Trexquant Investment 13F: Adds $17M to AG Stake

Trexquant Investment Boosts First Majestic Silver Stake

Trexquant Investment filed a Form 13F with the U.S. Securities and Exchange Commission showing a major increase in its holdings of First Majestic Silver Corp. (NYSE:AG). The filing reflects holdings as of the period ended May 15, 2026, and may not represent the investor's current position today. Because 13F filings look backward, observers will need to wait for subsequent reports to see if the fund keeps the shares.

Position Changes in First Majestic Silver

The fund lifted its position by 165.3%, adding 1,011,552 shares during the period. That brought its total holding to 1,623,426 shares. Based on the reported cost basis of $16.71 per share, the holding carried an estimated value of about $27.53 million.

Trading Levels for First Majestic Silver Stock

Shares of First Majestic Silver changed hands around $16.96 on the market. The company trades with a P/E ratio of 27.6 and a forward P/E ratio of 19.0. Investors tracking the basic materials sector watch these valuations alongside broader commodity price swings.

Recent Earnings Performance

First Majestic Silver brought in $1.64 billion in revenue with a revenue growth rate of 57.3%. The company posted an earnings per share figure of $0.70, accompanied by a net margin of 21.2% and a return on equity of 13.4%. The company's next corporate earnings report is expected around October 29, 2026.

Analysts Set New Price Targets

Wall Street firms continue to evaluate the miner. On October 9, 2026, HC Wainwright & Co. maintained a buy rating on the stock with a $25.50 price target, down from its prior target of $27.00. Earlier, on July 31, 2026, HC Wainwright & Co. maintained a buy rating with a $27.00 target. Scotiabank maintained a sector perform rating on July 14, 2026, setting a $22.50 target. Additionally, HC Wainwright & Co. kept a buy rating while setting a $26.00 target on July 10, 2026. The stock currently holds a consensus recommendation of buy with a mean price target of $24.75.

Silver Mining Operations in North America

First Majestic Silver explores for, develops, and produces mineral properties across North America, focusing on silver and gold deposits. Its assets include the San Dimas, Santa Elena, Los Gatos, and La Encantada mines located in Mexico. The company operates within the basic materials sector and was incorporated in 1979.

What to Watch Next for Shareholders

Investors tracking Trexquant Investment will watch for future 13F filings to check the fund's positioning. The next earnings release on October 29, 2026, will provide updated financial figures for the miner.