Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LND) Director Alejandro Gustavo Elsztain Buys 13,500 Shares

Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LND) Director Alejandro Gustavo Elsztain bought 13,500 shares of the stock in a transaction on Tuesday, May 19th. The shares were purchased at an average price of $3.74 per share, with a total value of $50,490.00. Following the acquisition, the director owned 571,870 shares in the company, valued at approximately $2,138,793.80. This represents a 2.42% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Alejandro Gustavo Elsztain also recently made the following trade(s):

• On Thursday, May 21st, Alejandro Gustavo Elsztain purchased 13,500 shares of Brasilagro Cia Brasileira De Propriedades Agricolas stock. The stock was purchased at an average price of $3.82 per share, for a total transaction of $51,570.00.

Brasilagro Cia Brasileira De Propriedades Agricolas Stock Down 1.9%

Shares of LND stock traded down $0.08 on Friday, hitting $3.81. 36,122 shares of the stock were exchanged, compared to its average volume of 89,616. The company has a current ratio of 1.47, a quick ratio of 0.69 and a debt-to-equity ratio of 0.42. The firm has a market capitalization of $390.71 million, a P/E ratio of -126.79 and a beta of 0.03. Brasilagro Cia Brasileira De Propriedades Agricolas has a fifty-two week low of $3.47 and a fifty-two week high of $4.45. The business has a 50-day moving average of $4.02 and a 200 day moving average of $3.87.

Institutional Trading of Brasilagro Cia Brasileira De Propriedades Agricolas

Several institutional investors and hedge funds have recently bought and sold shares of LND. Renaissance Technologies LLC raised its holdings in Brasilagro Cia Brasileira De Propriedades Agricolas by 604.5% during the first quarter. Renaissance Technologies LLC now owns 139,500 shares of the company’s stock worth $590,000 after acquiring an additional 119,700 shares in the last quarter. Banco BTG Pactual S.A. bought a new stake in Brasilagro Cia Brasileira De Propriedades Agricolas during the fourth quarter worth about $265,000. Windmill Hill Asset Management Ltd raised its holdings in Brasilagro Cia Brasileira De Propriedades Agricolas by 100.0% during the fourth quarter. Windmill Hill Asset Management Ltd now owns 141,796 shares of the company’s stock worth $508,000 after acquiring an additional 70,898 shares in the last quarter. SmartHarvest Portfolios LLC bought a new stake in Brasilagro Cia Brasileira De Propriedades Agricolas during the fourth quarter worth about $68,000. Finally, ERn Financial LLC bought a new stake in Brasilagro Cia Brasileira De Propriedades Agricolas during the third quarter worth about $50,000. Institutional investors own 1.15% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently commented on LND. Weiss Ratings reissued a “sell (d)” rating on shares of Brasilagro Cia Brasileira De Propriedades Agricolas in a research report on Friday, March 27th. Wall Street Zen lowered shares of Brasilagro Cia Brasileira De Propriedades Agricolas from a “hold” rating to a “sell” rating in a research note on Saturday, May 16th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Reduce”.

About Brasilagro Cia Brasileira De Propriedades Agricolas

Brasilagro Cia Brasileira De Propriedades Agrícolas is a Brazil-based agribusiness company focused on the acquisition, development and commercialization of agricultural land in key farming regions across the country. The company’s core activities include identifying undervalued or underutilized rural properties, implementing infrastructure improvements and modern farming practices, and either operating the land directly or selling it to third parties. Brasilagro’s land bank spans several states in Brazil, with holdings in Maranhão, Bahia, Tocantins, Goiás and Mato Grosso, among others.

In its agricultural operations, Brasilagro cultivates a variety of crops such as soybeans, corn and cotton, leveraging advances in crop genetics, irrigation and soil management to enhance productivity and sustainability.