Director Elsztain sells 30,428 shares for $64.8M at $2,129.06 avg; stock now $14.43 (−21.6% from 52-week high)
ELSZTAIN EDUARDO S, a Director of IRSA INVESTMENTS & REPRESENTATIONS INC (IRS), executed 2 separate sales totaling 30,428 shares for $64,783,080.84 at a blended average price of $2,129.06 per share on 2026-03-18 and 2026-03-19. Post-transaction, his holdings remain substantial at 4,457,258 shares, representing a net reduction of only 0.7% versus pre-transaction holdings of 4,487,686 shares. The current stock price of $14.43 stands 21.6% below the 52-week high of $18.41 and has declined 7.2% over the past 90 days, creating a notable disconnect with the transaction prices executed just weeks ago. The timing and magnitude of this sale—$64.8M liquidated at prices far above current levels—warrant examination of whether exogenous market conditions or corporate developments drove the decision.