Angeliki Frangou Acquires 1,167 Shares of Navios Maritime Partners (NYSE:NMM) Stock

Navios Maritime Partners LP (NYSE:NMM) insider Angeliki Frangou acquired 1,167 shares of the company’s stock in a transaction dated Monday, July 20th. The stock was acquired at an average cost of $72.95 per share, for a total transaction of $85,132.65. Following the completion of the acquisition, the insider directly owned 4,773,298 shares in the company, valued at approximately $348,212,089.10. The trade was a 0.02% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink.

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

• On Wednesday, July 22nd, Angeliki Frangou bought 1,121 shares of Navios Maritime Partners stock. The shares were acquired at an average cost of $74.07 per share, with a total value of $83,032.47.
• On Tuesday, July 21st, Angeliki Frangou bought 1,149 shares of Navios Maritime Partners stock. The shares were acquired at an average price of $74.03 per share, with a total value of $85,060.47.
• On Monday, July 27th, Angeliki Frangou purchased 1,053 shares of Navios Maritime Partners stock. The stock was acquired at an average cost of $77.64 per share, for a total transaction of $81,754.92.
• On Friday, July 24th, Angeliki Frangou acquired 1,084 shares of Navios Maritime Partners stock. The shares were bought 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 bought at an average cost of $74.81 per share, with a total value of $84,610.11.
• On Tuesday, July 14th, Angeliki Frangou bought 1,105 shares of Navios Maritime Partners stock. The stock was bought at an average price of $75.58 per share, for a total transaction of $83,515.90.
• On Monday, July 13th, Angeliki Frangou bought 1,100 shares of Navios Maritime Partners stock. The shares were bought at an average cost of $75.41 per share, for a total transaction of $82,951.00.
• On Friday, July 10th, Angeliki Frangou purchased 1,129 shares of Navios Maritime Partners stock. The shares were bought at an average price of $75.36 per share, with a total value of $85,081.44.
• On Thursday, July 9th, Angeliki Frangou purchased 1,099 shares of Navios Maritime Partners stock. The shares were bought at an average price of $73.74 per share, with a total value of $81,040.26.
• On Wednesday, July 8th, Angeliki Frangou purchased 1,108 shares of Navios Maritime Partners stock. The stock was bought at an average cost of $76.14 per share, with a total value of $84,363.12.

Navios Maritime Partners Trading Down 1.6%

Navios Maritime Partners stock opened at $77.97 on Thursday. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 0.57. Navios Maritime Partners LP has a 12 month low of $40.80 and a 12 month high of $80.97. The stock’s 50 day simple moving average is $73.17 and its two-hundred day simple moving average is $68.53. The firm has a market cap of $2.24 billion, a PE ratio of 6.57 and a beta of 1.00.

Navios Maritime Partners (NYSE:NMM) last issued its quarterly earnings data on Thursday, May 21st. The shipping company reported $3.35 EPS for the quarter, topping analysts’ consensus estimates of $2.77 by $0.58. The business had revenue of $357.01 million for the quarter, compared to analysts’ expectations of $317.80 million. Navios Maritime Partners had a net margin of 25.05% and a return on equity of 10.48%. The business’s revenue was up 17.4% on a year-over-year basis. During the same quarter last year, the company earned $1.58 EPS.

Analyst Ratings Changes

A number of brokerages have weighed in on NMM. Jefferies Financial Group initiated coverage on shares of Navios Maritime Partners in a research report on Friday, April 24th. They issued a “buy” rating and a $85.00 price objective for the company. Weiss Ratings cut Navios Maritime Partners from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, May 28th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, Navios Maritime Partners currently has a consensus rating of “Moderate Buy” and a consensus target price of $85.00.

Institutional Trading of Navios Maritime Partners

Several institutional investors have recently modified their holdings of the stock. Royal Bank of Canada increased its stake in shares of Navios Maritime Partners by 50.9% during the fourth quarter. Royal Bank of Canada now owns 599 shares of the shipping company’s stock worth $32,000 after purchasing an additional 202 shares in the last quarter. Raymond James Financial Inc. increased its stake in Navios Maritime Partners by 5.6% during the 3rd quarter. Raymond James Financial Inc. now owns 7,192 shares of the shipping company’s stock worth $324,000 after buying an additional 380 shares in the last quarter. Valley Wealth Managers Inc. acquired a new position in shares of Navios Maritime Partners during the first quarter valued at approximately $63,000. BNP Paribas Financial Markets raised its holdings in shares of Navios Maritime Partners by 25.4% during the second quarter. BNP Paribas Financial Markets now owns 7,706 shares of the shipping company’s stock valued at $290,000 after acquiring an additional 1,559 shares during the last quarter. Finally, State of Wyoming lifted its position in shares of Navios Maritime Partners by 77.8% in the first quarter. State of Wyoming now owns 4,637 shares of the shipping company’s stock valued at $313,000 after acquiring an additional 2,029 shares in the last quarter. Institutional investors and hedge funds own 62.74% of the company’s stock.

Key Headlines Impacting Navios Maritime Partners

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

• Positive Sentiment: Chair Angeliki Frangou purchased 1,053 NMM shares for approximately $81,755 on July 27, adding to a series of purchases made throughout July. Across six transactions from July 20–27, she bought 6,705 shares for roughly $505,000 at prices between $72.95 and $79.02. The repeated purchases, while individually small, signal continued insider confidence. Insider purchase report
• Positive Sentiment: A bullish Seeking Alpha analysis raised its estimated fair value for Navios Maritime Partners to $115 per share. The article cited NMM’s trading at approximately 0.47 times charter-free net asset value, robust share repurchases, ongoing CEO purchases, about $4 billion in contracted revenue, deleveraging and fleet renewal as reasons for an attractive risk/reward profile. Seeking Alpha valuation analysis
• Neutral Sentiment: A separate second-quarter preview said the company’s VLCC-related arbitrage strategy has worked, but emphasized that capital allocation will be important. Investors may therefore focus on buybacks, fleet investments, debt reduction and management’s use of cash when results are reported. Second-quarter preview
• Neutral Sentiment: The insider purchases represent only about 0.02% increases in Frangou’s ownership per transaction, so they are primarily a sentiment signal rather than a material change to NMM’s financial position. The stock has also appreciated more than 100%, increasing the importance of shipping rates, vessel-market conditions and execution.
• Negative Sentiment: Valuation is not uniformly viewed as compelling: Weiss Ratings previously downgraded NMM from “buy” to “hold,” while the broader analyst consensus remains “Moderate Buy” with an $85 target. This suggests some investors may see limited near-term upside after the recent rally.

About Navios Maritime Partners

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.