Cresud S.A.C.I.F. y A. (NASDAQ:CRESY) Sees Significant Decrease in Short Interest

Cresud S.A.C.I.F. y A. (NASDAQ:CRESY) was the recipient of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 385,359 shares, a decrease of 35.3% from the June 30th total of 595,399 shares. Approximately 1.0% of the shares of the stock are sold short. Based on an average trading volume of 376,877 shares, the days-to-cover ratio is presently 1.0 days.

Cresud S.A.C.I.F. y A. Stock Performance

NASDAQ:CRESY opened at $11.21 on Friday. Cresud S.A.C.I.F. y A. has a fifty-two week low of $8.39 and a fifty-two week high of $14.21. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.43 and a quick ratio of 1.05. The firm’s 50 day moving average price is $11.29. The firm has a market cap of $708.25 million, a P/E ratio of 5.05 and a beta of 0.73.

Cresud S.A.C.I.F. y A. (NASDAQ:CRESY) last released its earnings results on Tuesday, March 31st. The company reported $0.45 earnings per share (EPS) for the quarter. Cresud S.A.C.I.F. y A. had a net margin of 17.44% and a return on equity of 7.21%. The business had revenue of $182.78 million for the quarter.

Insider Transactions at Cresud S.A.C.I.F. y A.

In related news, Director Eduardo S. Elsztain purchased 58,595 shares of Cresud S.A.C.I.F. y A. stock in a transaction dated Wednesday, May 13th. The shares were bought at an average cost of $10.57 per share, for a total transaction of $619,349.15. Following the purchase, the director owned 9,845,278 shares in the company, valued at approximately $104,064,588.46. This trade represents a 0.60% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Fernando Adrian Elsztain sold 70,000 shares of Cresud S.A.C.I.F. y A. stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $1.26, for a total transaction of $88,200.00. Following the sale, the director directly owned 685,121 shares in the company, valued at $863,252.46. This trade represents a 9.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders purchased 85,618 shares of company stock valued at $912,781 and sold 109,385 shares valued at $133,417. Company insiders own 36.20% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in CRESY. Kopernik Global Investors LLC raised its position in shares of Cresud S.A.C.I.F. y A. by 4.0% during the first quarter. Kopernik Global Investors LLC now owns 4,415,543 shares of the company’s stock worth $56,166,000 after purchasing an additional 168,662 shares during the period. Acuitas Investments LLC bought a new position in shares of Cresud S.A.C.I.F. y A. during the first quarter valued at about $127,000. R Squared Ltd lifted its position in shares of Cresud S.A.C.I.F. y A. by 14.7% during the 1st quarter. R Squared Ltd now owns 17,534 shares of the company’s stock worth $223,000 after buying an additional 2,253 shares in the last quarter. XTX Topco Ltd purchased a new position in Cresud S.A.C.I.F. y A. in the fourth quarter worth $381,000. Finally, State of Wisconsin Investment Board purchased a new position in shares of Cresud S.A.C.I.F. y A. in the 4th quarter worth about $270,000. 12.90% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the stock. Wall Street Zen cut shares of Cresud S.A.C.I.F. y A. from a “buy” rating to a “hold” rating in a research note on Saturday, May 23rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Cresud S.A.C.I.F. y A. in a research note on Wednesday, June 24th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has an average rating of “Hold”.

More Cresud S.A.C.I.F. y A. News

Here are the key news stories impacting Cresud S.A.C.I.F. y A. this week:

• Positive Sentiment: Institutional interest has improved, with Raymond James initiating a position and several firms—including VanECK Associates and Bank of America—increasing their holdings. Institutional ownership stands at approximately 12.9% of shares. Cresud insider trades and institutional ownership report
• Neutral Sentiment: Cresud’s latest reported quarterly results showed $0.45 in EPS on $182.78 million in revenue. Its low reported valuation, including a price-to-earnings ratio near 5, may provide some support, but the earnings release is not recent and offers limited insight into the immediate trading catalyst.
• Neutral Sentiment: Analyst sentiment remains cautious: Weiss Ratings maintained a “hold (c)” rating, while Wall Street Zen previously downgraded the stock from “buy” to “hold.” MarketBeat’s current consensus is “Hold.” Cresud analyst ratings and stock report
• Negative Sentiment: The director’s repeated selling is the clearest near-term pressure point. While the transactions are relatively small compared with the company’s market capitalization, investors may interpret consecutive insider sales as reduced confidence or a lack of urgency to accumulate shares, contributing to the stock’s weaker performance.

Cresud S.A.C.I.F. y A. Company Profile

Cresud SAC.I.F. y A. (NASDAQ:CRESY) is an Argentina-based company primarily engaged in agribusiness and real estate activities. Headquartered in Buenos Aires, Cresud operates through a network of subsidiaries focused on crop production, livestock breeding and sustainability initiatives. The company’s agricultural arm cultivates major row crops such as soybeans, corn and wheat, and maintains a sizeable cattle herd across its extensive landholdings.

In its farming operations, Cresud emphasizes soil management, water resource optimization and technological integration.