Navios Maritime Partners (NYSE:NMM) Insider Buys $82,556.05 in Stock

Navios Maritime Partners LP (NYSE:NMM) insider Angeliki Frangou acquired 1,051 shares of the company’s stock in a transaction dated Wednesday, July 29th. The stock was acquired at an average price of $78.55 per share, with a total value of $82,556.05. Following the purchase, the insider owned 4,780,959 shares in the company, valued at approximately $375,544,329.45. This represents a 0.02% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Angeliki Frangou also recently made the following trade(s):

• On Thursday, July 30th, Angeliki Frangou purchased 1,068 shares of Navios Maritime Partners stock. The shares were acquired at an average price of $78.37 per share, with a total value of $83,699.16.
• On Tuesday, July 28th, Angeliki Frangou bought 1,072 shares of Navios Maritime Partners stock. The stock was bought at an average cost of $78.59 per share, with a total value of $84,248.48.
• On Wednesday, July 22nd, Angeliki Frangou acquired 1,121 shares of Navios Maritime Partners stock. The shares were bought at an average price of $74.07 per share, with a total value of $83,032.47.
• On Tuesday, July 21st, Angeliki Frangou bought 1,149 shares of Navios Maritime Partners stock. The shares were purchased at an average price of $74.03 per share, with a total value of $85,060.47.
• On Monday, July 20th, Angeliki Frangou acquired 1,167 shares of Navios Maritime Partners stock. The shares were purchased at an average cost of $72.95 per share, with a total value of $85,132.65.
• On Monday, July 27th, Angeliki Frangou acquired 1,053 shares of Navios Maritime Partners stock. The stock was acquired at an average price of $77.64 per share, with a total value of $81,754.92.
• On Friday, July 24th, Angeliki Frangou purchased 1,084 shares of Navios Maritime Partners stock. The stock was acquired at an average cost of $79.02 per share, with a total value of $85,657.68.
• On Thursday, July 23rd, Angeliki Frangou bought 1,131 shares of Navios Maritime Partners stock. The stock was bought at an average cost of $74.81 per share, with a total value of $84,610.11.
• On Tuesday, July 14th, Angeliki Frangou acquired 1,105 shares of Navios Maritime Partners stock. The stock was bought at an average price of $75.58 per share, with a total value of $83,515.90.
• On Monday, July 13th, Angeliki Frangou bought 1,100 shares of Navios Maritime Partners stock. The shares were purchased at an average price of $75.41 per share, with a total value of $82,951.00.

Navios Maritime Partners Stock Performance

Shares of NYSE:NMM opened at $80.92 on Friday. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 0.57. The stock has a market capitalization of $2.32 billion, a P/E ratio of 6.82 and a beta of 1.00. The business has a 50-day moving average price of $73.39 and a two-hundred day moving average price of $68.78. Navios Maritime Partners LP has a 1-year low of $40.80 and a 1-year high of $82.84.

Navios Maritime Partners (NYSE:NMM) last posted its quarterly earnings results on Thursday, May 21st. The shipping company reported $3.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.77 by $0.58. Navios Maritime Partners had a return on equity of 10.48% and a net margin of 25.05%.The business had revenue of $357.01 million for the quarter, compared to analyst estimates of $317.80 million. During the same period last year, the company earned $1.58 EPS. The firm’s revenue was up 17.4% on a year-over-year basis.

Navios Maritime Partners Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 13th. Shareholders of record on Monday, August 10th will be issued a $0.06 dividend. The ex-dividend date is Monday, August 10th. This represents a $0.24 annualized dividend and a yield of 0.3%. Navios Maritime Partners’s dividend payout ratio (DPR) is 2.02%.

Institutional Investors Weigh In On Navios Maritime Partners

Hedge funds have recently bought and sold shares of the stock. Ion Asset Management Ltd. lifted its holdings in Navios Maritime Partners by 2.2% during the 2nd quarter. Ion Asset Management Ltd. now owns 817,963 shares of the shipping company’s stock worth $30,821,000 after purchasing an additional 17,285 shares during the last quarter. ION Fund Management Ltd bought a new stake in Navios Maritime Partners during the fourth quarter worth about $24,432,000. Bank of America Corp DE lifted its holdings in shares of Navios Maritime Partners by 57.6% during the 1st quarter. Bank of America Corp DE now owns 199,141 shares of the shipping company’s stock worth $13,438,000 after acquiring an additional 72,754 shares during the period. Walleye Capital LLC boosted its holdings in shares of Navios Maritime Partners by 45,274.3% in the 1st quarter. Walleye Capital LLC now owns 149,527 shares of the shipping company’s stock valued at $10,090,000 after purchasing an additional 149,858 shares in the last quarter. Finally, ING Groep NV boosted its stake in Navios Maritime Partners by 51.7% in the fourth quarter. ING Groep NV now owns 146,500 shares of the shipping company’s stock valued at $7,681,000 after buying an additional 49,900 shares in the last quarter. 62.74% of the stock is currently owned by institutional investors and hedge funds.

Navios Maritime Partners News Roundup

Here are the key news stories impacting Navios Maritime Partners this week:

• Positive Sentiment: Chairwoman and insider Angeliki Frangou purchased approximately 1,051–1,072 shares on July 28–30 at prices near $78–$79 per share. The purchases are small relative to her roughly 4.8 million-share holding, but the repeated open-market buying can be interpreted as a positive signal about management’s confidence. Insider Buying: Navios Maritime Partners Insider Buys 1,051 Shares
• Positive Sentiment: Navios Partners declared a quarterly cash distribution of $0.06 per unit, payable August 13 to holders of record August 10. The $0.24 annualized distribution provides a modest approximately 0.3% yield and may support investor interest in the partnership. Navios Maritime Partners Announces Cash Distribution
• Positive Sentiment: Market coverage describes NMM as a stock nearing a potential buy point after a roughly 50% rally, highlighting strong momentum and investor attention. The company’s latest reported quarter also showed earnings and revenue above expectations, with revenue up 17.4% year over year.
• Neutral Sentiment: Analyst sentiment remains moderately bullish: Jefferies has a Buy rating and an $85 price target, while another service rates the shares Hold. The consensus target of $85 suggests limited upside from recent trading levels.
• Negative Sentiment: The sharp rally and proximity to the 52-week high could encourage profit-taking, particularly because the dividend yield is low. Weiss Ratings recently downgraded NMM from Buy to Hold, adding a cautionary signal.

Analyst Ratings Changes

Several analysts have commented on NMM shares. Weiss Ratings downgraded shares of Navios Maritime Partners from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, May 28th. Jefferies Financial Group began coverage on Navios Maritime Partners in a report on Friday, April 24th. They set a “buy” rating and a $85.00 target price on the stock. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, Navios Maritime Partners presently has a consensus rating of “Moderate Buy” and an average price target of $85.00.

About Navios Maritime Partners

Navios Maritime Partners L.P. (NYSE: NMM) is a dry bulk shipping company that owns and operates a fleet of Capesize, Panamax and Supramax vessels. The partnership charters its vessels under medium- and long-term contracts to a diverse group of charterers, providing seaborne transportation for major bulk cargoes such as iron ore, coal, grain and fertilizers. Through this asset-light model, Navios Maritime Partners seeks to generate stable cash flows while retaining flexibility to capitalize on market opportunities.

Formed in November 2007 and sponsored by Navios Maritime Holdings Inc, the partnership leverages the operating platform and commercial management capabilities of the Navios group.