Patria Investments (NYSE:PAX) CEO Sells 7,500 Shares of Stock

Key Points

• CEO insider sale: Patria Investments CEO Marco Nicola D’ippolito sold 7,500 shares at an average of $11.56, worth $86,700. He retained 443,178 shares, with his ownership declining 1.66%.
• Stock and dividend: PAX shares recently traded at $11.39, near the lower end of their 52-week range. The company declared a quarterly dividend of $0.1625, equal to a 5.7% annualized yield, though its payout ratio is high at 147.73%.
• Analyst sentiment: Zacks Research upgraded the stock from “strong sell” to “hold,” while the broader analyst consensus remains “Hold,” with a target price of $17.00. Institutional investors own approximately 96.27% of the company.

Patria Investments Limited (NYSE:PAX - Get Free Report) CEO Marco Nicola D'ippolito sold 7,500 shares of the business's stock in a transaction dated Tuesday, April 14th. The shares were sold at an average price of $11.56, for a total value of $86,700.00. Following the completion of the transaction, the chief executive officer directly owned 443,178 shares in the company, valued at $5,123,137.68. This represents a 1.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Marco Nicola D'ippolito also recently made the following trade(s):

• On Thursday, August 6th, Marco Nicola D'ippolito sold 7,004 shares of Patria Investments stock. The shares were sold at an average price of $11.29, for a total transaction of $79,075.16.

Patria Investments Stock Down 0.6%

Shares of PAX stock traded down $0.07 on Monday, reaching $11.39. 329,571 shares of the company were exchanged, compared to its average volume of 975,449. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.91 and a quick ratio of 0.91. The company has a 50-day moving average of $11.15 and a 200-day moving average of $11.94. The company has a market cap of $758.03 million, a price-to-earnings ratio of 22.79, a PEG ratio of 1.28 and a beta of 0.76. Patria Investments Limited has a one year low of $10.55 and a one year high of $17.80.

Patria Investments Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, September 14th. Stockholders of record on Monday, August 10th will be issued a $0.1625 dividend. This represents a $0.65 dividend on an annualized basis and a dividend yield of 5.7%. The ex-dividend date is Monday, August 10th. Patria Investments's dividend payout ratio (DPR) is currently 147.73%.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded Patria Investments from a "strong sell" rating to a "hold" rating in a report on Monday, July 20th. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Patria Investments currently has an average rating of "Hold" and a consensus target price of $17.00.

Hedge Funds Weigh In On Patria Investments

Hedge funds and other institutional investors have recently modified their holdings of the business. Public Employees Retirement System of Ohio grew its position in shares of Patria Investments by 5.0% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 14,600 shares of the company's stock valued at $213,000 after purchasing an additional 700 shares in the last quarter. Legal & General Group Plc raised its position in shares of Patria Investments by 2.3% in the third quarter. Legal & General Group Plc now owns 38,430 shares of the company's stock worth $561,000 after buying an additional 875 shares in the last quarter. ProShare Advisors LLC boosted its stake in Patria Investments by 9.2% during the fourth quarter. ProShare Advisors LLC now owns 12,099 shares of the company's stock valued at $192,000 after buying an additional 1,017 shares during the period. The Manufacturers Life Insurance Company boosted its stake in Patria Investments by 6.6% during the second quarter. The Manufacturers Life Insurance Company now owns 22,140 shares of the company's stock valued at $311,000 after buying an additional 1,366 shares during the period. Finally, Mutual Advisors LLC grew its position in Patria Investments by 10.1% during the fourth quarter. Mutual Advisors LLC now owns 20,899 shares of the company's stock worth $332,000 after buying an additional 1,918 shares in the last quarter. Hedge funds and other institutional investors own 96.27% of the company's stock.

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.

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