JPMorgan Chase & Co. Grows Position in American Vanguard Co. (NYSE:AVD)

JPMorgan Chase & Co. increased its stake in American Vanguard Co. (NYSE:AVD - Free Report) by 20.2% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 298,898 shares of the basic materials company's stock after purchasing an additional 50,230 shares during the quarter. JPMorgan Chase & Co. owned 1.04% of American Vanguard worth $1,584,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in AVD. Empowered Funds LLC grew its holdings in American Vanguard by 5.2% in the third quarter. Empowered Funds LLC now owns 64,915 shares of the basic materials company's stock valued at $344,000 after purchasing an additional 3,216 shares during the last quarter. Point72 DIFC Ltd grew its stake in American Vanguard by 195.7% in the 2nd quarter. Point72 DIFC Ltd now owns 5,080 shares of the basic materials company's stock valued at $44,000 after acquiring an additional 3,362 shares during the last quarter. Quantbot Technologies LP increased its holdings in American Vanguard by 64.5% during the 3rd quarter. Quantbot Technologies LP now owns 11,291 shares of the basic materials company's stock valued at $60,000 after acquiring an additional 4,429 shares in the last quarter. American Century Companies Inc. increased its holdings in American Vanguard by 12.9% during the 2nd quarter. American Century Companies Inc. now owns 45,206 shares of the basic materials company's stock valued at $389,000 after acquiring an additional 5,170 shares in the last quarter. Finally, SG Americas Securities LLC acquired a new position in American Vanguard during the third quarter worth about $56,000. Institutional investors and hedge funds own 79.04% of the company's stock.

Insider Activity at American Vanguard

In other 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 purchased at an average price of $5.97 per share, with a total value of $71,640.00. Following the purchase, the director now owns 31,218 shares of the company's stock, valued at $186,371.46. This trade represents a 62.44 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. 10.10% of the stock is owned by corporate insiders.

American Vanguard Price Performance

Shares of AVD stock traded up $0.04 during trading hours on Friday, hitting $5.65. The company's stock had a trading volume of 383,491 shares, compared to its average volume of 373,619. The company has a current ratio of 1.89, a quick ratio of 0.79 and a debt-to-equity ratio of 0.55. The business has a fifty day moving average of $5.22 and a 200-day moving average of $5.99. American Vanguard Co. has a twelve month low of $4.26 and a twelve month high of $14.28. The stock has a market cap of $162.52 million, a price-to-earnings ratio of -5.48 and a beta of 0.91.

About American Vanguard

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.