Inteligência Financeira by Raphael Coraccini - 11/27/2024
By Writing Team
Posted in November 27, 2024
After all, what explains the surge in Ambipar (AMBP3) shares? Photo: Disclosure.
Pedro Petersen also mentioned that the buyback of AMBP3 employee shares reflects confidence in the thesis.
Some of the banks covering Ambipar (AMBP3) stocks have put their analyses under review. However, for the company’s investor relations director, Pedro Petersen, there is no market stress.
“There are many changes happening within the company and regarding the financial projections analysts might have. Thus, their understanding of our business evolves as well,” the executive explained.
For Petersen, the market is revising its evaluations as it now has more refined information. “When there is a deviation from analysts’ previous understanding, it is natural for an evolution to occur, prompting a review of estimates,” he added.
Ambipar (AMBP3): Increase in the CEO’s stake
The reviews come after a nearly 1,000% rise in AMBP3 shares on the stock exchange, with a significant portion of this gain occurring after the CEO and founder, Tercio Borlenghi Jr., increased his stake from over 60% to more than 70% of the company.
Petersen stated he is focused on operations and delivering results, opting not to comment on the stock surge.
He simply remarked that “the market is an independent entity that makes its own decisions.”
Regarding the share buyback initiated by the CEO, Petersen noted that “everyone makes their own decisions” and highlighted that Borlenghi has historically adjusted his stake in the company, which he founded nearly 30 years ago.
“Our controlling shareholder and CEO has invested in the company multiple times over the years because he strongly believes in the thesis,” the director commented.
The journalist traveled at Ambipar’s invitation to São José dos Campos.
