shares of NYSE NMM opened at $80.92 on Friday. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 0.57. The firm has a market cap of $2.32 billion, a P/E ratio of 6.82 and a beta of 1.00. The business’s 50 day moving average is $73.39 and its 200-day moving average is $68.78. Navios Maritime Partners LP has a 1-year low of $40.80 and a 1-year high of $82.84.

Navios Maritime Partners (NYSE:NMMGet Free Report) last announced its earnings results on Thursday, May 21st. The shipping company reported $3.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.77 by $0.58. Navios Maritime Partners had a net margin of 25.05% and a return on equity of 10.48%. The company had revenue of $357.01 million during the quarter, compared to analysts’ expectations of $317.80 million. During the same quarter in the previous year, the business posted $1.58 earnings per share. Navios Maritime Partners’s quarterly revenue was up 17.4% on a year-over-year basis.

Navios Maritime Partners Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 13th. Shareholders of record on Monday, August 10th will be issued a $0.06 dividend. The ex-dividend date of this dividend is Monday, August 10th. This represents a $0.24 annualized dividend and a yield of 0.3%. Navios Maritime Partners’s payout ratio is currently 2.02%.

Analysts Set New Price Targets

NMM has been the subject of several research analyst reports. Jefferies Financial Group started coverage on shares of Navios Maritime Partners in a research report on Friday, April 24th. They set a “buy” rating and a $85.00 price objective for the company. Weiss Ratings lowered shares of Navios Maritime Partners from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, May 28th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $85.00.

View Our Latest Stock Analysis on Navios Maritime Partners

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. JPMorgan Chase & Co. raised its holdings in shares of Navios Maritime Partners by 95.5% during the third quarter. JPMorgan Chase & Co. now owns 34,884 shares of the shipping company’s stock valued at $1,572,000 after purchasing an additional 17,040 shares during the period. Marnell Management LLC purchased a new stake in shares of Navios Maritime Partners in the fourth quarter worth approximately $5,027,000. ING Groep NV lifted its stake in Navios Maritime Partners by 51.7% during the 4th quarter. ING Groep NV now owns 146,500 shares of the shipping company’s stock valued at $7,681,000 after acquiring an additional 49,900 shares in the last quarter. SG Americas Securities LLC bought a new position in shares of Navios Maritime Partners during the first quarter valued at about $622,000. Finally, Live Oak Investment Partners lifted its position in shares of Navios Maritime Partners by 6.8% during the 4th quarter. Live Oak Investment Partners now owns 32,280 shares of the shipping company’s stock worth $1,692,000 after buying an additional 2,063 shares in the last quarter. Institutional investors and hedge funds own 62.74% of the company’s stock.

Navios Maritime Partners News Roundup

Here are the key news stories impacting Navios Maritime Partners this week:

  • Positive Sentiment: Chairwoman and insider Angeliki Frangou purchased approximately 1,051–1,072 shares on July 28–30 at prices near $78–$79 per share. The purchases are small relative to her roughly 4.8 million-share holding, but the repeated open-market buying can be interpreted as a positive signal about management’s confidence. Insider Buying: Navios Maritime Partners Insider Buys 1,051 Shares
  • Positive Sentiment: Navios Partners declared a quarterly cash distribution of $0.06 per unit, payable August 13 to holders of record August 10. The $0.24 annualized distribution provides a modest approximately 0.3% yield and may support investor interest in the partnership. Navios Maritime Partners Announces Cash Distribution
  • Positive Sentiment: Market coverage describes NMM as a stock nearing a potential buy point after a roughly 50% rally, highlighting strong momentum and investor attention. The company’s latest reported quarter also showed earnings and revenue above expectations, with revenue up 17.4% year over year.
  • Neutral Sentiment: Analyst sentiment remains moderately bullish: Jefferies has a Buy rating and an $85 price target, while another service rates the shares Hold. The consensus target of $85 suggests limited upside from recent trading levels.
  • Negative Sentiment: The sharp rally and proximity to the 52-week high could encourage profit-taking, particularly because the dividend yield is low. Weiss Ratings recently downgraded NMM from Buy to Hold, adding a cautionary signal.

Navios Maritime Partners Company Profile

(Get Free Report)

Navios Maritime Partners L.P. (NYSE: NMM) is a dry bulk shipping company that owns and operates a fleet of Capesize, Panamax and Supramax vessels. The partnership charters its vessels under medium- and long-term contracts to a diverse group of charterers, providing seaborne transportation for major bulk cargoes such as iron ore, coal, grain and fertilizers. Through this asset-light model, Navios Maritime Partners seeks to generate stable cash flows while retaining flexibility to capitalize on market opportunities.

Formed in November 2007 and sponsored by Navios Maritime Holdings Inc, the partnership leverages the operating platform and commercial management capabilities of the Navios group.

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Insider Buying and Selling by Quarter for Navios Maritime Partners (NYSE:NMM)

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