Angeliki Frangou Acquires 1,068 Shares of Navios Maritime Partners (NYSE:NMM) Stock

Navios Maritime Partners LP (NYSE:NMM) insider Angeliki Frangou acquired 1,068 shares of Navios Maritime Partners stock in a transaction that occurred on Thursday, July 30th. The stock was acquired at an average cost of $78.37 per share, for a total transaction of $83,699.16. Following the completion of the purchase, the insider directly owned 4,782,027 shares of the company’s stock, valued at $374,767,455.99. This represents a 0.02% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

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

• On Wednesday, July 29th, Angeliki Frangou bought 1,051 shares of Navios Maritime Partners stock. The stock was acquired at an average price of $78.55 per share, for a total transaction of $82,556.05.
• On Tuesday, July 28th, Angeliki Frangou bought 1,072 shares of Navios Maritime Partners stock. The shares were acquired at an average cost of $78.59 per share, with a total value of $84,248.48.
• On Wednesday, July 22nd, Angeliki Frangou bought 1,121 shares of Navios Maritime Partners stock. The stock was bought at an average cost of $74.07 per share, with a total value of $83,032.47.
• On Tuesday, July 21st, Angeliki Frangou acquired 1,149 shares of Navios Maritime Partners stock. The stock was bought 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 bought at an average price 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 stock was purchased at an average price of $77.64 per share, with a total value of $81,754.92.
• On Friday, July 24th, Angeliki Frangou purchased 1,084 shares of Navios Maritime Partners stock. The stock was purchased at an average price of $79.02 per share, with a total value of $85,657.68.
• On Thursday, July 23rd, Angeliki Frangou acquired 1,131 shares of Navios Maritime Partners stock. The shares were purchased at an average cost 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 shares were purchased at an average price 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 shares were purchased at an average price of $75.41 per share, for a total transaction of $82,951.00.

Navios Maritime Partners Price Performance

Shares of NMM opened at $80.92 on Friday. Navios Maritime Partners LP has a 12-month low of $40.80 and a 12-month high of $82.84. The business has a 50-day simple moving average of $73.39 and a two-hundred day simple moving average of $68.78. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 0.57. The stock has a market cap of $2.32 billion, a PE ratio of 6.82 and a beta of 1.00.

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

Navios Maritime Partners Announces Dividend

The firm 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 dividend of $0.06 per share. The ex-dividend date is Monday, August 10th. This represents a $0.24 annualized dividend and a yield of 0.3%. Navios Maritime Partners’s dividend payout ratio (DPR) is currently 2.02%.

Analyst Upgrades and Downgrades

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

Key Headlines Impacting Navios Maritime Partners

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.

Institutional Investors Weigh In On Navios Maritime Partners

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

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.