Cresud S.A.C.I.F. y A. (NASDAQ:CRESY – Get Free Report) Director Fernando Adrian Elsztain sold 31,000 shares of the firm’s stock in a transaction on Tuesday, April 21st. The shares were sold at an average price of $1.16, for a total transaction of $35,960.00. Following the completion of the transaction, the director owned 755,121 shares in the company, valued at $875,940.36. The trade was a 3.94% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Fernando Adrian Elsztain also recently made the following trade(s):
- On Wednesday, July 22nd, Fernando Adrian Elsztain sold 20,000 shares of Cresud S.A.C.I.F. y A. stock. The stock was sold at an average price of $1.17, for a total transaction of $23,400.00.
- On Tuesday, July 21st, Fernando Adrian Elsztain sold 15,000 shares of Cresud S.A.C.I.F. y A. stock. The stock was sold at an average price of $1.13, for a total transaction of $16,950.00.
- On Monday, July 6th, Fernando Adrian Elsztain sold 4,385 shares of Cresud S.A.C.I.F. y A. stock. The shares were sold at an average price of $1.11, for a total transaction of $4,867.35.
- On Thursday, June 11th, Fernando Adrian Elsztain sold 70,000 shares of Cresud S.A.C.I.F. y A. stock. The shares were sold at an average price of $1.26, for a total value of $88,200.00.
Cresud S.A.C.I.F. y A. Stock Performance
Shares of NASDAQ:CRESY opened at $11.21 on Friday. The company has a current ratio of 1.43, a quick ratio of 1.05 and a debt-to-equity ratio of 0.46. The company has a 50-day simple moving average of $11.29. The firm has a market capitalization of $708.25 million, a P/E ratio of 5.05 and a beta of 0.73. Cresud S.A.C.I.F. y A. has a 52-week low of $8.39 and a 52-week high of $14.21.
Key Cresud S.A.C.I.F. y A. News
Here are the key news stories impacting Cresud S.A.C.I.F. y A. this week:
- Positive Sentiment: Institutional interest has improved, with Raymond James initiating a position and several firms—including VanECK Associates and Bank of America—increasing their holdings. Institutional ownership stands at approximately 12.9% of shares. Cresud insider trades and institutional ownership report
- Neutral Sentiment: Cresud’s latest reported quarterly results showed $0.45 in EPS on $182.78 million in revenue. Its low reported valuation, including a price-to-earnings ratio near 5, may provide some support, but the earnings release is not recent and offers limited insight into the immediate trading catalyst.
- Neutral Sentiment: Analyst sentiment remains cautious: Weiss Ratings maintained a “hold (c)” rating, while Wall Street Zen previously downgraded the stock from “buy” to “hold.” MarketBeat’s current consensus is “Hold.” Cresud analyst ratings and stock report
- Negative Sentiment: The director’s repeated selling is the clearest near-term pressure point. While the transactions are relatively small compared with the company’s market capitalization, investors may interpret consecutive insider sales as reduced confidence or a lack of urgency to accumulate shares, contributing to the stock’s weaker performance.
Hedge Funds Weigh In On Cresud S.A.C.I.F. y A.
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Kopernik Global Investors LLC increased its holdings in Cresud S.A.C.I.F. y A. by 13.9% in the 4th quarter. Kopernik Global Investors LLC now owns 4,246,881 shares of the company’s stock valued at $53,638,000 after buying an additional 519,091 shares during the period. VR Advisory Services Ltd raised its stake in shares of Cresud S.A.C.I.F. y A. by 113.0% in the 3rd 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 in the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Cresud S.A.C.I.F. y A. by 234.8% during the 4th quarter. Goldman Sachs Group Inc. now owns 114,368 shares of the company’s stock worth $1,444,000 after acquiring an additional 80,213 shares during the period. Jane Street Group LLC lifted its holdings in shares of Cresud S.A.C.I.F. y A. by 303.3% during the 4th quarter. Jane Street Group LLC now owns 84,132 shares of the company’s stock worth $1,063,000 after acquiring an additional 63,273 shares during the period. Finally, Sei Investments Co. boosted its position in shares of Cresud S.A.C.I.F. y A. by 66.2% during the 2nd quarter. Sei Investments Co. now owns 99,116 shares of the company’s stock valued at $1,066,000 after acquiring an additional 39,488 shares in the last quarter. 12.90% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
A number of research analysts have recently commented on CRESY shares. Weiss Ratings reiterated 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 downgraded shares of Cresud S.A.C.I.F. y A. from a “buy” rating to a “hold” rating in a research note on Saturday, May 23rd. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company presently has a consensus rating of “Hold”.
View Our Latest Stock Report on Cresud S.A.C.I.F. y A.
Cresud S.A.C.I.F. y A. Company Profile
Cresud SAC.I.F. y A. (NASDAQ:CRESY) is an Argentina-based company primarily engaged in agribusiness and real estate activities. Headquartered in Buenos Aires, Cresud operates through a network of subsidiaries focused on crop production, livestock breeding and sustainability initiatives. The company’s agricultural arm cultivates major row crops such as soybeans, corn and wheat, and maintains a sizeable cattle herd across its extensive landholdings.
In its farming operations, Cresud emphasizes soil management, water resource optimization and technological integration.
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