Cresud S.A.C.I.F. y A. (NASDAQ:CRESY – Get Free Report) Director Fernando Adrian Elsztain sold 70,000 shares of Cresud S.A.C.I.F. y A. stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $1.26, for a total value of $88,200.00. Following the sale, the director directly owned 685,121 shares of the company’s stock, valued at approximately $863,252.46. The trade was a 9.27% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Fernando Adrian Elsztain also recently made the following trade(s):
- On Wednesday, July 22nd, Fernando Adrian Elsztain sold 20,000 shares of Cresud S.A.C.I.F. y A. stock. The stock was sold at an average price of $1.17, for a total value of $23,400.00.
- On Tuesday, July 21st, Fernando Adrian Elsztain sold 15,000 shares of Cresud S.A.C.I.F. y A. stock. The stock was sold at an average price of $1.13, for a total value of $16,950.00.
- On Monday, July 6th, Fernando Adrian Elsztain sold 4,385 shares of Cresud S.A.C.I.F. y A. stock. The stock was sold at an average price of $1.11, for a total value of $4,867.35.
Cresud S.A.C.I.F. y A. Price Performance
Shares of Cresud S.A.C.I.F. y A. stock opened at $11.21 on Friday. The firm has a market cap of $708.25 million, a price-to-earnings ratio of 5.05 and a beta of 0.73. The firm’s 50-day moving average price is $11.29. Cresud S.A.C.I.F. y A. has a 52-week low of $8.39 and a 52-week high of $14.21. The company has a current ratio of 1.43, a quick ratio of 1.05 and a debt-to-equity ratio of 0.46.
Key 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.
Institutional Investors Weigh In On Cresud S.A.C.I.F. y A.
Several institutional investors and hedge funds have recently added to or reduced their stakes in CRESY. Kopernik Global Investors LLC boosted its position in 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. VR Advisory Services Ltd grew its holdings in Cresud S.A.C.I.F. y A. by 113.0% during the third quarter. VR Advisory Services Ltd now owns 886,474 shares of the company’s stock valued at $8,156,000 after purchasing an additional 470,365 shares during the last quarter. Ping Capital Management Inc. raised its position in shares of Cresud S.A.C.I.F. y A. by 11.6% in the fourth quarter. Ping Capital Management Inc. now owns 134,821 shares of the company’s stock valued at $1,703,000 after purchasing an additional 14,021 shares during the period. Steadtrust LLC raised its position in shares of Cresud S.A.C.I.F. y A. by 0.8% in the fourth quarter. Steadtrust LLC now owns 134,608 shares of the company’s stock valued at $1,700,000 after purchasing an additional 1,108 shares during the period. Finally, Sei Investments Co. raised its position in shares of Cresud S.A.C.I.F. y A. by 18.4% in the third quarter. Sei Investments Co. now owns 117,331 shares of the company’s stock valued at $1,079,000 after purchasing an additional 18,215 shares during the period. 12.90% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of research analysts have recently weighed in on CRESY shares. Weiss Ratings restated a “hold (c)” rating on shares of Cresud S.A.C.I.F. y A. in a report on Wednesday, June 24th. Wall Street Zen cut shares of Cresud S.A.C.I.F. y A. from a “buy” rating to a “hold” rating in a report on Saturday, May 23rd. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, Cresud S.A.C.I.F. y A. presently has an average rating of “Hold”.
Get Our Latest Stock Report on CRESY
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.
Featured Articles
- Five stocks we like better than Cresud S.A.C.I.F. y A.
- Chevron’s Strong Quarter Shows Why It Still Leads the Energy Sector
- Amazon’s Earnings Beat Shows Why AWS Is Back at the Center of the Bull Case
- Apple’s Record Quarter Could Not Outrun Its Guidance Problem
- McKesson’s Compounding Keeps Adding Up
Receive News & Ratings for Cresud S.A.C.I.F. y A. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cresud S.A.C.I.F. y A. and related companies with MarketBeat.com's FREE daily email newsletter.
