Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LND) Director Alejandro Gustavo Elsztain Acquires 14,500 Shares of Stock

Brasilagro Cia Brasileira De Propriedades Agricolas (NYSE:LND) Director Alejandro Gustavo Elsztain bought 14,500 shares of the business’s stock in a transaction on Thursday, June 25th. The shares were bought at an average cost of $3.52 per share, for a total transaction of $51,040.00. Following the completion of the acquisition, the director directly owned 626,870 shares in the company, valued at approximately $2,206,582.40. This trade represents a 2.37% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

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 stock was bought at an average price of $3.82 per share, for a total transaction of $51,570.00.
• On Tuesday, May 19th, Alejandro Gustavo Elsztain purchased 13,500 shares of Brasilagro Cia Brasileira De Propriedades Agricolas stock. The stock was bought at an average price of $3.74 per share, for a total transaction of $50,490.00.

Brasilagro Cia Brasileira De Propriedades Agricolas Trading Up 0.5%

Shares of LND stock opened at $3.59 on Tuesday. Brasilagro Cia Brasileira De Propriedades Agricolas has a 1-year low of $3.47 and a 1-year high of $4.45. The company has a current ratio of 1.47, a quick ratio of 0.69 and a debt-to-equity ratio of 0.42. The stock has a market cap of $368.31 million, a price-to-earnings ratio of -119.53 and a beta of 0.02. The stock has a 50-day moving average of $3.77 and a 200-day moving average of $3.88.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the stock. Weiss Ratings lowered shares of Brasilagro Cia Brasileira De Propriedades Agricolas from a “sell (d+)” rating to a “sell (d)” rating in a report on Tuesday, June 23rd. Wall Street Zen cut shares of Brasilagro Cia Brasileira De Propriedades Agricolas from a “hold” rating to a “sell” rating in a research report on Saturday, May 16th. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Reduce”.

Institutional Trading of Brasilagro Cia Brasileira De Propriedades Agricolas

Hedge funds have recently bought and sold shares of the business. EverSource Wealth Advisors LLC bought a new stake in Brasilagro Cia Brasileira De Propriedades Agricolas during the 2nd quarter valued at $37,000. SmartHarvest Portfolios LLC bought a new position in shares of Brasilagro Cia Brasileira De Propriedades Agricolas in the fourth quarter valued at $68,000. Banco BTG Pactual S.A. acquired a new position in shares of Brasilagro Cia Brasileira De Propriedades Agricolas during the fourth quarter valued at about $265,000. Windmill Hill Asset Management Ltd grew its holdings in shares of Brasilagro Cia Brasileira De Propriedades Agricolas by 100.0% during the fourth quarter. Windmill Hill Asset Management Ltd now owns 141,796 shares of the company’s stock valued at $508,000 after buying an additional 70,898 shares during the last quarter. Finally, Renaissance Technologies LLC increased its position in shares of Brasilagro Cia Brasileira De Propriedades Agricolas by 604.5% during the first quarter. Renaissance Technologies LLC now owns 139,500 shares of the company’s stock worth $590,000 after acquiring an additional 119,700 shares in the last quarter. Institutional investors and hedge funds own 1.15% of the company’s stock.

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.