Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LND) Director Alejandro Gustavo Elsztain Buys 13,500 Shares

Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LND) Director Alejandro Gustavo Elsztain purchased 13,500 shares of the business’s stock in a transaction on Thursday, May 21st. The stock was acquired at an average price of $3.82 per share, with a total value of $51,570.00. Following the completion of the acquisition, the director directly owned 598,870 shares in the company, valued at $2,287,683.40. The trade was a 2.31% increase in their position. The acquisition was disclosed in a filing with the SEC, 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 acquired at an average cost of $3.74 per share, for a total transaction of $50,490.00.

Brasilagro Cia Brasileira De Propriedades Agricolas Trading Down 1.9%

Shares of LND stock traded down $0.08 during mid-day trading on Friday, hitting $3.81. 36,122 shares of the company’s stock were exchanged, compared to its average volume of 89,616. The stock has a market cap of $390.71 million, a price-to-earnings ratio of -126.79 and a beta of 0.03. The company has a quick ratio of 0.69, a current ratio of 1.47 and a debt-to-equity ratio of 0.42. Brasilagro Cia Brasileira De Propriedades Agricolas has a fifty-two week low of $3.47 and a fifty-two week high of $4.45. The stock has a 50-day simple moving average of $4.02 and a two-hundred day simple moving average of $3.87.

Wall Street Analyst Weigh In

Several analysts recently issued reports on LND shares. Weiss Ratings reiterated a “sell (d)” rating on shares of Brasilagro Cia Brasileira De Propriedades Agricolas in a report on Friday, March 27th. Wall Street Zen downgraded Brasilagro Cia Brasileira De Propriedades Agricolas from a “hold” rating to a “sell” rating in a research report on Saturday, May 16th. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Brasilagro Cia Brasileira De Propriedades Agricolas has an average rating of “Reduce”.

Institutional Trading of Brasilagro Cia Brasileira De Propriedades Agricolas

Several institutional investors and hedge funds have recently bought and sold shares of the company. SmartHarvest Portfolios LLC lifted its holdings in Brasilagro Cia Brasileira De Propriedades Agricolas by 14.1% during the 1st quarter. SmartHarvest Portfolios LLC now owns 21,768 shares of the company’s stock worth $92,000 after buying an additional 2,691 shares during the last quarter. EverSource Wealth Advisors LLC acquired a new stake in shares of Brasilagro Cia Brasileira De Propriedades Agricolas during the 2nd quarter valued at approximately $37,000. ERn Financial LLC bought a new position in Brasilagro Cia Brasileira De Propriedades Agricolas during the third quarter worth $50,000. Windmill Hill Asset Management Ltd lifted its stake in Brasilagro Cia Brasileira De Propriedades Agricolas by 100.0% during the fourth quarter. Windmill Hill Asset Management Ltd now owns 141,796 shares of the company’s stock worth $508,000 after purchasing an additional 70,898 shares during the last quarter. Finally, Banco BTG Pactual S.A. bought a new position in shares of Brasilagro Cia Brasileira De Propriedades Agricolas in the 4th quarter worth about $265,000. Institutional investors and hedge funds own 1.15% of the company’s stock.

About Brasilagro Cia Brasileira De Propriedades Agricolas

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.