Saul Zang, Director at CRESUD INC (CRESY), bought 17,000 shares at $10.63 ($181K) on 2026-05-20, disclosed to the SEC on 2026-05-21.
Director Saul Zang executed the largest insider purchase in CRESY's history by buying 17,000 shares at $10.63, signaling strong conviction in the company's valuation. This move comes amidst a volatile 30-day period where the stock is down 2.83% but remains close to its 52-week low.
CRESY is up 4.25% over the last five days but has slipped 2.83% over the past month. The stock is currently trading 13.15% below its 52-week high of $12.855 and 8.14% above its 52-week low of $10.325.
Catalysts include the Q2 2026 earnings call on Feb 11, 2026, which highlighted strong agricultural yields, and the Q4 2025 earnings call on Sep 6, 2025, which reported strong net income. Additionally, the insider cluster of 2 other buyers in the last 30 days suggests growing institutional support.
The company offers a high dividend yield of 5.71% which may be difficult to sustain given the low TTM P/E of 5.47. Additionally, short interest represents 4.32% of the float, indicating a notable bearish camp remains skeptical of the valuation.
Nothing distinguishes this filing.