Director Elsztain buys 18,200 shares at $10.95; stock -23.2% from 52-week high, 3 consecutive buys at CRESY in 2 weeks
Alejandro Gustavo Elsztain, a Director, purchased 18,200 shares of CRESUD INC (CRESY) at $10.95 on 2026-06-05 for $199,290.00, increasing his holdings to 1,225,764 shares. This buy occurs in a context of depressed stock price—currently $10.92, which is -23.2% from the 52-week high of $14.21, and down 5.4% over the past 30 days. Notably, this is the third open-market buy by Elsztain at CRESY within a brief window: prior purchases on 2026-04-23, 2026-04-22 (two separate trades on the same day). His prior CRESY buys showed 90-day returns of +1.1%, +0.6%, and +1.1%—all positive outcomes. The repetition of purchases over concentrated dates, combined with all three prior trades reaching positive 90-day returns, suggests a pattern of acquisitive behavior during what may be opportune pricing windows, though the current 30-day decline and depth of the year-to-date drawdown merit investor attention to underlying fundamentals and forward guidance.