Patria Investments (NYSE:PAX) CEO Marco Nicola D’ippolito Sells 7,004 Shares

Patria Investments Limited (NYSE:PAX) CEO Marco Nicola D’ippolito sold 7,004 shares of the firm’s stock in a transaction that occurred on Thursday, August 6th. The shares were sold at an average price of $11.29, for a total transaction of $79,075.16. Following the transaction, the chief executive officer directly owned 443,178 shares in the company, valued at approximately $5,003,479.62. The trade was a 1.56% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Patria Investments Price Performance

NYSE PAX opened at $11.48 on Tuesday. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.31. The stock has a market capitalization of $763.68 million, a PE ratio of 22.96, a price-to-earnings-growth ratio of 1.28 and a beta of 0.76. Patria Investments Limited has a 12-month low of $10.55 and a 12-month high of $17.80. The company has a 50 day moving average price of $11.15 and a two-hundred day moving average price of $11.92.

Patria Investments Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 14th. Investors of record on Monday, August 10th will be paid a $0.1625 dividend. This represents a $0.65 annualized dividend and a dividend yield of 5.7%. The ex-dividend date of this dividend is Monday, August 10th. Patria Investments’s payout ratio is presently 147.73%.

Institutional Trading of Patria Investments

A number of institutional investors and hedge funds have recently modified their holdings of PAX. AQR Capital Management LLC boosted its holdings in shares of Patria Investments by 234.2% during the 1st quarter. AQR Capital Management LLC now owns 43,789 shares of the company’s stock worth $494,000 after buying an additional 30,688 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Patria Investments by 8.7% in the 1st 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 during the period. Dynamic Technology Lab Private Ltd acquired a new position in Patria Investments during the 1st quarter worth $153,000. Rhumbline Advisers lifted its position in Patria Investments by 12.7% during the 2nd quarter. Rhumbline Advisers now owns 92,717 shares of the company’s stock worth $1,304,000 after acquiring an additional 10,442 shares during the last quarter. Finally, American Century Companies Inc. boosted its holdings in Patria Investments by 338.0% during the second quarter. American Century Companies Inc. now owns 172,754 shares of the company’s stock valued at $2,429,000 after acquiring an additional 133,313 shares during the period. 96.27% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

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.