American Vanguard Corporation (NYSE:AVD – Get Free Report) Director Keith Rosenbloom sold 556,580 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $2.20, for a total transaction of $1,224,476.00. Following the sale, the director owned 15,201 shares of the company’s stock, valued at $33,442.20. This represents a 97.34% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.
American Vanguard Stock Performance
NYSE AVD opened at $2.23 on Friday. The company has a market capitalization of $65.78 million, a PE ratio of -1.17 and a beta of 1.43. The company has a debt-to-equity ratio of 1.46, a current ratio of 2.47 and a quick ratio of 1.40. American Vanguard Corporation has a 1 year low of $2.03 and a 1 year high of $5.92. The company has a fifty day moving average of $2.58 and a two-hundred day moving average of $3.12.
American Vanguard (NYSE:AVD – Get Free Report) last released its quarterly earnings results on Monday, August 10th. The basic materials company reported ($0.34) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.43). The firm had revenue of $116.75 million for the quarter, compared to analysts’ expectations of $135.00 million. American Vanguard had a negative return on equity of 9.05% and a negative net margin of 10.70%.
Wall Street Analyst Weigh In
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Institutional Inflows and Outflows
Large investors have recently made changes to their positions in the company. Strs Ohio acquired a new position in American Vanguard during the first quarter valued at approximately $28,000. nVerses Capital LLC acquired a new stake in American Vanguard during the fourth quarter valued at approximately $42,000. R Squared Ltd bought a new position in shares of American Vanguard in the 1st quarter worth about $28,000. Virtu Financial LLC bought a new position in shares of American Vanguard during the fourth quarter valued at approximately $52,000. Finally, Jain Global LLC bought a new position in American Vanguard during the 4th quarter worth $53,000. 79.00% of the stock is owned by hedge funds and other institutional investors.
American Vanguard Company Profile
American Vanguard Corporation (NYSE: AVD) is a developer, manufacturer and marketer of specialty chemical products for crop protection, turf and ornamental care, and public health pest control. Headquartered in Newport Beach, California, the company offers a portfolio of insecticides, herbicides, fungicides and rodenticides designed for use across agricultural, turf and urban pest management applications. Its research and development efforts focus on novel chemistries and formulation technologies that address emerging pest resistance and regulatory requirements.
The company’s product lines include emulsifiable concentrates, wettable powders, granular formulations, baits and liquid concentrates sold under proprietary brand names.
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