Angeliki Frangou Purchases 1,121 Shares of Navios Maritime Partners (NYSE:NMM) Stock

Navios Maritime Partners LP (NYSE:NMM) insider Angeliki Frangou acquired 1,121 shares of the stock in a transaction on Wednesday, July 22nd. The shares were purchased at an average price of $74.07 per share, for a total transaction of $83,032.47. Following the completion of the transaction, the insider owned 4,775,568 shares in the company, valued at approximately $353,726,321.76. This represents a 0.02% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website.

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

• On Tuesday, July 21st, Angeliki Frangou bought 1,149 shares of Navios Maritime Partners stock. The shares were purchased at an average cost of $74.03 per share, for a total transaction of $85,060.47.
• On Monday, July 20th, Angeliki Frangou bought 1,167 shares of Navios Maritime Partners stock. The stock was acquired at an average price of $72.95 per share, with a total value of $85,132.65.
• On Monday, July 27th, Angeliki Frangou bought 1,053 shares of Navios Maritime Partners stock. The stock was acquired at an average cost of $77.64 per share, with a total value of $81,754.92.
• On Friday, July 24th, Angeliki Frangou bought 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 purchased 1,131 shares of Navios Maritime Partners stock. The shares were acquired at an average price of $74.81 per share, for a total transaction of $84,610.11.
• On Tuesday, July 14th, Angeliki Frangou purchased 1,105 shares of Navios Maritime Partners stock. The shares were acquired at an average cost of $75.58 per share, for a total transaction of $83,515.90.
• On Monday, July 13th, Angeliki Frangou acquired 1,100 shares of Navios Maritime Partners stock. The stock was acquired at an average cost of $75.41 per share, with a total value of $82,951.00.
• On Friday, July 10th, Angeliki Frangou acquired 1,129 shares of Navios Maritime Partners stock. The stock was acquired at an average cost of $75.36 per share, with a total value of $85,081.44.
• On Thursday, July 9th, Angeliki Frangou acquired 1,099 shares of Navios Maritime Partners stock. The shares were acquired at an average price of $73.74 per share, with a total value of $81,040.26.
• On Wednesday, July 8th, Angeliki Frangou acquired 1,108 shares of Navios Maritime Partners stock. The shares were bought at an average cost of $76.14 per share, for a total transaction of $84,363.12.

Navios Maritime Partners Stock Performance

Shares of NMM opened at $77.97 on Thursday. The company has a market capitalization of $2.24 billion, a PE ratio of 6.57 and a beta of 1.00. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.45 and a current ratio of 1.45. The company’s 50 day moving average price is $73.17 and its 200 day moving average price is $68.53. Navios Maritime Partners LP has a 52 week low of $40.80 and a 52 week high of $80.97.

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

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Royal Bank of Canada raised its stake in shares of Navios Maritime Partners by 50.9% in the 4th quarter. Royal Bank of Canada now owns 599 shares of the shipping company’s stock valued at $32,000 after acquiring an additional 202 shares in the last quarter. Valley Wealth Managers Inc. bought a new stake in Navios Maritime Partners during the first quarter worth approximately $63,000. State of Wyoming acquired a new position in Navios Maritime Partners during the fourth quarter valued at approximately $137,000. Corient Private Wealth LLC acquired a new position in Navios Maritime Partners during the fourth quarter valued at approximately $207,000. Finally, Mariner LLC acquired a new position in Navios Maritime Partners during the fourth quarter valued at approximately $208,000. 62.74% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Weiss Ratings cut Navios Maritime Partners from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, May 28th. Jefferies Financial Group started coverage on Navios Maritime Partners in a research report on Friday, April 24th. They issued a “buy” rating and a $85.00 target price on the stock. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, Navios Maritime Partners presently has an average rating of “Moderate Buy” and an average price target of $85.00.

Trending Headlines about Navios Maritime Partners

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

• Positive Sentiment: Chair Angeliki Frangou purchased 1,053 NMM shares for approximately $81,755 on July 27, adding to a series of purchases made throughout July. Across six transactions from July 20–27, she bought 6,705 shares for roughly $505,000 at prices between $72.95 and $79.02. The repeated purchases, while individually small, signal continued insider confidence. Insider purchase report
• Positive Sentiment: A bullish Seeking Alpha analysis raised its estimated fair value for Navios Maritime Partners to $115 per share. The article cited NMM’s trading at approximately 0.47 times charter-free net asset value, robust share repurchases, ongoing CEO purchases, about $4 billion in contracted revenue, deleveraging and fleet renewal as reasons for an attractive risk/reward profile. Seeking Alpha valuation analysis
• Neutral Sentiment: A separate second-quarter preview said the company’s VLCC-related arbitrage strategy has worked, but emphasized that capital allocation will be important. Investors may therefore focus on buybacks, fleet investments, debt reduction and management’s use of cash when results are reported. Second-quarter preview
• Neutral Sentiment: The insider purchases represent only about 0.02% increases in Frangou’s ownership per transaction, so they are primarily a sentiment signal rather than a material change to NMM’s financial position. The stock has also appreciated more than 100%, increasing the importance of shipping rates, vessel-market conditions and execution.
• Negative Sentiment: Valuation is not uniformly viewed as compelling: Weiss Ratings previously downgraded NMM from “buy” to “hold,” while the broader analyst consensus remains “Moderate Buy” with an $85 target. This suggests some investors may see limited near-term upside after the recent rally.

Navios Maritime Partners Company Profile

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.