Patria Investments (NYSE:PAX) CEO Sells 7,500 Shares

Patria Investments Limited (NYSE:PAX) CEO Marco Nicola D’ippolito sold 7,500 shares of the company’s stock in a transaction that occurred on Tuesday, April 14th. The stock was sold at an average price of $11.56, for a total transaction of $86,700.00. Following the completion of the transaction, the chief executive officer owned 443,178 shares in the company, valued at approximately $5,123,137.68. This trade represents a 1.66% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Marco Nicola D’ippolito also recently made the following trade(s):

• On Thursday, August 6th, Marco Nicola D’ippolito sold 7,004 shares of Patria Investments stock. The shares were sold at an average price of $11.29, for a total transaction of $79,075.16.

Patria Investments Price Performance

Patria Investments stock traded down $0.07 during mid-day trading on Monday, hitting $11.39. 329,571 shares of the company traded hands, compared to its average volume of 975,449. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.91 and a current ratio of 0.91. Patria Investments Limited has a one year low of $10.55 and a one year high of $17.80. The stock has a market cap of $758.03 million, a price-to-earnings ratio of 22.79, a price-to-earnings-growth ratio of 1.28 and a beta of 0.76. The stock has a fifty day moving average price of $11.15 and a 200-day moving average price of $11.94.

Patria Investments Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 14th. Stockholders of record on Monday, August 10th will be issued a dividend of $0.1625 per share. This represents a $0.65 dividend on an annualized basis and a dividend yield of 5.7%. The ex-dividend date of this dividend is Monday, August 10th. Patria Investments’s payout ratio is currently 147.73%.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded Patria Investments from a “strong sell” rating to a “hold” rating in a research report on Monday, July 20th. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $17.00.

Hedge Funds Weigh In On Patria Investments

Hedge funds and other institutional investors have recently modified their holdings of the stock. Advisory Services Network LLC purchased a new position in shares of Patria Investments during the 3rd quarter worth approximately $73,000. Kemnay Advisory Services Inc. bought a new stake in shares of Patria Investments during the fourth quarter valued at approximately $94,000. California State Teachers Retirement System boosted its position in shares of Patria Investments by 175.8% during the second quarter. California State Teachers Retirement System now owns 9,882 shares of the company’s stock valued at $109,000 after purchasing an additional 6,299 shares in the last quarter. AXQ Capital LP purchased a new stake in Patria Investments in the second quarter worth $112,000. Finally, Tower Research Capital LLC TRC raised its holdings in Patria Investments by 52.9% in the second quarter. Tower Research Capital LLC TRC now owns 8,148 shares of the company’s stock worth $115,000 after purchasing an additional 2,818 shares in the last quarter. Hedge funds and other institutional investors own 96.27% of the company’s stock.

Patria Investments Company Profile

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.