Afya Limited (NASDAQ:AFYA) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Afya Limited (NASDAQ:AFYA) have been given a consensus rating of “Hold” by the eight analysts that are covering the stock, MarketBeat.com reports. Seven research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $17.10.

A number of equities research analysts have recently weighed in on the company. Weiss Ratings restated a “hold (c)” rating on shares of Afya in a research note on Monday, April 20th. Zacks Research cut shares of Afya from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 6th. JPMorgan Chase & Co. dropped their target price on shares of Afya from $21.50 to $21.00 and set a “neutral” rating on the stock in a research report on Monday, June 22nd. Bank of America reaffirmed a “neutral” rating on shares of Afya in a report on Thursday, June 11th. Finally, Wall Street Zen lowered shares of Afya from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 2nd.

Afya Stock Down 1.8%

Afya stock opened at $13.90 on Friday. Afya has a 1-year low of $13.00 and a 1-year high of $16.50. The business has a fifty day moving average price of $14.33 and a 200-day moving average price of $14.52. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.78 and a quick ratio of 1.78. The stock has a market capitalization of $1.30 billion, a price-to-earnings ratio of 9.08, a PEG ratio of 1.38 and a beta of 0.32.

Insider Transactions at Afya

In related news, VP Gomiero Mirella Basolli sold 10,000 shares of Afya stock in a transaction dated Friday, June 26th. The stock was sold at an average price of $14.80, for a total transaction of $148,000.00. Following the completion of the sale, the vice president owned 34,530 shares of the company’s stock, valued at $511,044. The trade was a 22.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Lelio De Souza Junior sold 41,541 shares of the company’s stock in a transaction that occurred on Friday, June 26th. The shares were sold at an average price of $15.00, for a total value of $623,115.00. Following the completion of the sale, the vice president owned 36,204 shares in the company, valued at approximately $543,060. This represents a 53.43% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 87,745 shares of company stock worth $1,314,175 over the last three months. Corporate insiders own 0.80% of the company’s stock.

Institutional Trading of Afya

Several large investors have recently made changes to their positions in AFYA. Daiwa Securities Group Inc. purchased a new position in shares of Afya during the fourth quarter worth $43,000. Militia Capital Partners LP purchased a new stake in Afya in the second quarter valued at $71,000. Quantbot Technologies LP acquired a new stake in Afya during the 2nd quarter worth about $117,000. Van ECK Associates Corp grew its position in Afya by 15.7% during the 3rd quarter. Van ECK Associates Corp now owns 10,170 shares of the company’s stock worth $159,000 after purchasing an additional 1,377 shares during the period. Finally, State of Wyoming purchased a new position in shares of Afya during the 2nd quarter valued at about $164,000. 88.02% of the stock is owned by hedge funds and other institutional investors.

Afya Company Profile

Afya Ltd. operates as a leading provider of medical education and training services in Brazil. The company offers a comprehensive suite of educational programs that span undergraduate medical degrees, residency exam preparation, continuing medical education (CME) and digital learning platforms. Through a network of partner institutions and its own campus operations, Afya supports students at every stage of the medical training continuum, from enrollment in medical schools to ongoing professional development for practicing physicians.

At the core of Afya’s offerings is its undergraduate medical program, delivered through a combination of in-person courses at affiliated campuses and fully digital curricula.