Angeliki Frangou Acquires 1,051 Shares of Navios Maritime Partners (NYSE:NMM) Stock

Navios Maritime Partners LP (NYSE:NMM) insider Angeliki Frangou acquired 1,051 shares of Navios Maritime Partners stock in a transaction on Wednesday, July 29th. The stock was purchased at an average cost of $78.55 per share, with a total value of $82,556.05. Following the completion of the transaction, the insider directly owned 4,780,959 shares in the company, valued at $375,544,329.45. This represents a 0.02% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

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

• On Thursday, July 30th, Angeliki Frangou bought 1,068 shares of Navios Maritime Partners stock. The shares were purchased at an average cost of $78.37 per share, for a total transaction of $83,699.16.
• On Tuesday, July 28th, Angeliki Frangou bought 1,072 shares of Navios Maritime Partners stock. The stock was acquired at an average price of $78.59 per share, for a total transaction of $84,248.48.
• On Wednesday, July 22nd, Angeliki Frangou purchased 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 purchased 1,149 shares of Navios Maritime Partners stock. The shares were acquired at an average price of $74.03 per share, for a total transaction of $85,060.47.
• On Monday, July 20th, Angeliki Frangou acquired 1,167 shares of Navios Maritime Partners stock. The stock was acquired at an average price of $72.95 per share, with a total value of $85,132.65.
• On Monday, July 27th, Angeliki Frangou bought 1,053 shares of Navios Maritime Partners stock. The shares were acquired at an average cost of $77.64 per share, with a total value of $81,754.92.
• On Friday, July 24th, Angeliki Frangou bought 1,084 shares of Navios Maritime Partners stock. The shares were acquired at an average price of $79.02 per share, for a total transaction of $85,657.68.
• On Thursday, July 23rd, Angeliki Frangou purchased 1,131 shares of Navios Maritime Partners stock. The stock was bought at an average cost of $74.81 per share, for a total transaction of $84,610.11.
• On Tuesday, July 14th, Angeliki Frangou purchased 1,105 shares of Navios Maritime Partners stock. The shares were bought at an average price of $75.58 per share, with a total value of $83,515.90.
• On Monday, July 13th, Angeliki Frangou acquired 1,100 shares of Navios Maritime Partners stock. The shares were bought at an average price of $75.41 per share, with a total value of $82,951.00.

Navios Maritime Partners Stock Performance

NYSE NMM opened at $80.92 on Friday. The company has a market capitalization of $2.32 billion, a PE ratio of 6.82 and a beta of 1.00. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.45 and a current ratio of 1.45. Navios Maritime Partners LP has a 52-week low of $40.80 and a 52-week high of $82.84. The company has a 50-day simple moving average of $73.39 and a 200 day simple moving average of $68.78.

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

Navios Maritime Partners Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, August 13th. Investors of record on Monday, August 10th will be issued a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend is Monday, August 10th. Navios Maritime Partners’s payout ratio is 2.02%.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on NMM shares. Jefferies Financial Group assumed coverage on Navios Maritime Partners in a report on Friday, April 24th. They set a “buy” rating and a $85.00 price objective for the company. Weiss Ratings lowered Navios Maritime Partners from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, May 28th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $85.00.

Hedge Funds Weigh In On Navios Maritime Partners

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. ION Fund Management Ltd purchased a new position in shares of Navios Maritime Partners in the fourth quarter worth about $24,432,000. Walleye Capital LLC raised its position in shares of Navios Maritime Partners by 45,274.3% in the first quarter. Walleye Capital LLC now owns 149,527 shares of the shipping company’s stock valued at $10,090,000 after purchasing an additional 149,858 shares during the period. Marnell Management LLC purchased a new stake in shares of Navios Maritime Partners during the 4th quarter valued at approximately $5,027,000. Bank of America Corp DE lifted its stake in shares of Navios Maritime Partners by 57.6% during the 1st quarter. Bank of America Corp DE now owns 199,141 shares of the shipping company’s stock valued at $13,438,000 after buying an additional 72,754 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in Navios Maritime Partners by 150.9% in the 4th quarter. JPMorgan Chase & Co. now owns 87,535 shares of the shipping company’s stock worth $4,589,000 after buying an additional 52,651 shares during the period. Institutional investors own 62.74% of the company’s stock.

Key Navios Maritime Partners News

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

• Positive Sentiment: Chairwoman and insider Angeliki Frangou purchased approximately 1,051–1,072 shares on July 28–30 at prices near $78–$79 per share. The purchases are small relative to her roughly 4.8 million-share holding, but the repeated open-market buying can be interpreted as a positive signal about management’s confidence. Insider Buying: Navios Maritime Partners Insider Buys 1,051 Shares
• Positive Sentiment: Navios Partners declared a quarterly cash distribution of $0.06 per unit, payable August 13 to holders of record August 10. The $0.24 annualized distribution provides a modest approximately 0.3% yield and may support investor interest in the partnership. Navios Maritime Partners Announces Cash Distribution
• Positive Sentiment: Market coverage describes NMM as a stock nearing a potential buy point after a roughly 50% rally, highlighting strong momentum and investor attention. The company’s latest reported quarter also showed earnings and revenue above expectations, with revenue up 17.4% year over year.
• Neutral Sentiment: Analyst sentiment remains moderately bullish: Jefferies has a Buy rating and an $85 price target, while another service rates the shares Hold. The consensus target of $85 suggests limited upside from recent trading levels.
• Negative Sentiment: The sharp rally and proximity to the 52-week high could encourage profit-taking, particularly because the dividend yield is low. Weiss Ratings recently downgraded NMM from Buy to Hold, adding a cautionary signal.

Navios Maritime Partners Company Profile

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.