1 day Ago By ABMN Staff
American Vanguard Co. ( NYSE:AVD – Get Free Report ) saw a significant decrease in short interest in August. As of August 31st, there was short interest totalling 843,200 shares, a decrease of 12.
3% from the August 15th total of 962,000 shares. Based on an average daily trading volume, of 305,500 shares, the short-interest ratio is currently 2.8 days.
Approximately 3.1% of the company’s shares are sold short. American Vanguard Stock Performance Shares of NYSE AVD traded down $0.
15 during midday trading on Wednesday, hitting $5.86. 205,216 shares of the company’s stock traded hands, compared to its average volume of 251,317.
The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.08 and a current ratio of 2.
22. The stock has a market capitalization of $163.99 million, a price-to-earnings ratio of 22.
73 and a beta of 0.88. The firm has a fifty day moving average of $7.
19 and a 200 day moving average of $9.27. American Vanguard has a 1 year low of $4.
95 and a 1 year high of $14.28. American Vanguard ( NYSE:AVD – Get Free Report ) last released its earnings results on Thursday, August 8th.
The basic materials company reported ($0.09) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.
08). American Vanguard had a negative net margin of 0.60% and a positive return on equity of 1.
85%. The company had revenue of $128.21 million for the quarter, compared to analysts’ expectations of $134.
20 million. On average, analysts forecast that American Vanguard will post 0.02 earnings per share for the current year.
Wall Street Analyst Weigh In View Our Latest Analysis on AVD Insider Buying and Selling In other American Vanguard news, Director Keith M. Rosenbloom acquired 25,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 3rd. The shares were acquired at an average price of $5.
94 per share, with a total value of $148,500.00. Following the completion of the purchase, the director now directly owns 1,193,682 shares of the company’s stock, valued at approximately $7,090,471.
08. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website . In related news, Director Keith M.
Rosenbloom purchased 25,000 shares of the stock in a transaction dated Tuesday, September 3rd. The stock was purchased at an average price of $5.94 per share, with a total value of $148,500.
00. Following the transaction, the director now directly owns 1,193,682 shares in the company, valued at $7,090,471.08.
The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link . Also, Director Keith M. Rosenbloom acquired 104,492 shares of American Vanguard stock in a transaction on Friday, August 30th.
The shares were purchased at an average price of $5.74 per share, with a total value of $599,784.08.
Following the completion of the purchase, the director now owns 1,168,682 shares in the company, valued at approximately $6,708,234.68. The disclosure for this purchase can be found here .
Insiders purchased a total of 163,047 shares of company stock valued at $938,205 over the last three months. Corporate insiders own 10.10% of the company’s stock.
Hedge Funds Weigh In On American Vanguard A number of hedge funds have recently modified their holdings of AVD. Invenomic Capital Management LP boosted its position in shares of American Vanguard by 256.9% during the fourth quarter.
Invenomic Capital Management LP now owns 876,708 shares of the basic materials company’s stock worth $9,617,000 after acquiring an additional 631,070 shares during the last quarter. First Eagle Investment Management LLC grew its position in shares of American Vanguard by 788.8% during the first quarter.
First Eagle Investment Management LLC now owns 310,598 shares of the basic materials company’s stock valued at $4,022,000 after purchasing an additional 275,653 shares in the last quarter. Quest Partners LLC bought a new stake in shares of American Vanguard in the fourth quarter worth about $197,000. Assenagon Asset Management S.
A. bought a new position in American Vanguard during the second quarter valued at approximately $1,677,000. Finally, Acadian Asset Management LLC grew its holdings in American Vanguard by 3.
6% during the 1st quarter. Acadian Asset Management LLC now owns 354,662 shares of the basic materials company’s stock valued at $4,591,000 after buying an additional 12,254 shares in the last quarter. 79.
04% of the stock is currently owned by institutional investors. American Vanguard Company Profile ( Get Free Report ) American Vanguard Corporation, through its subsidiaries, develops, manufactures, and markets specialty chemicals for agricultural, commercial, and consumer uses in the United States and internationally. It manufactures and formulates chemicals, including insecticides, fungicides, herbicides, soil health, plant nutrition, molluscicides, growth regulators, soil fumigants, and biorationals in liquid, powder, and granular forms for crops, turf and ornamental plants, and human and animal health protection.
Featured Stories Receive News & Ratings for American Vanguard Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Vanguard and related companies with MarketBeat.com's FREE daily email newsletter ..
