Patria Investments (NYSE:PAX) Director Buys $573,000.00 in Stock

Patria Investments Limited (NYSE:PAX) Director Olimpio Matarazzo Neto bought 50,000 shares of the stock in a transaction that occurred on Friday, June 5th. The shares were purchased at an average price of $11.46 per share, with a total value of $573,000.00. Following the purchase, the director owned 235,000 shares of the company’s stock, valued at approximately $2,693,100. This represents a 27.03% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website.

Olimpio Matarazzo Neto also recently made the following trade(s):

• On Wednesday, June 3rd, Olimpio Matarazzo Neto bought 50,000 shares of Patria Investments stock. The shares were purchased at an average price of $11.12 per share, with a total value of $556,000.00.
• On Monday, June 1st, Olimpio Matarazzo Neto bought 15,000 shares of Patria Investments stock. The shares were purchased at an average price of $11.59 per share, with a total value of $173,850.00.
• On Thursday, May 28th, Olimpio Matarazzo Neto bought 15,000 shares of Patria Investments stock. The shares were purchased at an average price of $11.50 per share, with a total value of $172,500.00.
• On Tuesday, May 26th, Olimpio Matarazzo Neto bought 15,000 shares of Patria Investments stock. The shares were purchased at an average price of $11.31 per share, with a total value of $169,650.00.
• On Wednesday, May 20th, Olimpio Matarazzo Neto acquired 15,000 shares of Patria Investments stock. The stock was bought at an average price of $10.99 per share, with a total value of $164,850.00.
• On Friday, May 15th, Olimpio Matarazzo Neto acquired 15,000 shares of Patria Investments stock. The stock was bought at an average price of $11.40 per share, with a total value of $171,000.00.

Patria Investments Stock Performance

NYSE PAX traded down $0.36 during trading hours on Friday, hitting $11.15. The company had a trading volume of 753,321 shares, compared to its average volume of 972,891. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.91 and a current ratio of 0.91. Patria Investments Limited has a 1-year low of $10.72 and a 1-year high of $17.80. The company has a market cap of $741.73 million, a PE ratio of 22.30, a price-to-earnings-growth ratio of 1.28 and a beta of 0.74. The business has a 50 day moving average of $12.11 and a 200-day moving average of $13.78.

Patria Investments Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Monday, May 18th will be paid a $0.1625 dividend. This is a boost from Patria Investments’s previous quarterly dividend of $0.15. This represents a $0.65 annualized dividend and a yield of 5.8%. The ex-dividend date is Monday, May 18th. Patria Investments’s payout ratio is currently 144.44%.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on PAX shares. JPMorgan Chase & Co. decreased their price objective on shares of Patria Investments from $17.00 to $16.00 and set a “neutral” rating for the company in a research note on Wednesday, April 8th. The Goldman Sachs Group restated a “buy” rating and issued a $18.00 price objective on shares of Patria Investments in a research note on Friday, April 24th. Finally, Zacks Research downgraded shares of Patria Investments from a “hold” rating to a “strong sell” rating in a research note on Tuesday, May 5th. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $17.00.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. State of Wyoming purchased a new position in Patria Investments during the third quarter worth about $63,000. Advisory Services Network LLC purchased a new position in Patria Investments during the third quarter worth about $73,000. Kemnay Advisory Services Inc. purchased a new position in Patria Investments during the fourth quarter worth about $94,000. Tower Research Capital LLC TRC raised its holdings in Patria Investments by 52.9% during the second quarter. Tower Research Capital LLC TRC now owns 8,148 shares of the company’s stock worth $115,000 after purchasing an additional 2,818 shares in the last quarter. Finally, State of Alaska Department of Revenue raised its holdings in Patria Investments by 262.8% during the fourth quarter. State of Alaska Department of Revenue now owns 9,683 shares of the company’s stock worth $153,000 after purchasing an additional 7,014 shares in the last quarter. 96.27% of the stock is owned by hedge funds and other institutional investors.

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.