Patrick Gottschalk Acquires 25,000 Shares of American Vanguard (NYSE:AVD) Stock

American Vanguard Corporation (NYSE:AVD) Director Patrick Gottschalk bought 25,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 19th. The stock was bought at an average cost of $2.70 per share, for a total transaction of $67,500.00. Following the completion of the transaction, the director directly owned 191,705 shares of the company’s stock, valued at approximately $517,603.50. The trade was a 15.00% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

American Vanguard Price Performance

AVD opened at $2.86 on Thursday. The company’s 50 day simple moving average is $2.82 and its 200 day simple moving average is $3.94. The company has a debt-to-equity ratio of 1.39, a quick ratio of 1.41 and a current ratio of 2.32. American Vanguard Corporation has a 1 year low of $2.05 and a 1 year high of $5.92. The stock has a market capitalization of $81.68 million, a PE ratio of -1.80 and a beta of 1.48.

American Vanguard (NYSE:AVD) last released its earnings results 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 company had revenue of $123.57 million during the quarter, compared to analyst estimates of $120.00 million.

Analyst Upgrades and Downgrades

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. R Squared Ltd acquired a new position in American Vanguard during the first quarter valued at approximately $28,000. Strs Ohio acquired a new position in American Vanguard during the first quarter valued at approximately $28,000. nVerses Capital LLC acquired a new position in American Vanguard during the fourth quarter valued at approximately $42,000. Virtu Financial LLC acquired a new position in American Vanguard during the fourth quarter valued at approximately $52,000. Finally, Jain Global LLC acquired a new position in American Vanguard during the fourth quarter valued at approximately $53,000. 79.00% of the stock is owned by institutional investors and hedge funds.

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.