Ultrapar Participacoes Market Sentiment

Market sentiment signals for Ultrapar Participacoes (UGP): analyst consensus, short interest, options flow and insider activity.

Key Signals

Analyst Consensus— Hold

Short Interest▼ 0.5% short float

Options Flow▲ 0.07 P/C ratio

Insider Activity▼ Net Seller (30d)

Analyst Consensus

Hold

8 analysts

Options Flow (P/C)

0.07

More calls — Bullish

27 calls · 2 puts

Avg Consensus PT

-12.2%

Highest Price Target

+6.0%

UBS

Lowest Price Target

-24.8%

Jefferies

Short Interest

0.5%

Rising — Bearish

Insider Activity (30d)

Net Seller

Short Interest — % of Float

Date	Firm	Analyst & Accuracy	Upside / Downside	PT Change	Action	Rating
Sep 4, 2026	UBS	——	+6.0%	$7 → $8	Maintained	Buy
Aug 26, 2026	Goldman Sachs	Bruno Amorim—	-22.1%	$7 → $6	Maintained	Neutral
Jul 8, 2026	B of A Securities	Leonardo Marcondes—	-0.7%	$7 → $7	Upgrade	Neutral→Buy
Jun 30, 2026	B of A Securities	Leonardo Marcondes—	-8.7%	$6 → $7	Maintained	Neutral
Jun 17, 2026	UBS	——	-3.4%	$7 → $7	Maintained	Buy
Apr 28, 2026	UBS	——	-6.0%	$7	Initiate	Buy
Apr 8, 2026	HSBC	Lilyanna Yang—	-19.5%	$5 → $6	Downgrade	Buy→Hold
Mar 13, 2026	Jefferies	Alejandro Demichelis—	-24.8%	$3 → $6	Upgrade	Underperform→Hold
Sep 26, 2025	Goldman Sachs	Bruno Amorim—	-39.6%	$4 → $5	Maintained	Buy
Jul 28, 2025	Scotiabank	——	—	—	Upgrade	Sector Perform→Sector Outperform
Jan 16, 2025	Goldman Sachs	Bruno Amorim—	-45.0%	$5 → $4	Maintained	Neutral
Jan 7, 2025	JP Morgan	Rodolfo Angele—	—	—	Upgrade	Neutral→Overweight
Jul 23, 2024	Goldman Sachs	Bruno Amorim—	-30.2%	$6 → $5	Maintained	Neutral
Jun 14, 2024	Citigroup	Gabriel Barra—	—	—	Upgrade	Neutral→Buy
Mar 20, 2024	Goldman Sachs	Bruno Amorim—	-19.5%	$5 → $6	Maintained	Neutral
Dec 13, 2023	Goldman Sachs	Bruno Amorim—	-28.9%	$5 → $5	Maintained	Neutral
Nov 13, 2023	Goldman Sachs	Bruno Amorim—	-38.3%	$4 → $5	Maintained	Neutral
Sep 21, 2023	Jefferies	Alejandro Demichelis—	-55.7%	$3	Initiate	Underperform
Sep 13, 2023	Goldman Sachs	Bruno Amorim—	-46.3%	$5 → $4	Downgrade	Buy→Neutral

Benzinga Insights