Angeliki Frangou Acquires 1,053 Shares of Navios Maritime Partners (NYSE:NMM) Stock

Navios Maritime Partners LP (NYSE:NMM) insider Angeliki Frangou purchased 1,053 shares of Navios Maritime Partners stock in a transaction dated Monday, July 27th. The shares were purchased at an average price of $77.64 per share, with a total value of $81,754.92. Following the completion of the transaction, the insider directly owned 4,778,836 shares in the company, valued at approximately $371,028,827.04. This represents a 0.02% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this link.

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

• On Wednesday, July 22nd, Angeliki Frangou acquired 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 bought 1,149 shares of Navios Maritime Partners stock. The shares were acquired at an average price of $74.03 per share, with a total value of $85,060.47.
• On Monday, July 20th, Angeliki Frangou purchased 1,167 shares of Navios Maritime Partners stock. The shares were acquired at an average price of $72.95 per share, with a total value of $85,132.65.
• On Friday, July 24th, Angeliki Frangou acquired 1,084 shares of Navios Maritime Partners stock. The stock was bought 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, with a total value of $84,610.11.
• On Tuesday, July 14th, Angeliki Frangou acquired 1,105 shares of Navios Maritime Partners stock. The shares were bought at an average price of $75.58 per share, for a total transaction of $83,515.90.
• On Monday, July 13th, Angeliki Frangou bought 1,100 shares of Navios Maritime Partners stock. The stock was purchased at an average cost of $75.41 per share, for a total transaction of $82,951.00.
• On Friday, July 10th, Angeliki Frangou purchased 1,129 shares of Navios Maritime Partners stock. The shares were purchased at an average price of $75.36 per share, for a total transaction of $85,081.44.
• On Thursday, July 9th, Angeliki Frangou purchased 1,099 shares of Navios Maritime Partners stock. The shares were purchased at an average cost of $73.74 per share, with a total value of $81,040.26.
• On Wednesday, July 8th, Angeliki Frangou acquired 1,108 shares of Navios Maritime Partners stock. The stock was purchased at an average price of $76.14 per share, with a total value of $84,363.12.

Navios Maritime Partners Price Performance

Shares of Navios Maritime Partners stock opened at $77.97 on Thursday. The firm has a market capitalization of $2.24 billion, a PE ratio of 6.57 and a beta of 1.00. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 0.57. Navios Maritime Partners LP has a 12 month low of $40.80 and a 12 month high of $80.97. The business’s 50-day moving average price is $73.17 and its 200-day moving average price is $68.53.

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, topping analysts’ consensus estimates of $2.77 by $0.58. The company had revenue of $357.01 million during the quarter, compared to the consensus estimate of $317.80 million. Navios Maritime Partners had a return on equity of 10.48% and a net margin of 25.05%.Navios Maritime Partners’s quarterly revenue was up 17.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.58 EPS.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the stock. Weiss Ratings cut shares of Navios Maritime Partners from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, May 28th. Jefferies Financial Group initiated coverage on Navios Maritime Partners in a research note on Friday, April 24th. They set a “buy” rating and a $85.00 price objective on the stock. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $85.00.

Key Navios Maritime Partners News

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

• Positive Sentiment: Chair Angeliki Frangou purchased 1,053 NMM shares for approximately $81,755 on July 27, adding to a series of purchases made throughout July. Across six transactions from July 20–27, she bought 6,705 shares for roughly $505,000 at prices between $72.95 and $79.02. The repeated purchases, while individually small, signal continued insider confidence. Insider purchase report
• Positive Sentiment: A bullish Seeking Alpha analysis raised its estimated fair value for Navios Maritime Partners to $115 per share. The article cited NMM’s trading at approximately 0.47 times charter-free net asset value, robust share repurchases, ongoing CEO purchases, about $4 billion in contracted revenue, deleveraging and fleet renewal as reasons for an attractive risk/reward profile. Seeking Alpha valuation analysis
• Neutral Sentiment: A separate second-quarter preview said the company’s VLCC-related arbitrage strategy has worked, but emphasized that capital allocation will be important. Investors may therefore focus on buybacks, fleet investments, debt reduction and management’s use of cash when results are reported. Second-quarter preview
• Neutral Sentiment: The insider purchases represent only about 0.02% increases in Frangou’s ownership per transaction, so they are primarily a sentiment signal rather than a material change to NMM’s financial position. The stock has also appreciated more than 100%, increasing the importance of shipping rates, vessel-market conditions and execution.
• Negative Sentiment: Valuation is not uniformly viewed as compelling: Weiss Ratings previously downgraded NMM from “buy” to “hold,” while the broader analyst consensus remains “Moderate Buy” with an $85 target. This suggests some investors may see limited near-term upside after the recent rally.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Ion Asset Management Ltd. raised its holdings in Navios Maritime Partners by 2.2% during the 2nd quarter. Ion Asset Management Ltd. now owns 817,963 shares of the shipping company’s stock valued at $30,821,000 after buying an additional 17,285 shares during the last quarter. ION Fund Management Ltd bought a new stake in Navios Maritime Partners in the 4th quarter worth $24,432,000. Bank of America Corp DE grew its holdings in Navios Maritime Partners by 57.6% in the 1st quarter. Bank of America Corp DE now owns 199,141 shares of the shipping company’s stock worth $13,438,000 after acquiring an additional 72,754 shares during the last quarter. Walleye Capital LLC increased 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 acquiring an additional 149,858 shares during the period. Finally, ING Groep NV increased its position in shares of Navios Maritime Partners by 51.7% in the fourth quarter. ING Groep NV now owns 146,500 shares of the shipping company’s stock valued at $7,681,000 after acquiring an additional 49,900 shares during the period. 62.74% of the stock is owned by hedge funds and other institutional investors.

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.