Patria Investments (NYSE:PAX) Reaches New 12-Month Low – Should You Sell?

Shares of Patria Investments Limited (NYSE:PAX) hit a new 52-week low on Friday . The company traded as low as $10.55 and last traded at $10.6450, with a volume of 626748 shares. The stock had previously closed at $10.97.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on PAX. JPMorgan Chase & Co. dropped their price target on Patria Investments from $17.00 to $16.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 8th. The Goldman Sachs Group restated a “buy” rating and issued a $18.00 target price on shares of Patria Investments in a research note on Friday, April 24th. Finally, Zacks Research raised shares of Patria Investments from a “strong sell” rating to a “hold” rating in a research report on Monday, July 20th. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $17.00.

Patria Investments Stock Performance

The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.31. The stock has a market capitalization of $710.13 million, a P/E ratio of 21.37, a PEG ratio of 1.28 and a beta of 0.74. The company has a 50-day moving average price of $11.17 and a two-hundred day moving average price of $12.52.

Insider Buying and Selling

In other Patria Investments news, Director Olimpio Matarazzo Neto bought 50,000 shares of the firm’s stock in a transaction on Friday, June 5th. The shares were acquired at an average cost of $11.46 per share, for a total transaction of $573,000.00. Following the purchase, the director directly owned 235,000 shares of the company’s stock, valued at $2,693,100. The trade was a 27.03% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders bought 175,000 shares of company stock worth $1,980,850 in the last three months. 58.10% of the stock is owned by insiders.

Institutional Trading of Patria Investments

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Advisory Services Network LLC bought a new stake in Patria Investments during the third quarter worth about $73,000. Kemnay Advisory Services Inc. purchased a new stake in shares of Patria Investments during the fourth quarter worth about $94,000. Tower Research Capital LLC TRC increased its stake in shares of Patria Investments by 52.9% during the second quarter. Tower Research Capital LLC TRC now owns 8,148 shares of the company’s stock valued at $115,000 after buying an additional 2,818 shares during the period. State of Wyoming lifted its position in shares of Patria Investments by 117.1% in the 4th quarter. State of Wyoming now owns 9,301 shares of the company’s stock worth $148,000 after purchasing an additional 5,016 shares during the period. Finally, State of Alaska Department of Revenue lifted its holdings in Patria Investments by 262.8% in the fourth quarter. State of Alaska Department of Revenue now owns 9,683 shares of the company’s stock worth $153,000 after buying an additional 7,014 shares during the period. Hedge funds and other institutional investors own 96.27% of the company’s stock.

About Patria Investments

Patria Investments Limited (NYSE: PAX) is a Brazil-based alternative asset management firm specializing in private equity, infrastructure, real estate and credit investments. Since its founding in 1988, the firm has focused on identifying and partnering with high-potential companies and projects across Latin America. Patria’s investment approach combines local market expertise with global best practices to structure and manage portfolios that aim to deliver long-term value to institutional and high-net-worth clients.

The company’s core business activities include private equity funds targeting mid-market and large-cap buyouts, infrastructure funds investing in essential assets such as energy and transportation, real estate strategies encompassing residential, commercial and logistics properties, and credit funds that provide financing solutions across the capital structure.