Pampa Energia (NYSE:PAM) Insider Damian Miguel Mindlin Acquires 19,413 Shares of Stock

Pampa Energia S.A. (NYSE:PAM) insider Damian Mindlin bought 19,413 shares of the company’s stock in a transaction on Tuesday, November 3rd. The stock was bought at an average price of $68.43 per share, for a total transaction of $1,328,431.59. Following the completion of the purchase, the insider directly owned 710,306 shares in the company, valued at approximately $48,606,239.58. This represents a 2.81% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website.

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

• On Wednesday, November 4th, Damian Mindlin purchased 19,239 shares of Pampa Energia stock. The shares were bought at an average cost of $66.93 per share, with a total value of $1,287,666.27.
• On Monday, September 28th, Damian Mindlin purchased 1,432,197 shares of Pampa Energia stock. The shares were bought at an average cost of $3.89 per share, with a total value of $5,571,246.33.

Pampa Energia Stock Down 1.4%

Shares of NYSE PAM opened at $63.91 on Friday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 3.23 and a current ratio of 2.79. The firm has a market capitalization of $3.43 billion, a price-to-earnings ratio of 5.10, a PEG ratio of 0.20 and a beta of 0.96. The stock has a 50 day moving average price of $79.57 and a 200 day moving average price of $82.23. Pampa Energia S.A. has a 52-week low of $63.42 and a 52-week high of $94.50.

Pampa Energia (NYSE:PAM) last released its quarterly earnings data on Monday, November 2nd. The utilities provider reported $2.41 EPS for the quarter, topping the consensus estimate of $2.29 by $0.12. The company had revenue of $790.00 million for the quarter, compared to the consensus estimate of $805.46 million. Pampa Energia had a return on equity of 17.37% and a net margin of 25.84%. Sell-side analysts expect that Pampa Energia S.A. will post 10.81 earnings per share for the current year.

Key Stories Impacting Pampa Energia

Here are the key news stories impacting Pampa Energia this week:

• Positive Sentiment: Insiders bought shares in several transactions on November 3–4. CFO Adolfo Fernando Zuberbuhler purchased 3,136 shares for about $207,000, while Damian Mindlin bought a combined 38,652 shares for roughly $2.62 million. The buying may signal confidence in Pampa’s outlook. CFO SEC filing Mindlin SEC filing
• Positive Sentiment: Pampa outlined plans to ramp production at its Rincón de Aranda project to 40,000 barrels per day by the end of 2027 and 45,000 barrels per day in the first quarter of 2028, a potential longer-term growth driver. Production ramp plans
• Neutral Sentiment: Reports on Q3 described sharply higher profit, but revenue of about $790 million reportedly fell short of the roughly $806.6 million analyst estimate. The earnings growth is encouraging, while the revenue miss may have tempered the reaction. Q3 earnings call transcript
• Negative Sentiment: JPMorgan cut its price target to $100 from $105 and maintained a neutral rating. A separate report linked an analyst downgrade to PAM reaching a new 12-month low, adding to near-term investor concerns. JPMorgan outlook Downgrade and 12-month low

Analysts Set New Price Targets

PAM has been the subject of several recent research reports. Wall Street Zen downgraded Pampa Energia from a “strong-buy” rating to a “buy” rating in a report on Sunday, September 27th. Weiss Ratings reiterated a “hold (c)” rating on shares of Pampa Energia in a report on Wednesday, September 9th. JPMorgan Chase & Co. cut their target price on shares of Pampa Energia from $105.00 to $100.00 and set a “neutral” rating on the stock in a research report on Monday. Finally, Zacks Research lowered shares of Pampa Energia from a “strong-buy” rating to a “hold” rating in a report on Monday, July 27th. One equities research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $98.50.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in PAM. ABS Direct Equity Fund LLC lifted its position in shares of Pampa Energia by 5.0% during the second quarter. ABS Direct Equity Fund LLC now owns 77,660 shares of the utilities provider’s stock valued at $6,378,000 after buying an additional 3,699 shares during the last quarter. WINTON GROUP Ltd bought a new stake in shares of Pampa Energia in the 2nd quarter valued at about $608,000. Engineers Gate Manager LP grew its position in shares of Pampa Energia by 189.7% in the 2nd quarter. Engineers Gate Manager LP now owns 15,855 shares of the utilities provider’s stock worth $1,302,000 after buying an additional 10,382 shares during the last quarter. Wealth High Governance Asset Management Ltda. grew its position in shares of Pampa Energia by 24.5% in the 1st quarter. Wealth High Governance Asset Management Ltda. now owns 24,714 shares of the utilities provider’s stock worth $2,187,000 after buying an additional 4,866 shares during the last quarter. Finally, Guardian Partners Inc. purchased a new position in shares of Pampa Energia in the 1st quarter worth approximately $620,000. 12.77% of the stock is owned by institutional investors.

About Pampa Energia

Pampa Energía SA is an integrated Argentine energy company engaged in electricity generation, oil and natural gas exploration and production, and related energy infrastructure. Its power-generation portfolio includes thermal, hydroelectric and renewable facilities that supply electricity to Argentina’s wholesale power market.

The company’s upstream operations are focused primarily on Argentina, including conventional and unconventional resources in the Neuquén Basin and the Vaca Muerta formation.