Patria Investments (NYSE:PAX) CEO Sells $86,700.00 in Stock

Patria Investments Limited (NYSE:PAXGet Free Report) CEO Marco Nicola D’ippolito sold 7,500 shares of the company’s stock in a transaction on Tuesday, April 14th. The stock was sold at an average price of $11.56, for a total transaction of $86,700.00. Following the completion of the sale, the chief executive officer owned 443,178 shares of the company’s stock, valued at $5,123,137.68. This represents a 1.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Marco Nicola D’ippolito also recently made the following trade(s):

  • On Thursday, August 6th, Marco Nicola D’ippolito sold 7,004 shares of Patria Investments stock. The shares were sold at an average price of $11.29, for a total value of $79,075.16.

Patria Investments Price Performance

Shares of NYSE:PAX opened at $11.60 on Thursday. Patria Investments Limited has a fifty-two week low of $10.55 and a fifty-two week high of $17.80. The business has a 50-day moving average of $11.15 and a two-hundred day moving average of $11.89. The stock has a market capitalization of $771.67 million, a P/E ratio of 23.20, a P/E/G ratio of 1.28 and a beta of 0.76. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.91 and a quick ratio of 0.91.

Patria Investments Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, September 14th. Investors of record on Monday, August 10th will be issued a $0.1625 dividend. This represents a $0.65 annualized dividend and a yield of 5.6%. The ex-dividend date is Monday, August 10th. Patria Investments’s payout ratio is 147.73%.

Analyst Ratings Changes

Separately, Zacks Research raised shares of Patria Investments from a “strong sell” rating to a “hold” rating in a report on Monday, July 20th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Patria Investments has an average rating of “Hold” and a consensus target price of $17.00.

Get Our Latest Report on PAX

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Pertento Partners LLP increased its stake in Patria Investments by 12.9% during the fourth quarter. Pertento Partners LLP now owns 4,483,299 shares of the company’s stock valued at $71,240,000 after acquiring an additional 511,327 shares during the period. Samlyn Capital LLC lifted its position in shares of Patria Investments by 3.4% in the 3rd quarter. Samlyn Capital LLC now owns 1,986,266 shares of the company’s stock worth $28,999,000 after acquiring an additional 66,161 shares during the period. State Street Corp lifted its position in shares of Patria Investments by 6.4% in the 4th quarter. State Street Corp now owns 1,361,241 shares of the company’s stock worth $21,631,000 after acquiring an additional 82,067 shares during the period. Millennium Management LLC grew its holdings in shares of Patria Investments by 56.9% during the 4th quarter. Millennium Management LLC now owns 1,357,116 shares of the company’s stock worth $21,565,000 after purchasing an additional 492,009 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in shares of Patria Investments by 2.3% during the fourth quarter. Geode Capital Management LLC now owns 853,986 shares of the company’s stock valued at $13,570,000 after purchasing an additional 19,133 shares during the period. Institutional investors and hedge funds own 96.27% of the company’s stock.

About Patria Investments

(Get Free Report)

Patria Investments Limited (NYSE: PAX) is a Brazil-based alternative asset management firm specializing in private equity, infrastructure, real estate and credit investments. Since its founding in 1988, the firm has focused on identifying and partnering with high-potential companies and projects across Latin America. Patria’s investment approach combines local market expertise with global best practices to structure and manage portfolios that aim to deliver long-term value to institutional and high-net-worth clients.

The company’s core business activities include private equity funds targeting mid-market and large-cap buyouts, infrastructure funds investing in essential assets such as energy and transportation, real estate strategies encompassing residential, commercial and logistics properties, and credit funds that provide financing solutions across the capital structure.

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