AgroFresh Solutions (AGFS) Major Shareholder Dowdupont Inc. Buys 47,081 Shares

AgroFresh Solutions (NASDAQ:AGFS) major shareholder Dowdupont Inc. purchased 47,081 shares of the firm’s stock in a transaction dated Tuesday, May 1st. The shares were purchased at an average cost of $6.98 per share, for a total transaction of $328,625.38. The purchase was disclosed in a document filed with the SEC, which is available through this link. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

Dowdupont Inc. also recently made the following trade(s):

  • On Friday, May 4th, Dowdupont Inc. purchased 203 shares of AgroFresh Solutions stock. The shares were purchased at an average cost of $7.00 per share, for a total transaction of $1,421.00.
  • On Friday, April 27th, Dowdupont Inc. purchased 61,008 shares of AgroFresh Solutions stock. The shares were purchased at an average cost of $6.94 per share, for a total transaction of $423,395.52.
  • On Thursday, March 22nd, Dowdupont Inc. purchased 5,174 shares of AgroFresh Solutions stock. The shares were purchased at an average cost of $7.00 per share, for a total transaction of $36,218.00.
  • On Tuesday, March 20th, Dowdupont Inc. purchased 2,085 shares of AgroFresh Solutions stock. The shares were purchased at an average cost of $7.00 per share, for a total transaction of $14,595.00.

AGFS stock traded down $0.15 on Thursday, reaching $7.00. The company had a trading volume of 4,663 shares, compared to its average volume of 117,868. AgroFresh Solutions has a 1 year low of $6.76 and a 1 year high of $7.00. The company has a quick ratio of 1.63, a current ratio of 1.89 and a debt-to-equity ratio of 0.97.

AgroFresh Solutions (NASDAQ:AGFS) last issued its quarterly earnings results on Wednesday, March 14th. The basic materials company reported ($0.01) earnings per share for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.13). AgroFresh Solutions had a negative return on equity of 0.14% and a net margin of 14.31%. The business had revenue of $54.14 million for the quarter.

Several institutional investors have recently modified their holdings of AGFS. Dimensional Fund Advisors LP lifted its stake in shares of AgroFresh Solutions by 49.3% during the 3rd quarter. Dimensional Fund Advisors LP now owns 337,674 shares of the basic materials company’s stock worth $2,374,000 after purchasing an additional 111,568 shares during the period. Strs Ohio lifted its stake in shares of AgroFresh Solutions by 411.6% during the 4th quarter. Strs Ohio now owns 70,600 shares of the basic materials company’s stock worth $522,000 after purchasing an additional 56,800 shares during the period. Wedge Capital Management L L P NC purchased a new position in shares of AgroFresh Solutions during the 4th quarter worth $872,000. Algert Global LLC purchased a new position in shares of AgroFresh Solutions during the 4th quarter worth $496,000. Finally, Alambic Investment Management L.P. purchased a new position in shares of AgroFresh Solutions during the 4th quarter worth $411,000. 35.62% of the stock is currently owned by institutional investors.

AGFS has been the topic of a number of recent research reports. BidaskClub raised AgroFresh Solutions from a “sell” rating to a “hold” rating in a research note on Tuesday, February 6th. ValuEngine raised AgroFresh Solutions from a “sell” rating to a “hold” rating in a research note on Friday, February 2nd.

AgroFresh Solutions Company Profile

AgroFresh Solutions, Inc provides data-driven specialty solutions worldwide. The company uses 1-Methylcyclopropene technology, an ethylene action inhibitor to maintain freshness and extend the shelf life of various fresh produce. Its solutions enable growers and packers of fresh produce to preserve and enhance the freshness, quality, and value of fresh produce, including apples, pears, kiwifruit, avocados, and bananas, as well as flowers.

Insider Buying and Selling by Quarter for AgroFresh Solutions (NASDAQ:AGFS)

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