Dimensional Fund Advisors LP lessened its holdings in American Vanguard Co. (NYSE:AVD - Free Report) by 9.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,678,607 shares of the basic materials company's stock after selling 175,686 shares during the quarter. Dimensional Fund Advisors LP owned 6.00% of American Vanguard worth $14,436,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also modified their holdings of the company. Gladius Capital Management LP acquired a new position in American Vanguard during the second quarter worth $32,000. Nisa Investment Advisors LLC boosted its holdings 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 worth $36,000 after buying an additional 4,155 shares in the last quarter. EntryPoint Capital LLC grew its position in American Vanguard by 363.9% during the first quarter. EntryPoint Capital LLC now owns 10,118 shares of the basic materials company's stock worth $131,000 after buying an additional 7,937 shares during the period. Allspring Global Investments Holdings LLC acquired a new stake in shares of American Vanguard during the 2nd quarter valued at approximately $118,000. Finally, Humankind Investments LLC purchased a new stake in shares of American Vanguard during the 4th quarter worth approximately $159,000. 79.04% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several equities analysts recently issued reports on AVD shares. Lake Street Capital began coverage on American Vanguard in a report on Monday, July 22nd. They set a "buy" rating and a $14.00 price objective for the company. 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 company. According to data from MarketBeat.com, American Vanguard has a consensus rating of "Moderate Buy" and an average price target of $16.67.
Check Out Our Latest Stock Report on AVD
Insiders Place Their Bets
In other news, Director Keith M. Rosenbloom acquired 33,555 shares of American Vanguard stock in a transaction dated Wednesday, August 28th. The shares were acquired at an average cost of $5.66 per share, with a total value of $189,921.30. Following the purchase, the director now directly owns 1,047,410 shares of the company's stock, valued at approximately $5,928,340.60. This trade represents a 0.00 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In related news, Director Keith M. Rosenbloom purchased 104,492 shares of the stock in a transaction that occurred on Friday, August 30th. The stock was purchased at an average cost of $5.74 per share, for a total transaction of $599,784.08. Following the acquisition, the director now owns 1,168,682 shares in the company, valued at approximately $6,708,234.68. This trade represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Keith M. Rosenbloom acquired 33,555 shares of American Vanguard stock in a transaction on Wednesday, August 28th. The shares were bought at an average price of $5.66 per share, for a total transaction of $189,921.30. Following the purchase, the director now owns 1,047,410 shares of the company's stock, valued at $5,928,340.60. This represents a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders bought 163,047 shares of company stock worth $938,205 over the last three months. 10.10% of the stock is owned by insiders.
American Vanguard Trading Up 1.8 %
Shares of NYSE:AVD traded up $0.09 during trading on Friday, reaching $5.19. The stock had a trading volume of 214,995 shares, compared to its average volume of 248,492. American Vanguard Co. has a fifty-two week low of $4.95 and a fifty-two week high of $14.28. The business has a fifty day moving average price of $6.24 and a 200-day moving average price of $8.75. The stock has a market cap of $145.24 million, a P/E ratio of 19.96 and a beta of 0.87. The company has a quick ratio of 1.08, a current ratio of 2.22 and a debt-to-equity ratio of 0.60.
American Vanguard (NYSE:AVD - Get Free Report) last issued its quarterly earnings results on Thursday, August 8th. The basic materials company reported ($0.09) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.08). American Vanguard had a positive return on equity of 1.85% and a negative net margin of 0.60%. The company had revenue of $128.21 million for the quarter, compared to analyst estimates of $134.20 million. As a group, analysts anticipate that American Vanguard Co. will post 0.02 earnings per share for the current fiscal year.
American Vanguard Profile
(
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 Articles
Before you consider American Vanguard, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and American Vanguard wasn't on the list.
While American Vanguard currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Keep reading to learn how options trading can help you use the market’s volatility to your advantage.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.