Cresud S.A.C.I.F. y A. (NASDAQ:CRESY – Get Free Report) Director Fernando Adrian Elsztain sold 15,000 shares of Cresud S.A.C.I.F. y A. stock in a transaction on Tuesday, July 21st. The shares were sold at an average price of $1.13, for a total value of $16,950.00. Following the completion of the transaction, the director owned 665,736 shares in the company, valued at $752,281.68. The trade was a 2.20% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
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 shares were sold at an average price of $1.17, for a total value of $23,400.00.
- On Monday, July 6th, Fernando Adrian Elsztain sold 4,385 shares of Cresud S.A.C.I.F. y A. stock. The stock was sold at an average price of $1.11, for a total value 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 stock was sold at an average price of $1.26, for a total value of $88,200.00.
Cresud S.A.C.I.F. y A. Price Performance
NASDAQ CRESY opened at $11.21 on Friday. The firm has a market cap of $708.25 million, a price-to-earnings ratio of 5.05 and a beta of 0.73. Cresud S.A.C.I.F. y A. has a 1-year low of $8.39 and a 1-year high of $14.21. The company has a quick ratio of 1.05, a current ratio of 1.43 and a debt-to-equity ratio of 0.46. The company has a 50-day moving average price of $11.29.
Cresud S.A.C.I.F. y A. News Summary
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.
Analysts Set New Price Targets
CRESY has been the subject of several research reports. 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. Weiss Ratings reissued a “hold (c)” rating on shares of Cresud S.A.C.I.F. y A. in a research note on Wednesday, June 24th. One analyst has rated the stock with a Hold rating, According to MarketBeat, the company presently has an average rating of “Hold”.
Get Our Latest Report on CRESY
Institutional Investors Weigh In On Cresud S.A.C.I.F. y A.
Large investors have recently added to or reduced their stakes in the company. Bank of America Corp DE increased its stake in Cresud S.A.C.I.F. y A. by 464.8% during the 4th quarter. Bank of America Corp DE now owns 8,116 shares of the company’s stock worth $103,000 after buying an additional 6,679 shares during the period. Sei Investments Co. lifted its holdings in Cresud S.A.C.I.F. y A. by 66.2% in the 2nd quarter. Sei Investments Co. now owns 99,116 shares of the company’s stock worth $1,066,000 after buying an additional 39,488 shares in the last quarter. Raymond James Financial Inc. purchased a new position in Cresud S.A.C.I.F. y A. in the 2nd quarter valued at about $25,000. Virtu Financial LLC purchased a new position in Cresud S.A.C.I.F. y A. in the 3rd quarter valued at about $144,000. Finally, Centiva Capital LP acquired a new stake in shares of Cresud S.A.C.I.F. y A. during the third quarter valued at about $163,000. 12.90% of the stock is owned by institutional investors and hedge funds.
About Cresud S.A.C.I.F. y A.
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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