Cosan (NYSE:CSAN) Insider Sells $204,952.00 in Stock

Cosan S.A. Sponsored ADR (NYSE:CSAN) insider Maria Rita De Carvalh Drummond sold 37,400 shares of the firm’s stock in a transaction on Friday, April 17th. The stock was sold at an average price of $5.48, for a total transaction of $204,952.00. Following the completion of the sale, the insider owned 2,128,536 shares in the company, valued at approximately $11,664,377.28. The trade was a 1.73% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link.

Maria Rita De Carvalh Drummond also recently made the following trade(s):

• On Thursday, April 16th, Maria Rita De Carvalh Drummond sold 36,200 shares of Cosan stock. The stock was sold at an average price of $5.48, for a total transaction of $198,376.00.
• On Wednesday, April 15th, Maria Rita De Carvalh Drummond sold 35,800 shares of Cosan stock. The stock was sold at an average price of $5.57, for a total transaction of $199,406.00.

Cosan Trading Down 3.0%

Shares of Cosan stock opened at $3.37 on Friday. The company’s fifty day simple moving average is $4.02 and its 200-day simple moving average is $4.35. The company has a market cap of $3.34 billion, a price-to-earnings ratio of -1.37 and a beta of 0.82. The company has a current ratio of 1.80, a quick ratio of 1.65 and a debt-to-equity ratio of 2.01. Cosan S.A. Sponsored ADR has a 1 year low of $3.25 and a 1 year high of $6.25.

Cosan (NYSE:CSAN) last announced its quarterly earnings data on Saturday, February 14th. The company reported ($1.61) earnings per share (EPS) for the quarter. The company had revenue of $1.74 billion during the quarter. Cosan had a negative return on equity of 13.94% and a negative net margin of 32.24%.

Institutional Investors Weigh In On Cosan

A number of institutional investors have recently bought and sold shares of the business. UBS Group AG boosted its stake in Cosan by 36.9% during the fourth quarter. UBS Group AG now owns 3,492,792 shares of the company’s stock worth $13,797,000 after buying an additional 941,548 shares in the last quarter. Monaco Asset Management SAM boosted its stake in Cosan by 200.5% during the fourth quarter. Monaco Asset Management SAM now owns 3,004,813 shares of the company’s stock worth $11,869,000 after buying an additional 2,004,813 shares in the last quarter. Balyasny Asset Management L.P. boosted its stake in Cosan by 5,210.4% during the fourth quarter. Balyasny Asset Management L.P. now owns 776,592 shares of the company’s stock worth $3,068,000 after buying an additional 761,968 shares in the last quarter. XTX Topco Ltd boosted its stake in Cosan by 1,312.8% during the fourth quarter. XTX Topco Ltd now owns 588,722 shares of the company’s stock worth $2,325,000 after buying an additional 547,051 shares in the last quarter. Finally, Millennium Management LLC boosted its stake in Cosan by 235.0% during the third quarter. Millennium Management LLC now owns 487,514 shares of the company’s stock worth $2,243,000 after buying an additional 341,973 shares in the last quarter.

Cosan Company Profile

Cosan Limited (NYSE: CSAN) is a Brazilian diversified energy and logistics group focused on agribusiness, fuels, and infrastructure. Its core activities include the cultivation of sugarcane, production of ethanol and sugar, generation of bioelectricity from bagasse, and distribution of fuels under the Raízen joint venture with Shell. Through its subsidiary Moove, Cosan is a leading global producer of base oils and lubricants, while Comgás serves as one of Brazil’s largest natural gas distributors.

Founded in 1936 in the state of São Paulo, Cosan has grown through organic expansion and strategic acquisitions.