Insider Buying: Patria Investments (NYSE:PAX) Director Buys $573,000.00 in Stock

Patria Investments Limited (NYSE:PAX) Director Olimpio Matarazzo Neto purchased 50,000 shares of the company’s stock in a transaction on Friday, June 5th. The shares were bought at an average price of $11.46 per share, for a total transaction of $573,000.00. Following the completion of the transaction, the director directly owned 235,000 shares in the company, valued at $2,693,100. This represents a 27.03% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Olimpio Matarazzo Neto also recently made the following trade(s):

• On Wednesday, June 3rd, Olimpio Matarazzo Neto purchased 50,000 shares of Patria Investments stock. The shares were bought at an average price of $11.12 per share, for a total transaction of $556,000.00.
• On Monday, June 1st, Olimpio Matarazzo Neto purchased 15,000 shares of Patria Investments stock. The shares were bought at an average price of $11.59 per share, for a total transaction of $173,850.00.
• On Thursday, May 28th, Olimpio Matarazzo Neto purchased 15,000 shares of Patria Investments stock. The shares were bought at an average price of $11.50 per share, for a total transaction of $172,500.00.
• On Tuesday, May 26th, Olimpio Matarazzo Neto purchased 15,000 shares of Patria Investments stock. The shares were bought at an average price of $11.31 per share, for a total transaction of $169,650.00.
• On Wednesday, May 20th, Olimpio Matarazzo Neto purchased 15,000 shares of Patria Investments stock. The shares were bought at an average price of $10.99 per share, for a total transaction of $164,850.00.
• On Friday, May 15th, Olimpio Matarazzo Neto acquired 15,000 shares of Patria Investments stock. The stock was acquired at an average cost of $11.40 per share, for a total transaction of $171,000.00.

Patria Investments Stock Performance

Shares of PAX opened at $11.15 on Monday. The firm’s 50 day moving average is $12.11 and its 200-day moving average is $13.77. The stock has a market capitalization of $741.73 million, a P/E ratio of 22.30, a P/E/G ratio of 1.28 and a beta of 0.74. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.91 and a quick ratio of 0.91. Patria Investments Limited has a 12-month low of $10.72 and a 12-month high of $17.80.

Patria Investments Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Stockholders of record on Monday, May 18th will be paid a $0.1625 dividend. The ex-dividend date of this dividend is Monday, May 18th. This represents a $0.65 annualized dividend and a dividend yield of 5.8%. This is an increase from Patria Investments’s previous quarterly dividend of $0.15. Patria Investments’s dividend payout ratio is presently 144.44%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the stock. JPMorgan Chase & Co. lowered their price objective on shares of Patria Investments from $17.00 to $16.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 8th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $18.00 price objective on shares of Patria Investments in a research note on Friday, April 24th. Finally, Zacks Research cut shares of Patria Investments from a “hold” rating to a “strong sell” rating in a research note on Tuesday, May 5th. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $17.00.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in PAX. AQR Capital Management LLC increased its position in shares of Patria Investments by 234.2% in the first quarter. AQR Capital Management LLC now owns 43,789 shares of the company’s stock worth $494,000 after acquiring an additional 30,688 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Patria Investments by 8.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 34,330 shares of the company’s stock worth $388,000 after acquiring an additional 2,740 shares in the last quarter. Dynamic Technology Lab Private Ltd purchased a new position in shares of Patria Investments in the first quarter worth approximately $153,000. Rhumbline Advisers increased its position in shares of Patria Investments by 12.7% in the second quarter. Rhumbline Advisers now owns 92,717 shares of the company’s stock worth $1,304,000 after acquiring an additional 10,442 shares in the last quarter. Finally, American Century Companies Inc. increased its position in shares of Patria Investments by 338.0% in the second quarter. American Century Companies Inc. now owns 172,754 shares of the company’s stock worth $2,429,000 after acquiring an additional 133,313 shares in the last quarter. 96.27% of the stock is owned by hedge funds and other institutional investors.

About Patria Investments

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.