Cresud (CRESY) Director Gustavo Buys $93K of Stock

On October 15, 2026, Alejandro Gustavo Elsztain, a Director at Cresud Inc (CRESY) on the NasdaqGS, bought 8,295 shares at a price of $11.18 each. This purchase is valued at approximately $92,738. The trade was not planned under a Rule 10b5-1 plan.

Inside Elsztain's Trade

Elsztain's recent buy adds to his previous purchases, bringing his total to 17,833 shares acquired earlier this year. This reflects his ongoing confidence in Cresud's performance, especially as the agricultural company operates across Brazil and other Latin American countries.

Other Institutional Activity in Cresud

Several other institutions have been active with Cresud shares. Kopernik Global Investors, LLC increased its stake by 351,932 shares, now holding 4,767,644 shares valued at about $54.9 million. Mirae Asset Global ETFs Holdings Ltd. also grew its position, adding 247,504 shares for a total of 1,180,775 shares worth approximately $13.6 million. Meanwhile, Nomura Asset Management International Inc. reduced its holding by 17,114 shares, ending with 2,069,901 shares valued at $23.8 million.

Cresud Inc Stock Up 1.0%

Cresud's shares recently traded around $11.50, which is below its 50-day moving average of $11.60 and its 200-day average of $11.67. The stock is also 19.1% below its 52-week high of $14.21 but 32.3% above its 52-week low of $8.69. With a market cap of about $817 million and a P/E ratio of 5.97, the stock's current position reflects its valuation in the agricultural sector.

Recent Earnings

Cresud reported trailing twelve-month revenue of approximately $1.38 trillion and an EPS of $1.93. The company has a net margin of 12.9% and a return on equity of 12.2%. Its next earnings report is scheduled for November 10, 2026.

Insider Buying and Selling at Cresud Inc

Earlier this year, Elsztain made several notable purchases, including 17,833 shares on April 23 and 18,200 shares on June 5, showcasing his commitment to the company. Another Director, Saul Zang, also bought 17,000 shares on May 20 at a price of $10.63, totaling around $180,783.

About Cresud

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria is an agricultural company based in Buenos Aires, Argentina. It focuses on producing agricultural commodities in Brazil and other Latin American countries. This recent insider buy may indicate confidence in its future growth potential.

Bottom Line

Investors will want to keep an eye on Cresud as it approaches its next earnings date on November 10, 2026. With recent insider activity and institutional interest, further developments could impact the stock's performance.