Navios Maritime Partners (NMM) CEO Frangou Buys $82K of Stock
NMM's CEO, Angeliki Frangou, buys 1,119 shares, reflecting confidence in the company.
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Angeliki Frangou, Chief Executive Officer & Chairwoman of the Board at Navios Maritime Partners L.P. ($NMM), bought 1,119 shares at an average price of $73.63, worth about $82,391.97, on June 16, 2026. The trade was reported to the SEC in a Form 4 filing and was made under a pre-arranged Rule 10b5-1 trading plan.
Since the trade, $NMM is down 2.0% after 1 week, up 0.6% after 1 month and up 19.1% to date (from the $73.94 close on Jun 16, 2026).
NMM
Navios Maritime Partners L.P.
Key Points
- Angeliki Frangou, CEO of NMM, purchased 1,119 shares at $73.63 each on June 16, 2026, totaling $82,391.97.
- Shares of NMM traded at $74.00, with recent insider buying activity suggesting positive sentiment.
- Jefferies initiated coverage of NMM with a 'buy' rating and a $85 price target on April 24, 2026.
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Angeliki Frangou, the Chief Executive Officer and Chairwoman of the Board at NMM, recently purchased 1,119 shares of the company. This transaction, executed on June 16, 2026, was made at an average price of $73.63 per share, amounting to a total of $82,391.97. This planned purchase reflects Frangou's ongoing confidence in NMM.
Other Institutional Activity in NMM
In recent institutional activity, Morgan Stanley increased its holdings in NMM by 185,551 shares, bringing its total to 1,175,438 shares valued at approximately $79,318,618. Bank of America Corp also boosted its position by 72,754 shares, now holding 199,141 shares worth about $13,438,025. On the other hand, Pilgrim Global Advisors LLC trimmed its stake by 21,459 shares, leaving it with 4,639,379 shares valued at approximately $313,065,295.
Insider Buying and Selling at Navios Maritime Partners L.P.
Alongside her recent purchase, Angeliki Frangou has been actively buying shares throughout June 2026. On June 15, she acquired 1,106 shares at $74.73 each, and on June 12, she bought 1,135 shares at $74.19. Earlier in the month, she purchased 1,155 shares on June 11 at $73.34, 1,154 shares on June 10 at $72.18, and 1,175 shares on June 9 at $72.09. All these transactions were planned purchases.
Analysts Set New Price Targets
On April 24, 2026, Jefferies initiated coverage on NMM with a 'buy' rating and set a price target of $85. Meanwhile, Citi maintained a 'hold' rating with a price target of $25 as of August 25, 2023. The consensus among analysts is mixed, with varied opinions on the stock's potential.
Bottom Line
Angeliki Frangou's recent share purchases indicate her continued confidence in NMM's prospects. The insider buying, along with institutional adjustments and analyst coverage, provides a comprehensive view of the market's current sentiment towards the company. As always, remember that insider transactions and institutional filings are backward-looking and may not reflect current positions.
Related Filing Alerts
Source: Angeliki Frangou's Form 4 filing on $NMM (Jun 16, 2026). Find the original filing: NMM Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts