Hotchkis & Wiley Capital Management LLC bought a new stake in shares of American Vanguard Co. (NYSE:AVD - Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 443,510 shares of the basic materials company's stock, valued at approximately $2,351,000. Hotchkis & Wiley Capital Management LLC owned 1.54% of American Vanguard at the end of the most recent quarter.
Other large investors also recently added to or reduced their stakes in the company. Gladius Capital Management LP bought a new stake in shares of American Vanguard during the 2nd quarter valued at $32,000. Nisa Investment Advisors LLC lifted its position in American Vanguard by 7,554.5% during the second quarter. Nisa Investment Advisors LLC now owns 4,210 shares of the basic materials company's stock valued at $36,000 after purchasing an additional 4,155 shares in the last quarter. Point72 DIFC Ltd grew its holdings in American Vanguard by 195.7% during the second quarter. Point72 DIFC Ltd now owns 5,080 shares of the basic materials company's stock valued at $44,000 after purchasing an additional 3,362 shares during the period. SG Americas Securities LLC purchased a new stake in American Vanguard in the third quarter worth about $56,000. Finally, Quantbot Technologies LP raised its stake in shares of American Vanguard by 64.5% in the third quarter. Quantbot Technologies LP now owns 11,291 shares of the basic materials company's stock worth $60,000 after buying an additional 4,429 shares during the period. 79.04% of the stock is currently owned by institutional investors.
American Vanguard Price Performance
NYSE:AVD traded down $0.18 on Friday, reaching $5.76. 244,250 shares of the company's stock traded hands, compared to its average volume of 383,328. The firm has a market cap of $165.83 million, a PE ratio of -5.59 and a beta of 0.89. The company has a quick ratio of 0.79, a current ratio of 1.89 and a debt-to-equity ratio of 0.55. The stock has a 50-day simple moving average of $5.61 and a 200-day simple moving average of $6.91. American Vanguard Co. has a 12 month low of $4.95 and a 12 month high of $14.28.
Analysts Set New Price Targets
Separately, StockNews.com raised shares of American Vanguard from a "sell" rating to a "hold" rating in a report on Wednesday, September 25th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $16.67.
View Our Latest Report on American Vanguard
Insider Activity at American Vanguard
In related news, Director Steven D. Macicek bought 12,000 shares of the business's stock in a transaction that occurred on Friday, November 15th. The stock was bought at an average cost of $5.97 per share, with a total value of $71,640.00. Following the completion of the purchase, the director now owns 31,218 shares of the company's stock, valued at approximately $186,371.46. The trade was a 62.44 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. 10.10% of the stock is owned by corporate insiders.
About American Vanguard
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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.
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