Patrick Gottschalk Purchases 20,000 Shares of American Vanguard (NYSE:AVD) Stock

American Vanguard Corporation (NYSE:AVD) Director Patrick Gottschalk bought 20,000 shares of the business’s stock in a transaction dated Tuesday, May 12th. The shares were bought at an average cost of $2.92 per share, with a total value of $58,400.00. Following the purchase, the director directly owned 146,705 shares of the company’s stock, valued at approximately $428,378.60. This represents a 15.78% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink.

American Vanguard Stock Up 6.9%

AVD opened at $2.86 on Thursday. The company has a market cap of $81.68 million, a PE ratio of -1.80 and a beta of 1.48. American Vanguard Corporation has a twelve month low of $2.05 and a twelve month high of $5.92. The company has a 50-day moving average price of $2.82 and a 200 day moving average price of $3.94. The company has a quick ratio of 1.41, a current ratio of 2.32 and a debt-to-equity ratio of 1.39.

American Vanguard (NYSE:AVD) last posted its quarterly earnings data on Wednesday, May 6th. The basic materials company reported ($0.14) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by ($0.08). American Vanguard had a negative return on equity of 4.13% and a negative net margin of 8.71%.The firm had revenue of $123.57 million during the quarter, compared to analyst estimates of $120.00 million.

Institutional Trading of American Vanguard

Several large investors have recently bought and sold shares of the business. Russell Investments Group Ltd. raised its holdings in American Vanguard by 15.0% in the 3rd quarter. Russell Investments Group Ltd. now owns 22,456 shares of the basic materials company’s stock valued at $129,000 after acquiring an additional 2,921 shares during the last quarter. Barclays PLC boosted its holdings in shares of American Vanguard by 3.6% during the 4th quarter. Barclays PLC now owns 126,269 shares of the basic materials company’s stock worth $482,000 after purchasing an additional 4,391 shares during the last quarter. Strs Ohio purchased a new stake in shares of American Vanguard in the first quarter valued at approximately $28,000. Gamco Investors INC. ET AL grew its position in shares of American Vanguard by 13.3% in the first quarter. Gamco Investors INC. ET AL now owns 68,000 shares of the basic materials company’s stock valued at $169,000 after purchasing an additional 8,000 shares in the last quarter. Finally, Wells Fargo & Company MN increased its holdings in shares of American Vanguard by 46.2% in the fourth quarter. Wells Fargo & Company MN now owns 28,650 shares of the basic materials company’s stock valued at $109,000 after purchasing an additional 9,055 shares during the last quarter. Hedge funds and other institutional investors own 79.00% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings cut American Vanguard from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Monday. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $12.00.

About American Vanguard

American Vanguard Corporation (NYSE: AVD) is a developer, manufacturer and marketer of specialty chemical products for crop protection, turf and ornamental care, and public health pest control. Headquartered in Newport Beach, California, the company offers a portfolio of insecticides, herbicides, fungicides and rodenticides designed for use across agricultural, turf and urban pest management applications. Its research and development efforts focus on novel chemistries and formulation technologies that address emerging pest resistance and regulatory requirements.

The company’s product lines include emulsifiable concentrates, wettable powders, granular formulations, baits and liquid concentrates sold under proprietary brand names.