Alejandro Gustavo Elsztain, CEO at CRESUD INC (CRESY), bought 17,334 shares at $11.63 ($199K) on 2026-09-30, disclosed to the SEC on 2026-10-01.
CRESUD CEO Alejandro Gustavo Elsztain purchased 8,573 shares for $99,704 on September 30, signaling confidence in the conglomerate's value despite recent market volatility. This executive buy follows a period of consecutive selling, potentially marking a strategic entry point for the stock.
The stock is down 9.57% over the last 5 days and sits 10.52% below its 52-week high of $12.89, trading at $11.53. Despite the recent pullback, the share price remains 12.27% above its 52-week low of $10.27.
Insider buying momentum: The trade follows 1 consecutive sell prior to this purchase, which can act as a reversal signal. Valuation metrics: The company trades at a forward P/E of 71.11, suggesting potential re-rating if earnings growth accelerates.
Short interest: The stock has a short interest of 8.09% of the float, indicating significant bearish sentiment. Valuation concerns: The forward P/E of 71.11 is high relative to the TTM P/E of 6.51, which may raise questions about future earnings sustainability.
Nothing distinguishes this filing.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $11.63 | 8,573 | $100K | 50.0% |
| 2 | $11.37 | 8,761 | $100K | 50.0% |
| Total | $11.50 avg | 17,334 | $199K | 100% |
| Filing → |
| LND | BUY | 2026-06-29 | $103K | — | Filing → |
| CRESY | BUY | 2026-06-05 | $199K | — | Filing → |
| LND | BUY | 2026-05-22 | $205K | — | Filing → |