Navios Maritime Partners CEO Buys Additional Shares

Angeliki Frangou, CEO of Navios Maritime Partners, acquired more shares in a planned purchase.

Editorial illustration for Navios Maritime Partners L.P. (NMM)

Key Points

  • Angeliki Frangou, CEO of Navios Maritime Partners, bought 1,187 shares valued at $84,739.93 on June 22, 2026.
  • Shares of NYSE:NMM traded near $71.84 on Tuesday, with a market cap of about $2.04 billion and a P/E ratio of 6.06.
  • Morgan Stanley increased its stake in Navios by 18.7%, while Bank of America boosted its holdings by 57.6%.

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Angeliki Frangou, the Chief Executive Officer and Chairwoman of Navios Maritime Partners L.P. (NYSE:NMM), added to her stake in the company. On June 22, 2026, she purchased 1,187 shares at an average price of $71.39, totaling approximately $84,739.93. This transaction was part of a planned purchase under Rule 10b5-1.

Insider Buying and Selling at Navios Maritime Partners L.P.

Angeliki Frangou has been steadily increasing her holdings in Navios Maritime Partners. In the days leading up to June 22, she made several purchases, including 1,151 shares on June 18 at $71.10 and 1,126 shares on June 17 at $73.35. These transactions were also planned under Rule 10b5-1.

Other Institutional Activity in Navios Maritime Partners

Morgan Stanley significantly increased its position in Navios Maritime Partners, adding 185,551 shares to bring its total to 1,175,438 shares, valued at around $79.3 million. Bank of America Corp /DE/ also expanded its holdings, acquiring 72,754 additional shares, resulting in a 57.6% increase to 199,141 shares worth about $13.4 million. Meanwhile, Pilgrim Global Advisors LLC slightly reduced its stake by 21,459 shares, holding a total of 4,639,379 shares valued at approximately $313 million.

Navios Maritime Partners L.P. Stock Down 17.6%

Shares of Navios Maritime Partners traded near $71.84 on Tuesday. The company, which operates in the marine shipping industry, has a market capitalization of approximately $2.04 billion. It boasts a P/E ratio of 6.06 and a forward P/E of 4.20. The stock has seen a 52-week low of $36.62 and a high of $80.69. It maintains a 50-day moving average of $71.83 and a 200-day moving average of $59.37.

Year to date

$NMM stock price

Daily closing prices, year to date. Not investment advice.

Analysts Set New Price Targets

On April 24, 2026, Jefferies initiated coverage of Navios Maritime Partners with a "buy" rating and set a price target of $85. The stock has a consensus rating of "strong buy" with a target mean price of $92, based on four analyst opinions.

About Navios Maritime Partners

Navios Maritime Partners L.P. is a Piraeus, Greece-based company that owns and operates a diverse fleet of dry cargo and tanker vessels. The company provides seaborne transportation for various commodities, including crude oil, iron ore, and grain, across Asia, Europe, North America, and Australia. Founded in 2007, Navios charters its fleet under different time frames to suit market demands.

Bottom Line

Angeliki Frangou's recent share purchases indicate her continued confidence in Navios Maritime Partners. Investors often watch insider transactions like these for potential signals about a company's prospects. However, it's important to remember that such filings are backward-looking and may not reflect the current insider sentiment or position.

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