Geode Capital Management LLC Sells 2,832 Shares of American Vanguard Co. (NYSE:AVD)

Geode Capital Management LLC lowered its holdings in shares of American Vanguard Co. (NYSE:AVD) by 0.5% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 581,973 shares of the basic materials company’s stock after selling 2,832 shares during the period. Geode Capital Management LLC’s holdings in American Vanguard were worth $3,085,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of AVD. Allspring Global Investments Holdings LLC bought a new position in American Vanguard during the 2nd quarter worth $118,000. Los Angeles Capital Management LLC boosted its holdings in American Vanguard by 535.7% in the second quarter. Los Angeles Capital Management LLC now owns 135,165 shares of the basic materials company’s stock valued at $1,162,000 after acquiring an additional 113,901 shares during the last quarter. American Century Companies Inc. boosted its holdings in American Vanguard by 12.9% in the second 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 during the last quarter. Perritt Capital Management Inc bought a new position in American Vanguard during the 2nd quarter worth approximately $172,000. Finally, Oppenheimer Asset Management Inc. lifted its position in shares of American Vanguard by 40.0% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 44,189 shares of the basic materials company’s stock worth $380,000 after purchasing an additional 12,625 shares during the period. Institutional investors own 79.04% of the company’s stock.

Insider Buying and Selling at American Vanguard

In other American Vanguard news, Director Steven D. Macicek purchased 12,000 shares of American Vanguard stock in a transaction that occurred on Friday, November 15th. The stock was acquired at an average price of $5.97 per share, with a total value of $71,640.00. Following the transaction, the director now owns 31,218 shares in the company, valued at $186,371.46. This trade represents a 62.44 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 10.10% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of American Vanguard from a “sell” rating to a “hold” rating in a research note on Wednesday, September 25th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $16.67.

American Vanguard Stock Performance

Shares of AVD stock opened at $4.65 on Tuesday. The company has a quick ratio of 0.79, a current ratio of 1.89 and a debt-to-equity ratio of 0.55. American Vanguard Co. has a 52 week low of $4.26 and a 52 week high of $14.28. The firm has a 50 day moving average of $5.40 and a 200-day moving average of $6.30. The company has a market cap of $133.86 million, a price-to-earnings ratio of -4.51 and a beta of 0.91.

American Vanguard Profile

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.