Pampa Energia (NYSE:PAM) VP Sells $199,525.00 in Stock

Pampa Energia S.A. (NYSE:PAM) VP Damian Miguel Mindlin sold 57,500 shares of the stock in a transaction dated Thursday, April 9th. The shares were sold at an average price of $3.47, for a total value of $199,525.00. Following the completion of the transaction, the vice president directly owned 13,910,870 shares in the company, valued at approximately $48,270,718.90. This represents a 0.41% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Damian Miguel Mindlin also recently made the following trade(s):

• On Tuesday, March 31st, Damian Miguel Mindlin sold 500,000 shares of Pampa Energia stock. The stock was sold at an average price of $3.57, for a total value of $1,785,000.00.
• On Friday, March 20th, Damian Miguel Mindlin sold 477 shares of Pampa Energia stock. The stock was sold at an average price of $3.65, for a total value of $1,741.05.
• On Thursday, March 19th, Damian Miguel Mindlin sold 300,000 shares of Pampa Energia stock. The stock was sold at an average price of $3.41, for a total value of $1,023,000.00.
• On Wednesday, March 18th, Damian Miguel Mindlin sold 429,000 shares of Pampa Energia stock. The stock was sold at an average price of $3.45, for a total value of $1,480,050.00.

Pampa Energia Stock Up 0.1%

NYSE PAM opened at $87.37 on Monday. The stock’s 50-day moving average price is $83.25 and its 200-day moving average price is $81.65. The company has a quick ratio of 2.75, a current ratio of 3.11 and a debt-to-equity ratio of 0.51. Pampa Energia S.A. has a 52 week low of $54.95 and a 52 week high of $94.50. The company has a market capitalization of $4.75 billion, a P/E ratio of 12.61, a price-to-earnings-growth ratio of 3.47 and a beta of 1.06.

Pampa Energia (NYSE:PAM) last posted its quarterly earnings data on Sunday, February 15th. The utilities provider reported $2.50 EPS for the quarter. Pampa Energia had a return on equity of 10.75% and a net margin of 18.87%.The firm had revenue of $507.00 million for the quarter. On average, equities research analysts predict that Pampa Energia S.A. will post 9.33 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Zacks Research raised Pampa Energia from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 31st. HSBC raised Pampa Energia from a “hold” rating to a “buy” rating and raised their price objective for the stock from $88.00 to $97.00 in a research note on Thursday, March 12th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Pampa Energia in a research report on Thursday, January 22nd. Finally, Wall Street Zen upgraded Pampa Energia from a “hold” rating to a “strong-buy” rating in a research report on Saturday, March 14th. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $105.00.

Institutional Trading of Pampa Energia

Several institutional investors have recently made changes to their positions in PAM. Raymond James Financial Inc. purchased a new stake in shares of Pampa Energia during the second quarter worth about $37,000. NFJ Investment Group LLC purchased a new stake in shares of Pampa Energia during the fourth quarter worth about $104,000. Van ECK Associates Corp purchased a new stake in shares of Pampa Energia during the third quarter worth about $139,000. Quantbot Technologies LP purchased a new stake in shares of Pampa Energia during the third quarter worth about $187,000. Finally, Arete Wealth Advisors LLC purchased a new stake in shares of Pampa Energia during the fourth quarter worth about $212,000. Hedge funds and other institutional investors own 12.77% of the company’s stock.

Pampa Energia Company Profile

Pampa Energía SA is Argentina’s largest independent energy company, with integrated operations spanning electricity generation, transmission, distribution and oil and gas activities. The company holds a diversified portfolio of thermal and hydroelectric power plants, along with growing investments in renewable energy projects, serving both domestic and regional markets.

In its electricity business, Pampa Energía develops and operates plants that supply energy to Argentina’s power grid.