Pampa Energia (NYSE:PAM) Insider Damian Miguel Mindlin Buys 19,239 Shares of Stock

Pampa Energia S.A. (NYSE:PAM) insider Damian Mindlin acquired 19,239 shares of Pampa Energia stock in a transaction dated Wednesday, November 4th. The stock was purchased at an average cost of $66.93 per share, for a total transaction of $1,287,666.27. Following the completion of the purchase, the insider directly owned 729,545 shares in the company, valued at approximately $48,828,446.85. This represents a 2.71% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link.

Damian Miguel Mindlin also recently made the following trade(s):

• On Tuesday, November 3rd, Damian Mindlin bought 19,413 shares of Pampa Energia stock. The shares were purchased at an average price of $68.43 per share, with a total value of $1,328,431.59.
• On Monday, September 28th, Damian Mindlin bought 1,432,197 shares of Pampa Energia stock. The shares were acquired at an average cost of $3.89 per share, with a total value of $5,571,246.33.

Pampa Energia Trading Down 1.4%

NYSE PAM opened at $63.91 on Friday. Pampa Energia S.A. has a one year low of $63.42 and a one year high of $94.50. The company’s 50 day moving average price is $79.57 and its 200 day moving average price is $82.23. The company has a debt-to-equity ratio of 0.65, a quick ratio of 3.23 and a current ratio of 2.79. The firm has a market capitalization of $3.43 billion, a price-to-earnings ratio of 5.10, a PEG ratio of 0.20 and a beta of 0.96.

Pampa Energia (NYSE:PAM) last announced its quarterly earnings results on Monday, November 2nd. The utilities provider reported $2.41 earnings per share for the quarter, beating analysts’ consensus estimates of $2.29 by $0.12. The firm had revenue of $790.00 million for the quarter, compared to analysts’ expectations of $805.46 million. Pampa Energia had a net margin of 25.84% and a return on equity of 17.37%. On average, sell-side analysts predict that Pampa Energia S.A. will post 10.81 EPS for the current year.

Key Stories Impacting Pampa Energia

Here are the key news stories impacting Pampa Energia this week:

• Positive Sentiment: Insiders bought shares in several transactions on November 3–4. CFO Adolfo Fernando Zuberbuhler purchased 3,136 shares for about $207,000, while Damian Mindlin bought a combined 38,652 shares for roughly $2.62 million. The buying may signal confidence in Pampa’s outlook. CFO SEC filing Mindlin SEC filing
• Positive Sentiment: Pampa outlined plans to ramp production at its Rincón de Aranda project to 40,000 barrels per day by the end of 2027 and 45,000 barrels per day in the first quarter of 2028, a potential longer-term growth driver. Production ramp plans
• Neutral Sentiment: Reports on Q3 described sharply higher profit, but revenue of about $790 million reportedly fell short of the roughly $806.6 million analyst estimate. The earnings growth is encouraging, while the revenue miss may have tempered the reaction. Q3 earnings call transcript
• Negative Sentiment: JPMorgan cut its price target to $100 from $105 and maintained a neutral rating. A separate report linked an analyst downgrade to PAM reaching a new 12-month low, adding to near-term investor concerns. JPMorgan outlook Downgrade and 12-month low

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. ABS Direct Equity Fund LLC grew its position in shares of Pampa Energia by 5.0% during the 2nd quarter. ABS Direct Equity Fund LLC now owns 77,660 shares of the utilities provider’s stock valued at $6,378,000 after buying an additional 3,699 shares during the last quarter. WINTON GROUP Ltd bought a new position in Pampa Energia in the second quarter worth about $608,000. Engineers Gate Manager LP lifted its holdings in Pampa Energia by 189.7% in the second quarter. Engineers Gate Manager LP now owns 15,855 shares of the utilities provider’s stock worth $1,302,000 after acquiring an additional 10,382 shares during the last quarter. Wealth High Governance Asset Management Ltda. lifted its holdings in Pampa Energia by 24.5% in the first quarter. Wealth High Governance Asset Management Ltda. now owns 24,714 shares of the utilities provider’s stock worth $2,187,000 after acquiring an additional 4,866 shares during the last quarter. Finally, Guardian Partners Inc. acquired a new position in Pampa Energia in the first quarter valued at approximately $620,000. 12.77% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on PAM shares. Zacks Research lowered Pampa Energia from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 27th. Weiss Ratings reiterated a “hold (c)” rating on shares of Pampa Energia in a research note on Wednesday, September 9th. JPMorgan Chase & Co. reduced their price target on Pampa Energia from $105.00 to $100.00 and set a “neutral” rating for the company in a report on Monday. Finally, Wall Street Zen lowered Pampa Energia from a “strong-buy” rating to a “buy” rating in a research note on Sunday, September 27th. One analyst has rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, Pampa Energia presently has a consensus rating of “Hold” and an average price target of $98.50.

Pampa Energia Company Profile

Pampa Energía SA is an integrated Argentine energy company engaged in electricity generation, oil and natural gas exploration and production, and related energy infrastructure. Its power-generation portfolio includes thermal, hydroelectric and renewable facilities that supply electricity to Argentina’s wholesale power market.

The company’s upstream operations are focused primarily on Argentina, including conventional and unconventional resources in the Neuquén Basin and the Vaca Muerta formation.