Angeliki Frangou Acquires 1,072 Shares of Navios Maritime Partners (NYSE:NMM) Stock

Navios Maritime Partners LP (NYSE:NMM) insider Angeliki Frangou acquired 1,072 shares of Navios Maritime Partners stock in a transaction dated Tuesday, July 28th. The shares were purchased at an average cost of $78.59 per share, with a total value of $84,248.48. Following the completion of the transaction, the insider directly owned 4,779,908 shares of the company’s stock, valued at $375,652,969.72. This trade represents a 0.02% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink.

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

• On Thursday, July 30th, Angeliki Frangou bought 1,068 shares of Navios Maritime Partners stock. The stock was purchased at an average cost of $78.37 per share, for a total transaction of $83,699.16.
• On Wednesday, July 29th, Angeliki Frangou bought 1,051 shares of Navios Maritime Partners stock. The stock was purchased at an average cost of $78.55 per share, for a total transaction of $82,556.05.
• On Wednesday, July 22nd, Angeliki Frangou bought 1,121 shares of Navios Maritime Partners stock. The stock was purchased at an average price of $74.07 per share, for a total transaction of $83,032.47.
• On Tuesday, July 21st, Angeliki Frangou purchased 1,149 shares of Navios Maritime Partners stock. The shares were purchased at an average cost of $74.03 per share, with a total value of $85,060.47.
• On Monday, July 20th, Angeliki Frangou purchased 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 purchased 1,053 shares of Navios Maritime Partners stock. The shares were acquired at an average cost of $77.64 per share, with a total value of $81,754.92.
• On Friday, July 24th, Angeliki Frangou acquired 1,084 shares of Navios Maritime Partners stock. The stock was acquired at an average price of $79.02 per share, for a total transaction of $85,657.68.
• On Thursday, July 23rd, Angeliki Frangou acquired 1,131 shares of Navios Maritime Partners stock. The stock was acquired at an average price of $74.81 per share, for a total transaction of $84,610.11.
• On Tuesday, July 14th, Angeliki Frangou acquired 1,105 shares of Navios Maritime Partners stock. The stock was acquired at an average cost of $75.58 per share, for a total transaction of $83,515.90.
• On Monday, July 13th, Angeliki Frangou bought 1,100 shares of Navios Maritime Partners stock. The shares were acquired at an average price of $75.41 per share, with a total value of $82,951.00.

Navios Maritime Partners Stock Performance

Shares of NMM opened at $80.92 on Friday. The stock has a market capitalization of $2.32 billion, a price-to-earnings ratio of 6.82 and a beta of 1.00. Navios Maritime Partners LP has a 12 month low of $40.80 and a 12 month high of $82.84. The firm has a fifty day simple moving average of $73.39 and a 200 day simple moving average of $68.78. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 0.57.

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

Navios Maritime Partners Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, August 13th. Investors of record on Monday, August 10th will be given a $0.06 dividend. The ex-dividend date of this dividend is Monday, August 10th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.3%. Navios Maritime Partners’s payout ratio is currently 2.02%.

Institutional Trading of Navios Maritime Partners

Several institutional investors and hedge funds have recently added to or reduced their stakes in NMM. JPMorgan Chase & Co. lifted its stake in Navios Maritime Partners by 95.5% in the third quarter. JPMorgan Chase & Co. now owns 34,884 shares of the shipping company’s stock valued at $1,572,000 after acquiring an additional 17,040 shares during the last quarter. Marnell Management LLC acquired a new position in shares of Navios Maritime Partners during the 4th quarter worth about $5,027,000. ING Groep NV increased its stake in shares of Navios Maritime Partners by 51.7% during the 4th quarter. ING Groep NV now owns 146,500 shares of the shipping company’s stock worth $7,681,000 after purchasing an additional 49,900 shares during the last quarter. SG Americas Securities LLC bought a new stake in shares of Navios Maritime Partners in the 1st quarter valued at about $622,000. Finally, Live Oak Investment Partners raised its holdings in shares of Navios Maritime Partners by 6.8% in the 4th quarter. Live Oak Investment Partners now owns 32,280 shares of the shipping company’s stock valued at $1,692,000 after purchasing an additional 2,063 shares during the period. 62.74% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several brokerages recently commented on NMM. 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 note on Friday, April 24th. They issued a “buy” rating and a $85.00 price target for the company. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, Navios Maritime Partners presently has a consensus rating of “Moderate Buy” and a consensus price target of $85.00.

More Navios Maritime Partners News

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.

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.