Cresud S.A.C.I.F. y A. (NASDAQ:CRESY – Get Free Report) Director Fernando Elsztain sold 65,000 shares of the stock in a transaction dated Thursday, September 10th. The shares were sold at an average price of $1.25, for a total transaction of $81,250.00. Following the completion of the transaction, the director owned 515,736 shares of the company’s stock, valued at $644,670. This represents a 11.19% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Fernando Adrian Elsztain also recently made the following trade(s):
- On Wednesday, September 9th, Fernando Elsztain sold 35,000 shares of Cresud S.A.C.I.F. y A. stock. The stock was sold at an average price of $1.19, for a total value of $41,650.00.
- On Monday, August 24th, Fernando Elsztain sold 10,000 shares of Cresud S.A.C.I.F. y A. stock. The stock was sold at an average price of $1.05, for a total value of $10,500.00.
- On Thursday, August 20th, Fernando Elsztain sold 10,000 shares of Cresud S.A.C.I.F. y A. stock. The stock was sold at an average price of $1.10, for a total transaction of $11,000.00.
- On Wednesday, August 12th, Fernando Elsztain sold 10,000 shares of Cresud S.A.C.I.F. y A. stock. The shares were sold at an average price of $1.06, for a total transaction of $10,600.00.
- On Wednesday, July 22nd, Fernando Elsztain sold 20,000 shares of Cresud S.A.C.I.F. y A. stock. The shares were sold at an average price of $1.17, for a total value of $23,400.00.
- On Tuesday, July 21st, Fernando 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 value of $16,950.00.
- On Monday, July 6th, Fernando 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 value of $4,867.35.
Cresud S.A.C.I.F. y A. Trading Down 0.9%
Shares of NASDAQ CRESY traded down $0.10 during trading on Monday, reaching $12.04. The company had a trading volume of 62,431 shares, compared to its average volume of 264,641. Cresud S.A.C.I.F. y A. has a twelve month low of $8.41 and a twelve month high of $14.21. The stock has a market capitalization of $760.37 million, a PE ratio of 6.72 and a beta of 0.75. The business’s 50-day simple moving average is $11.19. The company has a quick ratio of 1.05, a current ratio of 1.43 and a debt-to-equity ratio of 0.46.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the business. Kopernik Global Investors LLC lifted its holdings in shares of Cresud S.A.C.I.F. y A. by 4.0% in the first quarter. Kopernik Global Investors LLC now owns 4,415,543 shares of the company’s stock valued at $56,166,000 after buying an additional 168,662 shares during the period. OceanIQ Capital LLC acquired a new stake in shares of Cresud S.A.C.I.F. y A. during the second quarter valued at approximately $650,000. Van ECK Associates Corp grew its position in Cresud S.A.C.I.F. y A. by 103.9% during 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 in the last quarter. VR Advisory Services Ltd raised its position in Cresud S.A.C.I.F. y A. by 113.0% during the third quarter. VR Advisory Services Ltd now owns 886,474 shares of the company’s stock valued at $8,156,000 after buying an additional 470,365 shares during the period. Finally, Sei Investments Co. grew its stake in Cresud S.A.C.I.F. y A. by 18.4% during the 3rd quarter. Sei Investments Co. now owns 117,331 shares of the company’s stock valued at $1,079,000 after acquiring an additional 18,215 shares in the last quarter. Institutional investors own 12.90% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities analysts recently weighed in on CRESY shares. Weiss Ratings restated a “hold (c)” rating on shares of Cresud S.A.C.I.F. y A. in a report on Wednesday, June 24th. Wall Street Zen cut shares of Cresud S.A.C.I.F. y A. from a “buy” rating to a “hold” rating in a research report on Saturday, May 23rd. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Cresud S.A.C.I.F. y A. currently has a consensus rating of “Hold”.
View Our Latest Analysis on CRESY
Cresud S.A.C.I.F. y A. Company Profile
Cresud SAC.I.F. y A. is an Argentine agricultural company engaged in the acquisition, development, and management of farmland. Its activities include the production of grains, oilseeds, sugarcane, and other crops, as well as cattle production. The company also develops and sells agricultural properties and provides related farming and land-management services.
Cresud’s operations are primarily based in Argentina, where it manages agricultural land and conducts crop and livestock activities.
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