Cosan (NYSE:CSAN) Insider Maria Rita De Carvalh Drummond Sells 37,400 Shares

Cosan S.A. Sponsored ADR (NYSE:CSAN) insider Maria Rita De Carvalh Drummond sold 37,400 shares of the business’s stock in a transaction dated Friday, April 17th. The shares were sold at an average price of $5.48, for a total transaction of $204,952.00. Following the transaction, the insider directly owned 2,128,536 shares in the company, valued at approximately $11,664,377.28. The trade was a 1.73% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Maria Rita De Carvalh Drummond also recently made the following trade(s):

• On Thursday, April 16th, Maria Rita De Carvalh Drummond sold 36,200 shares of Cosan stock. The shares were sold at an average price of $5.48, for a total transaction of $198,376.00.
• On Wednesday, April 15th, Maria Rita De Carvalh Drummond sold 35,800 shares of Cosan stock. The shares were sold at an average price of $5.57, for a total value of $199,406.00.

Cosan Trading Up 0.7%

Shares of NYSE CSAN opened at $3.48 on Friday. Cosan S.A. Sponsored ADR has a twelve month low of $3.25 and a twelve month high of $6.25. The company has a current ratio of 1.80, a quick ratio of 1.65 and a debt-to-equity ratio of 2.01. The stock has a fifty day simple moving average of $4.05 and a 200-day simple moving average of $4.36. The stock has a market capitalization of $3.45 billion, a PE ratio of -1.41 and a beta of 0.82.

Cosan (NYSE:CSAN) last posted its earnings results on Saturday, February 14th. The company reported ($1.61) earnings per share (EPS) for the quarter. The firm had revenue of $1.74 billion for the quarter. Cosan had a negative return on equity of 13.94% and a negative net margin of 32.24%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in CSAN. UBS Group AG lifted its holdings in Cosan by 36.9% during the 4th quarter. UBS Group AG now owns 3,492,792 shares of the company’s stock worth $13,797,000 after buying an additional 941,548 shares in the last quarter. Monaco Asset Management SAM increased its position in shares of Cosan by 200.5% during the fourth quarter. Monaco Asset Management SAM now owns 3,004,813 shares of the company’s stock worth $11,869,000 after acquiring an additional 2,004,813 shares during the period. Balyasny Asset Management L.P. raised its stake in shares of Cosan by 5,210.4% in the fourth quarter. Balyasny Asset Management L.P. now owns 776,592 shares of the company’s stock valued at $3,068,000 after acquiring an additional 761,968 shares in the last quarter. XTX Topco Ltd boosted its holdings in Cosan by 1,312.8% in the fourth quarter. XTX Topco Ltd now owns 588,722 shares of the company’s stock valued at $2,325,000 after purchasing an additional 547,051 shares during the period. Finally, Millennium Management LLC boosted its holdings in Cosan by 235.0% in the third quarter. Millennium Management LLC now owns 487,514 shares of the company’s stock valued at $2,243,000 after purchasing an additional 341,973 shares during the period.

About Cosan

Cosan Limited (NYSE: CSAN) is a Brazilian diversified energy and logistics group focused on agribusiness, fuels, and infrastructure. Its core activities include the cultivation of sugarcane, production of ethanol and sugar, generation of bioelectricity from bagasse, and distribution of fuels under the Raízen joint venture with Shell. Through its subsidiary Moove, Cosan is a leading global producer of base oils and lubricants, while Comgás serves as one of Brazil’s largest natural gas distributors.

Founded in 1936 in the state of São Paulo, Cosan has grown through organic expansion and strategic acquisitions.