Alejandro Gustavo Elsztain Purchases 13,500 Shares of Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LND) Stock

Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LND) Director Alejandro Gustavo Elsztain bought 13,500 shares of the stock in a transaction dated Thursday, May 21st. The stock was purchased at an average price of $3.82 per share, with a total value of $51,570.00. Following the acquisition, the director directly owned 598,870 shares in the company, valued at approximately $2,287,683.40. The trade was a 2.31% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

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

• On Tuesday, May 19th, Alejandro Gustavo Elsztain purchased 13,500 shares of Brasilagro Cia Brasileira De Propriedades Agricolas stock. The shares were purchased at an average cost of $3.74 per share, with a total value of $50,490.00.

Brasilagro Cia Brasileira De Propriedades Agricolas Price Performance

LND stock opened at $3.81 on Friday. Brasilagro Cia Brasileira De Propriedades Agricolas has a 12 month low of $3.47 and a 12 month high of $4.45. 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 company has a 50-day moving average price of $4.01 and a 200 day moving average price of $3.87. The stock has a market cap of $390.70 million, a PE ratio of -126.79 and a beta of 0.03.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on LND shares. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Brasilagro Cia Brasileira De Propriedades Agricolas in a research note on Friday, March 27th. Wall Street Zen cut 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 given a Sell rating to the company. Based on data from MarketBeat, Brasilagro Cia Brasileira De Propriedades Agricolas has an average rating of “Reduce”.

Institutional Investors Weigh In On Brasilagro Cia Brasileira De Propriedades Agricolas

Several large investors have recently added to or reduced their stakes in the stock. Windmill Hill Asset Management Ltd boosted its position in Brasilagro Cia Brasileira De Propriedades Agricolas by 100.0% in the 4th quarter. Windmill Hill Asset Management Ltd now owns 141,796 shares of the company’s stock valued at $508,000 after buying an additional 70,898 shares during the period. Renaissance Technologies LLC boosted its position in Brasilagro Cia Brasileira De Propriedades Agricolas by 604.5% in the 1st quarter. Renaissance Technologies LLC now owns 139,500 shares of the company’s stock valued at $590,000 after buying an additional 119,700 shares during the period. Banco BTG Pactual S.A. purchased a new stake in Brasilagro Cia Brasileira De Propriedades Agricolas in the 4th quarter valued at about $265,000. SmartHarvest Portfolios LLC boosted its position in Brasilagro Cia Brasileira De Propriedades Agricolas by 14.1% in the 1st quarter. SmartHarvest Portfolios LLC now owns 21,768 shares of the company’s stock valued at $92,000 after buying an additional 2,691 shares during the period. Finally, ERn Financial LLC purchased a new stake in Brasilagro Cia Brasileira De Propriedades Agricolas in the 3rd quarter valued at about $50,000. 1.15% of the stock is owned by hedge funds and other institutional investors.

Brasilagro Cia Brasileira De Propriedades Agricolas Company Profile

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.