Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LND) Director Purchases $50,490.00 in Stock

Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LND) Director Alejandro Gustavo Elsztain purchased 13,500 shares of the company’s stock in a transaction on Tuesday, May 19th. The shares were purchased at an average cost of $3.74 per share, for a total transaction of $50,490.00. Following the completion of the transaction, the director directly owned 571,870 shares of the company’s stock, valued at approximately $2,138,793.80. This represents a 2.42% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Alejandro Gustavo Elsztain also recently made the following trade(s):

• On Thursday, May 21st, Alejandro Gustavo Elsztain purchased 13,500 shares of Brasilagro Cia Brasileira De Propriedades Agricolas stock. The shares were purchased at an average cost of $3.82 per share, for a total transaction of $51,570.00.

Brasilagro Cia Brasileira De Propriedades Agricolas Stock Performance

NYSE LND traded down $0.08 on Friday, hitting $3.81. 36,122 shares of the stock were exchanged, compared to its average volume of 89,616. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.47 and a quick ratio of 0.69. The business’s fifty day moving average is $4.02 and its 200 day moving average is $3.87. Brasilagro Cia Brasileira De Propriedades Agricolas has a 52 week low of $3.47 and a 52 week high of $4.45. The company has a market capitalization of $390.71 million, a PE ratio of -126.79 and a beta of 0.03.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in LND. EverSource Wealth Advisors LLC bought a new position in Brasilagro Cia Brasileira De Propriedades Agricolas during the 2nd quarter worth $37,000. ERn Financial LLC bought a new position in shares of Brasilagro Cia Brasileira De Propriedades Agricolas in the 3rd quarter valued at $50,000. SmartHarvest Portfolios LLC acquired a new position in shares of Brasilagro Cia Brasileira De Propriedades Agricolas during the 4th quarter worth $68,000. Banco BTG Pactual S.A. bought a new stake in shares of Brasilagro Cia Brasileira De Propriedades Agricolas during the 4th quarter worth $265,000. Finally, Windmill Hill Asset Management Ltd lifted its position in shares of Brasilagro Cia Brasileira De Propriedades Agricolas by 100.0% during the 4th quarter. Windmill Hill Asset Management Ltd now owns 141,796 shares of the company’s stock worth $508,000 after buying an additional 70,898 shares during the last quarter. 1.15% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

LND has been the topic of several research analyst reports. Wall Street Zen lowered Brasilagro Cia Brasileira De Propriedades Agricolas from a “hold” rating to a “sell” rating in a research note on Saturday, May 16th. Weiss Ratings restated a “sell (d)” rating on shares of Brasilagro Cia Brasileira De Propriedades Agricolas in a research note on Friday, March 27th. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Reduce”.

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.