Patria Investments Limited (PAX) Stock Price & Analysis
Patria Investments Limited (PAX) closed at USD 11.9 on Thursday, October 22, 2026, down 0.08% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 11.91; the Oct 22, 2026 session ranged USD 11.76–12.08 on volume of 898,763 shares. Market capitalization is $1.95B, with a 52-week range of USD 9.89–17.8 (NMS). Source: Nexqual, retrieved October 23, 2026 at 09:47 UTC.
Also available as compact Markdown for AI agents: nexqual.com/PAX.md
Key facts (PAX)
- 1 of 80 tracked superinvestors hold PAX (13F, Q2 2026): 0 new, 1 added, 0 reduced, 0 unchanged.
- Insider open-market sales, last ~7 months: 1 Form 4 filings, $166K; 1 not under a Rule 10b5-1 plan ($166K); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Insider open-market purchases, last ~7 months: 5 Form 4 filings, $2.7M; 0 by opportunistic insiders, 0 by routine insiders.
- Analysts: Hold (mean 2.67 on a 1–5 scale) (6 analysts), mean target USD 15 (range 9–20).
- Total return with dividends: 1Y -14.3% vs S&P 500 +14.9%; 5Y -7.1% vs S&P 500 +80.3%.
- Next earnings: 2026-11-03, EPS estimate USD 0.29, revenue estimate $104M.
Superinvestors (SEC 13F-HR, Q2 2026) (PAX)
1 of 80 tracked investors hold PAX. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Dodge & Cox Funds | Dodge & Cox | <0.01% | $1.3M | Added +120.0% |
Insider sales (SEC Form 4, open-market, last ~7 months) (PAX)
0 of 1 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-04-14…2026-08-06 | D'Ippolito Marco Nicola | CEO of Global Private Markets | 14,504 | $166K | 3.2% | No | Too little history (no open-market trades in 2023–2025) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Insider purchases (SEC Form 4, open-market, last ~7 months) (PAX)
5 purchases, $2.7M. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.
| Trade date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-06-03…2026-06-05 | Neto Olimpio Matarazzo | Director | 100,000 | $1.1M | 11.29 | Too little history (no open-market trades in 2023–2025) |
| 2026-06-01…2026-06-02 | Neto Olimpio Matarazzo | Director | 30,000 | $350K | 11.66 | Too little history (no open-market trades in 2023–2025) |
| 2026-05-28…2026-05-29 | Neto Olimpio Matarazzo | Director | 30,000 | $344K | 11.48 | Too little history (no open-market trades in 2023–2025) |
| 2026-05-26…2026-05-27 | Neto Olimpio Matarazzo | Director | 30,000 | $342K | 11.39 | Too little history (no open-market trades in 2023–2025) |
| 2026-05-15…2026-05-21 | Neto Olimpio Matarazzo | Director | 45,000 | $503K | 11.18 | Too little history (no open-market trades in 2023–2025) |
Analysts (PAX)
Consensus Hold (mean 2.67 on a 1–5 scale), 6 analysts; mean target USD 15 (low 9, high 20).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-09-10 | JP Morgan | Target lowered | Neutral | $15 → $13 |
Total return (dividends reinvested) (PAX)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | -14.3% | -7.1% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -14.3% | -1.5% |
| Volatility (annualized) | 31.3% | 29.9% |
| Max drawdown | -40.9% (Jan 2026→Sep 2026) | -40.3% (Jan 2026→Sep 2026) |
PAX suppliers, customers and competitors (named in its 20-F)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Partner | Moneda | “As a result, we issued 11,045,430 Class B common shares to entities controlled by certain Moneda partners.” |
| Partner | Recursos | “On December 8, 2021, we announced the launch of a new Growth Equity strategy, anchored by a proposed partnership with Kamaroopin Gestora de Recursos Ltda. (purchased by PILTDA) and Hanuman GP Cayman, LLC (purchased by Patria Finance Ltd.) (collectively "Kamaroopin").” |
| Partner | Salomon Brothers | “Initially named Patrimônio Participações, we were founded in 1988 as a Brazilian M&A and financial advisory firm in partnership with Salomon Brothers Inc., a well-known U.S. investment bank at the time.” |
| Partner | Hanuman GP Cayman | “On December 8, 2021, we announced the launch of a new Growth Equity strategy, anchored by a proposed partnership with Kamaroopin Gestora de Recursos Ltda. (purchased by PILTDA) and Hanuman GP Cayman, LLC (purchased by Patria Finance Ltd.) (collectively "Kamaroopin").” |
| Partner | Patria Finance | “On December 8, 2021, we announced the launch of a new Growth Equity strategy, anchored by a proposed partnership with Kamaroopin Gestora de Recursos Ltda. (purchased by PILTDA) and Hanuman GP Cayman, LLC (purchased by Patria Finance Ltd.) (collectively "Kamaroopin").” |
| Partner | Patria Asset Management | “We expect to contribute capital to be deployed over multiple years to support Patria Asset Management ("PAM") 's operations as well as to fund general partner commitments.” |
| Partner | Bancolombia | “Fee Rate includes the 100% of VBI and the Bancolombia partnership, which was effective at our 50% in part of 2025 for VBI and is 51% ownership levels for Bancolombia partnership.” |
| Partner | WP Global Partners | “On April 1, 2026, the Group completed the execution of the agreement and entered into a business combination with WP Partners, for a total consideration of US$30.0 million plus earn out conditioned to certain revenues increase thresholds up to US$50 million.” |
Quoted from the company's 20-F filed Apr 30, 2026.
PAX analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $0.29 | $0.30 | -5.1% | $103.7M | 3 |
| Next quarter (ends Dec 2026) | $0.46 | $0.50 | -7.2% | $142.4M | 3 |
| Current fiscal year (ends Dec 2026) | $1.35 | $1.36 | -0.7% | $434.8M | 5 |
| Next fiscal year (ends Dec 2027) | $1.45 | $1.54 | -5.4% | $477.2M | 5 |
Key Statistics (as of October 23, 2026 at 09:47 UTC)
| Price | USD 11.9 |
|---|---|
| Change | ▼ 0.08% (down) |
| Previous Close | USD 11.91 |
| Open | USD 11.82 |
| Day Range | USD 11.76 – 12.08 |
| 52-Week Range | USD 9.89 – 17.8 |
| Volume | 898,763 shares |
| Market Cap | $1.95B |
| Exchange | NMS |
Technical Analysis (PAX)
Nexqual's technical model rates PAX "BUY" based on 5 bullish and 1 bearish signals across 127 daily candles, as of October 23, 2026 at 09:47 UTC.
| Overall Signal | BUY |
|---|---|
| RSI (14) | 62.21 (neutral) |
| vs SMA50 | Above (USD 11.06) |
| MACD | 0.33 (positive) |
Analyst Ratings (PAX)
Wall Street analysts rate PAX "Hold" based on 6 analysts, with a mean price target of USD 15 (range USD 9–20), per Nexqual as of October 23, 2026 at 09:47 UTC.
| Consensus Rating | Hold |
|---|---|
| Analyst Count | 6 |
| Mean Target | USD 15 |
| High Target | USD 20 |
| Low Target | USD 9 |
| Buy / Hold / Sell | 3 / 2 / 1 |
Earnings (PAX)
| Next Earnings Date | 2026-11-03 |
|---|---|
| EPS Estimate | USD 0.29 |
| Revenue Estimate | $103.74M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.32 vs est 0.28 ▲ beat |
| 2026-03-31 | USD 0.27 vs est 0.29 ▼ miss |
| 2025-12-31 | USD 0.5 vs est 0.45 ▲ beat |
| 2025-09-30 | USD 0.3 vs est 0.26 ▲ beat |
Source: Nexqual, October 23, 2026 at 09:47 UTC.
Financials & Fundamentals (PAX)
| Total Revenue | $428.00M |
|---|---|
| Revenue Growth (latest quarter, YoY) | +34.90% |
| Gross Margin | +58.36% |
| Operating Margin | +28.56% |
| Profit Margin | +16.35% |
| ROE | +12.88% |
| Debt / Equity | 0.7 |
| Current Ratio | 1.04 |
| Total Cash | $207.92M |
| Total Debt | $445.22M |
Source: Nexqual, October 23, 2026 at 09:47 UTC.
Financial Health Score (PAX)
Nexqual rates Patria Investments Limited's overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 09:47 UTC.
| Growth | Weak — Revenue -8% YoY (annual), declining |
|---|---|
| Profitability | Strong — Gross margin 58%, operating 29% (last 12 months) |
| Balance Sheet | Solid — $208M cash vs $445M debt |
| Cash Flow | Solid — Operating cash flow $179M (TTM) |
| Efficiency | Mixed — ROE 13%, ROA 5.9% |
Ownership (PAX)
| Insider Ownership | +5.59% |
|---|---|
| Institutional Ownership | +62.22% |
| Shares Outstanding | 71.00M |
| Float | 61.93M |
| Short % of Float | +8.22% |
Source: Nexqual, October 23, 2026 at 09:47 UTC.
Leadership (PAX)
Patria Investments Limited is led by Alexandre Teixeira de Assumpcao Saigh, Co-Founder, CEO, Senior Managing Partner & Board Member, per Nexqual as of October 23, 2026 at 09:47 UTC.
| Co-Founder, CEO, Senior Managing Partner & Board Member | Alexandre Teixeira de Assumpcao Saigh |
|---|---|
| Senior Managing Partner & Chairman | Olímpio Matarazzo Neto |
| Partner & CFO | Raphael Denadai |
| Partner & Global COO | Nikitas Psyllakis |
| Investor Relations Director | Andre Medina |
Major Backers & Investors (PAX)
Notable institutional backers of Patria Investments Limited include Capital Group, FMR, LLC, Endure Capital Management, LLC, according to Nexqual as of October 23, 2026 at 09:47 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Capital Group | 11.71% |
| FMR, LLC | 10.27% |
| Endure Capital Management, LLC | 9.58% |
| Pertento Partners LLP | 8.03% |
| Fidelity | 6.98% |
| SmallCap World Fund Inc | 5.14% |
| Zeno Equity Partners LLP | 2.56% |
| Mizuho Markets Americas LLC | 2.25% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 8.8% |
| State Street | 2.09% |
Source: Nexqual, October 23, 2026 at 09:47 UTC.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| BXSL | Blackstone Secured Lending Fund | USD 23.91 | ▲ 2.31% |
| VCTR | Victory Capital Holdings, Inc. | USD 107.39 | ▼ 0.2% |
| PDI | PIMCO Dynamic Income Fund | USD 14.3 | ▲ 1.2% |
| AMG | Affiliated Managers Group, Inc. | USD 395.53 | ▲ 0.48% |
| SEIC | SEI Investments Company | USD 104.5 | ▼ 3.62% |
| IVZ | Invesco Ltd | USD 28.79 | ▼ 1.57% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:47 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt