UGPUltrapar Participações S.A.Energy · Oil & Gas Refining & Marketingas of 2026-09-16
Horizon

Issued 2026-09-16 at $7.56 · now $7.56 (2026-09-16, +0.0% since)

Based on its own history, a month from the 2026-09-16 close, UGP has typically landed between $6.35 and $9.20 — a range of −16.0% to +21.7% from the issuance price $7.56.

Range of outcomes in historically similar periods — not a price prediction. Ranges are scored publicly on /methodology.
  • Actual close
  • Typical path (median)
  • Middle 50% of outcomes
  • 90% range

5,003 overlapping 1 month windows · 2006-09-262026-08-17 · basis climatology · forecast (batch). Probability up 53.9% (90% CI 51.756.1%, ≈1,408 obs).

The cone is anchored at the 2026-09-16 issuance close ($7.56) — the price the forecast resolves against on 2026-10-15, not the latest close. The drawn path shape is illustrative (bands widen with √t); every labeled number is real — the anchor, the scored batch p90/IQR endpoints, and the typical move.

Where UGP has typically landed a month from the 2026-09-16 close of $7.56 — the range is history, not a prediction.

$6.35worst · -16.0%$9.2best · +21.7%
  • now $7.56 (+0.0%)
  • typicalThe typical outcome — half of similar past periods did better and half did worse (not an average, so a few wild periods don't skew it). $7.72 (+2.2%)
  • middle 50%The central range of outcomes — half of similar past periods landed inside it, a quarter finished above, a quarter below. $7.14$8.31
  • 90% rangeA nine-in-ten range — in about nine of every ten similar past periods the outcome stayed within these bounds. $6.35$9.2
Actual 1-month windows behind the coneiEvery overlapping 1-month window in this security's own price history was ranked by realized return; shown are the 3 worst and 3 best of 5,003 windows spanning 2006-09-26 to 2026-09-16. Not cherry-picked — these are the extremes of the full sample. Max drop / max rise are the deepest and highest points reached within each window. See /methodology.
StartReturnMax dropMax rise
3 worst
2020-02-18−58.6%−58.6%+0.0%
2020-02-21−57.8%−57.8%+0.0%
2020-02-19−56.2%−58.6%+0.0%
3 best
2020-05-07+73.2%−0.5%+73.2%
2020-05-08+58.7%−8.3%+59.7%
2020-05-11+57.1%−3.6%+67.9%

5,003 overlapping windows · 2006-09-262026-09-16 · not cherry-picked

Seasonality · by month iHow this security has tended to do in each calendar month historically — a frequency, never a prediction.

iFor each calendar month, the share of years this security closed higher than the month before, and the average month-over-month return, over ~20 years of its own price history. Cells are shaded by average return. This is historical frequency, not a prediction — no month is a signal.
Jan
65%
+4.0%
n=20
Feb
65%
+0.4%
n=20
Mar
60%
+2.5%
n=20
Apr
70%
+1.9%
n=20
May
30%
−1.3%
n=20
Jun
55%
+1.1%
n=20
Jul
55%
+1.8%
n=20
Aug
45%
−0.6%
n=20
Sep
50%
−1.0%
n=20
Oct
70%
+2.1%
n=20
Nov
55%
+3.0%
n=20
Dec
55%
+2.0%
n=20

Up-frequency and average month-over-month return · historical frequency, not a prediction

Reported insider & political trades

Every Form 4 the people closest to this company have filed with the SEC — plotted against the share price, aggregated by month, and shown with the gap between when each trade happened and when it was disclosed. A public record, not advice.

Share price & reported tradesMonthly open-market valueReporting lag — trade date to filing date2026-092026-082026-072026-062026-052026-042026-032026-022026-012025-122025-112025-102025-092025-08$8$32026-09-10: 2 insider sales, $682K — Linden Leonardo Remiao, Rabelo Pedro Guedes2026-09-01: 1 insider sale, $55K — Amaral Decio de Sampaio2026-08-18: 1 insider sale, $4K — Hachem Andre Saleme2026-08: 1 open-market sale, $4K2026-09: 3 open-market sales, $737K↑ buys↓ salesofficer Linden Leonardo Remiao — Sale on 2026-09-10, filed 4 days after the tradeofficer Rabelo Pedro Guedes — Sale on 2026-09-10, filed 4 days after the tradeofficer Amaral Decio de Sampaio — Sale on 2026-09-01, filed 2 days after the tradeofficer Hachem Andre Saleme — Sale on 2026-08-18, filed 10 days after the trade
DatePersonRoleActionShares @ priceValueOwnership Δvs S&P 1mvs S&P 6mOwned afterFiling
2026-09-10Linden Leonardo RemiaoofficerSale60,000 @ $7.57$454K−18.9% of holdingnot yet — horizon still opennot yet — horizon still open257,135Form 4 · filed 4 days after the trade
2026-09-10Rabelo Pedro GuedesofficerSale30,000 @ $7.58$227K−34.1% of holdingnot yet — horizon still opennot yet — horizon still open57,898Form 4 · filed 4 days after the trade
2026-09-01Amaral Decio de SampaioofficerSale8,000 @ $6.93$55K−5.0% of holdingnot yet — horizon still opennot yet — horizon still open151,432Form 4 · filed 2 days after the trade
2026-08-18Hachem Andre SalemeofficerSale585 @ $6.51$4K−0.9% of holdingnot yet — horizon still opennot yet — horizon still open64,875Form 4 · filed 10 days after the trade

The vs-S&P columns are a labeled look-back on what the stock did after each filing, measured against the index over the same window. Descriptive history, not a claim about the person or a reason to trade.

33 award / exercise / gift records — not counted as purchases

Awards, option exercises, gifts and tax-withholding disposals are shown separately and never counted as open-market purchases or sales — they carry no conviction information.

DatePersonRoleActionSharesOwned afterFiling
2026-06-22Linden Leonardo RemiaoofficerAward / grant43,9131,374,081Form 4
2026-05-28Amaral Decio de SampaioofficerDisposition47,294159,432Form 4
2026-04-24Zaia Andre GustavoofficerAward / grant8,25328,822Form 4
2026-04-24de Souza Fernanda TevesofficerAward / grant8,760146,484Form 4
2026-04-24Nogueira Julio CesarofficerAward / grant10,267140,247Form 4
2026-04-24de Oliveira Manuella Carvalho CamposofficerAward / grant9,082124,378Form 4
2026-04-24Mascarenhas Marina Guimaraes MoreiraofficerAward / grant10,069286,590Form 4
2026-04-24Pizzinatto Rodrigo de AlmeidaofficerAward / grant68,4451,885,179Form 4
2026-04-24Costa Tabajara BertelliofficerAward / grant37,9081,452,513Form 4
2026-04-24Tomelin Fulvius Alexandre PereiraofficerAward / grant23,16661,910Form 4
2026-04-24Palhares Alexandre MendesofficerAward / grant25,798259,234Form 4
2026-04-24Rabelo Pedro GuedesofficerAward / grant9,674158,942Form 4
2026-04-20Zaia Andre GustavoofficerAward / grant9,1119,111Form 4
2026-04-20Nogueira Julio CesarofficerAward / grant43,153326,486Form 4
2026-04-20Nogueira Julio CesarofficerDisposition43,153129,980Form 4
2026-04-20Linden Leonardo RemiaoofficerAward / grant149,326317,135Form 4
2026-04-20Linden Leonardo RemiaoofficerDisposition149,3261,330,168Form 4
2026-04-20Zaia Andre GustavoofficerDisposition9,11120,569Form 4
2026-04-20Lutz Marcos MdirectorDisposition634,3468,039,403Form 4
2026-04-20Rabelo Pedro GuedesofficerDisposition40,865149,268Form 4
2026-04-20Rabelo Pedro GuedesofficerAward / grant40,86587,898Form 4
2026-04-20Lutz Marcos MdirectorAward / grant634,346636,468Form 4
2026-04-20Costa Tabajara BertelliofficerAward / grant90,386482,849Form 4
2026-04-20Costa Tabajara BertelliofficerDisposition90,3861,414,605Form 4
2026-04-20Amaral Decio de SampaioofficerAward / grant78,824206,726Form 4
2026-04-20Amaral Decio de SampaioofficerDisposition78,8241,079,898Form 4
2026-04-20Pizzinatto Rodrigo de AlmeidaofficerAward / grant134,638658,714Form 4
2026-04-20Pizzinatto Rodrigo de AlmeidaofficerDisposition134,6381,816,734Form 4
2026-04-20de Souza Fernanda TevesofficerAward / grant28,76957,214Form 4
2026-04-20de Souza Fernanda TevesofficerDisposition28,769137,724Form 4
2026-04-20Hachem Andre SalemeofficerAward / grant40,27565,460Form 4
2026-04-20Hachem Andre SalemeofficerDisposition40,27597,254Form 4
2026-03-27Lutz Marcos MdirectorAward / grant1,064,6399,738,388Form 4

Source: SEC Form 4 filings. Each row links to its original filing.

Across 2012–2021, stocks where a CEO, C-suite officer, or director had recently made an open-market common-stock purchase ran about +28 bp per month above the universe average (n=34,268 stock-weeks). A historical tendency, not a prediction.

Congressional disclosures

No congressional trades disclosed for this company.

Research tool, not investment advice — historical frequencies, not recommendations. A product of Marovel Technologies LLC. Full terms.