AgroFresh Solutions, Inc. (NASDAQ:AGFS) major shareholder Dowdupont Inc. acquired 60,966 shares of the company’s stock in a transaction on Friday, December 8th. The stock was acquired at an average cost of $6.82 per share, with a total value of $415,788.12. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

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

  • On Wednesday, December 6th, Dowdupont Inc. acquired 61,814 shares of AgroFresh Solutions stock. The stock was acquired at an average cost of $6.41 per share, with a total value of $396,227.74.
  • On Monday, December 4th, Dowdupont Inc. acquired 30,907 shares of AgroFresh Solutions stock. The stock was acquired at an average cost of $6.03 per share, with a total value of $186,369.21.
  • On Thursday, November 30th, Dowdupont Inc. acquired 55,792 shares of AgroFresh Solutions stock. The stock was acquired at an average cost of $5.96 per share, with a total value of $332,520.32.
  • On Tuesday, November 28th, Dowdupont Inc. acquired 55,590 shares of AgroFresh Solutions stock. The stock was acquired at an average cost of $5.78 per share, with a total value of $321,310.20.
  • On Wednesday, November 22nd, Dowdupont Inc. bought 27,078 shares of AgroFresh Solutions stock. The stock was purchased at an average price of $5.39 per share, with a total value of $145,950.42.
  • On Friday, November 24th, Dowdupont Inc. bought 54,063 shares of AgroFresh Solutions stock. The stock was purchased at an average price of $5.55 per share, with a total value of $300,049.65.

Shares of AgroFresh Solutions, Inc. (NASDAQ AGFS) opened at $6.82 on Tuesday. The stock has a market cap of $343.30, a PE ratio of 682.00 and a beta of 0.89. The company has a quick ratio of 2.28, a current ratio of 2.51 and a debt-to-equity ratio of 1.05. AgroFresh Solutions, Inc. has a twelve month low of $2.49 and a twelve month high of $9.05.

AGFS has been the subject of several analyst reports. BidaskClub upgraded shares of AgroFresh Solutions from a “strong sell” rating to a “sell” rating in a report on Thursday, December 7th. Citigroup restated a “neutral” rating and issued a $8.00 target price (down previously from $9.00) on shares of AgroFresh Solutions in a report on Monday, August 14th.

Several institutional investors have recently added to or reduced their stakes in the company. Nationwide Fund Advisors lifted its holdings in shares of AgroFresh Solutions by 26.7% in the 2nd quarter. Nationwide Fund Advisors now owns 17,016 shares of the basic materials company’s stock worth $122,000 after acquiring an additional 3,582 shares during the last quarter. Rhumbline Advisers lifted its holdings in shares of AgroFresh Solutions by 20.3% in the 2nd quarter. Rhumbline Advisers now owns 23,333 shares of the basic materials company’s stock worth $168,000 after acquiring an additional 3,931 shares during the last quarter. Citadel Advisors LLC lifted its holdings in shares of AgroFresh Solutions by 41.4% in the 2nd quarter. Citadel Advisors LLC now owns 15,389 shares of the basic materials company’s stock worth $110,000 after acquiring an additional 4,509 shares during the last quarter. TIAA CREF Investment Management LLC lifted its holdings in shares of AgroFresh Solutions by 8.9% in the 1st quarter. TIAA CREF Investment Management LLC now owns 69,347 shares of the basic materials company’s stock worth $303,000 after acquiring an additional 5,648 shares during the last quarter. Finally, Geode Capital Management LLC lifted its holdings in shares of AgroFresh Solutions by 2.9% in the 1st quarter. Geode Capital Management LLC now owns 204,662 shares of the basic materials company’s stock worth $894,000 after acquiring an additional 5,753 shares during the last quarter. Hedge funds and other institutional investors own 72.61% of the company’s stock.

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AgroFresh Solutions Company Profile

AgroFresh Solutions, Inc, formerly Boulevard Acquisition Corp., is a developer of agricultural technologies that preserve the freshness and value of fresh produce, including apples, pears, kiwifruit, avocados and bananas, as well as flowers. The Company’s principal product, The SmartFresh Quality System (SmartFresh), regulates the post-harvest ripening effects of ethylene, the naturally occurring plant hormone that triggers ripening in certain fruits and vegetables, through technology.

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

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