Angeliki Frangou Buys 1,149 Shares of Navios Maritime Partners (NYSE:NMM) Stock

Navios Maritime Partners LP (NYSE:NMM) insider Angeliki Frangou purchased 1,149 shares of the company’s stock in a transaction that occurred on Tuesday, July 21st. The stock was bought at an average price of $74.03 per share, for a total transaction of $85,060.47. Following the transaction, the insider directly owned 4,774,447 shares in the company, valued at $353,452,311.41. This trade represents a 0.02% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

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

• On Wednesday, July 22nd, Angeliki Frangou purchased 1,121 shares of Navios Maritime Partners stock. The shares were bought at an average cost of $74.07 per share, with a total value of $83,032.47.
• On Monday, July 20th, Angeliki Frangou acquired 1,167 shares of Navios Maritime Partners stock. The shares were purchased at an average price of $72.95 per share, with a total value of $85,132.65.
• On Monday, July 27th, Angeliki Frangou purchased 1,053 shares of Navios Maritime Partners stock. The shares were purchased at an average cost of $77.64 per share, with a total value of $81,754.92.
• On Friday, July 24th, Angeliki Frangou purchased 1,084 shares of Navios Maritime Partners stock. The stock was acquired at an average cost of $79.02 per share, with a total value of $85,657.68.
• On Thursday, July 23rd, Angeliki Frangou bought 1,131 shares of Navios Maritime Partners stock. The stock was acquired 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 stock was bought at an average price of $75.58 per share, with a total value of $83,515.90.
• On Monday, July 13th, Angeliki Frangou bought 1,100 shares of Navios Maritime Partners stock. The stock was bought at an average cost of $75.41 per share, with a total value of $82,951.00.
• On Friday, July 10th, Angeliki Frangou purchased 1,129 shares of Navios Maritime Partners stock. The shares were bought at an average price of $75.36 per share, with a total value 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, for a total transaction of $81,040.26.
• On Wednesday, July 8th, Angeliki Frangou purchased 1,108 shares of Navios Maritime Partners stock. The stock was purchased at an average price of $76.14 per share, for a total transaction of $84,363.12.

Navios Maritime Partners Stock Performance

NYSE NMM opened at $77.97 on Thursday. The business has a 50 day moving average price of $73.17 and a 200 day moving average price of $68.53. The company has a market capitalization of $2.24 billion, a P/E ratio of 6.57 and a beta of 1.00. Navios Maritime Partners LP has a 1-year low of $40.80 and a 1-year high of $80.97. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.45 and a quick ratio of 1.45.

Navios Maritime Partners (NYSE:NMM) last posted its earnings results on Thursday, May 21st. The shipping company reported $3.35 earnings per share for the quarter, beating the consensus estimate of $2.77 by $0.58. The company had revenue of $357.01 million for the quarter, compared to analyst estimates 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 revenue was up 17.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.58 earnings per share.

Navios Maritime Partners News Summary

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.

Analyst Ratings Changes

Several brokerages have issued reports on NMM. Jefferies Financial Group began coverage on shares of Navios Maritime Partners in a report on Friday, April 24th. They issued a “buy” rating and a $85.00 price target on the stock. Weiss Ratings cut shares of Navios Maritime Partners from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, May 28th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $85.00.

Institutional Trading of Navios Maritime Partners

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in NMM. Ion Asset Management Ltd. raised its stake in Navios Maritime Partners by 2.2% in the 2nd quarter. Ion Asset Management Ltd. now owns 817,963 shares of the shipping company’s stock valued at $30,821,000 after purchasing an additional 17,285 shares during the last quarter. ION Fund Management Ltd acquired a new stake in shares of Navios Maritime Partners during the 4th quarter worth about $24,432,000. Bank of America Corp DE boosted its stake in shares of Navios Maritime Partners by 57.6% during the 1st quarter. Bank of America Corp DE now owns 199,141 shares of the shipping company’s stock worth $13,438,000 after purchasing an additional 72,754 shares during the last quarter. Walleye Capital LLC grew its holdings in shares of Navios Maritime Partners by 45,274.3% during the first quarter. Walleye Capital LLC now owns 149,527 shares of the shipping company’s stock worth $10,090,000 after buying an additional 149,858 shares in the last quarter. Finally, ING Groep NV grew its holdings in shares of Navios Maritime Partners by 51.7% during the fourth quarter. ING Groep NV now owns 146,500 shares of the shipping company’s stock worth $7,681,000 after buying an additional 49,900 shares in the last quarter. Hedge funds and other institutional investors own 62.74% of the company’s stock.

About Navios Maritime Partners

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.