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Insider Cluster (2 insiders) ·Filed Apr 9, 2026

PAM

Pampa Energy Inc.
BEARISH
Impact 5/10
Horizondays Processed6mo ago
Insider cluster: 2 insiders, $6.1M total
Actionable Insight ▼ Bearish

Monitor for additional insider selling, especially from other C-suite or board members. Given the size and concentration of sales by a major shareholder and director, this could signal reduced confidence ahead of earnings or macro challenges in the electric services sector.

DirectionBearish
Confidencehigh
Horizondays
Final — all horizons settled through T+60d
PAM ▼ -4.91% at T+60d
SHORT call ✓ call won +4.91% · α vs SPY +15.69% · entry $86.60 → $82.35
Entry = T+0 close
Apr 8, 2026
via day close
T+1d
+0.79%
call -0.79% · α -0.85%
$87.28
settled 7mo ago
T+5d
-4.68%
call +4.68% · α +7.86%
$82.55
settled 7mo ago
T+20d
-3.70%
call +3.70% · α +11.26%
$83.40
settled 6mo ago
T+60d
-4.91%
call +4.91% · α +15.69%
$82.35
settled 4mo ago

Price Chart

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Executive Summary

Two insiders at Pampa Energy Inc. sold a combined $6.13M in shares over the past week, including Director and 10% owner Mindlin Marcos Marcelo who sold 1.68 million shares for $5.93M. The transactions were open-market sales, with the total cluster representing approximately 0.14% of the company's $4.5B market cap.

Key Financial Metrics

Direction
selling
Total Value
$6.1M
Insiders
2

Key Facts

  • Director and 10% owner Mindlin Marcos Marcelo sold 1,680,000 shares at $3.54 for $5.93M in open-market transactions.
  • Vice President Mindlin Damian Miguel sold 57,500 shares at $3.47 for $200K.
  • Total insider sales in the past 7 days: $6.13M.
  • Sales represent approximately 0.14% of Pampa Energy's $4.5B market capitalization.

Financial Impact

$6.13M in insider sales over 7 days

insider ownershipmarket sentimentshare supply

Risk Factors

  • Potential perception of insider pessimism, particularly given the 10% owner's participation.
  • Increased near-term share price pressure if selling continues.

Market Snapshot

Exchange
OTC
Sector
Electric Services

Investment Themes

Traditional Energy

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-PAM-1776457588412
13 reports for PAM
Performance horizon
60% Hit rate @ T+5 6 of 10 directional calls Went positive at some point 8 of 10 best @ T+5▲ +5.42%Aug 25, 2026
Filters
Rows
Reports for PAM — sortable, filterable
TypeNow
Oct 16, 2026
10d ago
Insider Buy
BULLISH ★ 5/10
$81.10 $79.50▼ −1.97%▼ −1.54%$76.25 (−5.98%)
Oct 2, 2026
24d ago
Insider Cluster
BULLISH ★ 7/10
$79.99 $81.53▲ +1.93%▲ +1.50%$76.25 (−4.68%)
Sep 2, 2026
7w ago
Insider Buy
BULLISH ★ 5/10
$86.42 $88.45▲ +2.35%▲ +3.31%$76.25 (−11.77%)
Aug 31, 2026
8w ago
Insider Buy
NEUTRAL ★ 3/10
$84.08 $85.91▲ +2.18%▲ +2.10%$76.25 (−9.31%)
Aug 25, 2026
8w ago
Insider Buy
BULLISH ★ 5/10
$79.76 $84.08▲ +5.42%▲ +5.96%$76.25 (−4.40%)
Aug 20, 2026
9w ago
Insider Buy
BULLISH ★ 5/10
$79.52 $80.45▲ +1.17%▲ +0.70%$76.25 (−4.11%)
Aug 11, 2026
11w ago
6-K
NEUTRAL ★ 5/10
$79.81 $79.00▼ −1.01%▼ −0.61%$76.25 (−4.46%)
Aug 4, 2026
11w ago
6-K
BULLISH ★ 6/10
$83.83 $79.41▼ −5.27%▼ −5.62%$76.25 (−9.04%)
Jul 21, 2026
14w ago
6-K
BULLISH ★ 7/10
$87.35 $85.71▼ −1.88%▼ −0.65%$76.25 (−12.71%)
Jul 17, 2026
14w ago
6-K
BULLISH ★ 7/10
$84.05 $86.26▲ +2.63%▲ +3.06%$76.25 (−9.28%)
Showing 10 of 13

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Report published Apr 17, 2026