AgroFresh Solutions Inc (NASDAQ:AGFS) major shareholder Dowdupont Inc. acquired 73,909 shares of the business’s stock in a transaction dated Friday, September 21st. The stock was acquired at an average price of $6.75 per share, for a total transaction of $498,885.75. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

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

  • On Wednesday, September 19th, Dowdupont Inc. purchased 75,400 shares of AgroFresh Solutions stock. The shares were purchased at an average price of $6.77 per share, for a total transaction of $510,458.00.
  • On Monday, September 17th, Dowdupont Inc. purchased 80,129 shares of AgroFresh Solutions stock. The shares were purchased at an average price of $6.46 per share, for a total transaction of $517,633.34.
  • On Thursday, September 13th, Dowdupont Inc. purchased 83,912 shares of AgroFresh Solutions stock. The shares were purchased at an average price of $6.18 per share, for a total transaction of $518,576.16.
  • On Tuesday, September 11th, Dowdupont Inc. purchased 83,844 shares of AgroFresh Solutions stock. The shares were purchased at an average price of $6.17 per share, for a total transaction of $517,317.48.
  • On Friday, September 7th, Dowdupont Inc. purchased 79,666 shares of AgroFresh Solutions stock. The shares were purchased at an average price of $6.28 per share, for a total transaction of $500,302.48.
  • On Wednesday, September 5th, Dowdupont Inc. purchased 79,386 shares of AgroFresh Solutions stock. The shares were purchased at an average price of $6.35 per share, for a total transaction of $504,101.10.
  • On Friday, August 31st, Dowdupont Inc. purchased 67,600 shares of AgroFresh Solutions stock. The shares were purchased at an average price of $6.70 per share, for a total transaction of $452,920.00.
  • On Wednesday, August 29th, Dowdupont Inc. purchased 67,202 shares of AgroFresh Solutions stock. The shares were purchased at an average price of $6.65 per share, for a total transaction of $446,893.30.
  • On Monday, August 27th, Dowdupont Inc. purchased 59,912 shares of AgroFresh Solutions stock. The shares were purchased at an average price of $6.48 per share, for a total transaction of $388,229.76.
  • On Thursday, August 23rd, Dowdupont Inc. purchased 54,202 shares of AgroFresh Solutions stock. The shares were purchased at an average price of $6.36 per share, for a total transaction of $344,724.72.

AGFS traded down $0.11 during midday trading on Monday, hitting $6.57. 128,500 shares of the company traded hands, compared to its average volume of 144,572. The company has a quick ratio of 1.53, a current ratio of 1.93 and a debt-to-equity ratio of 1.07. AgroFresh Solutions Inc has a 52-week low of $4.94 and a 52-week high of $8.75.

AgroFresh Solutions (NASDAQ:AGFS) last posted its quarterly earnings data on Thursday, August 9th. The basic materials company reported ($0.44) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.26) by ($0.18). The company had revenue of $18.84 million for the quarter. AgroFresh Solutions had a negative net margin of 1.17% and a negative return on equity of 6.57%.

Several research firms recently commented on AGFS. BidaskClub lowered shares of AgroFresh Solutions from a “hold” rating to a “sell” rating in a research report on Wednesday, June 27th. Citigroup decreased their price objective on shares of AgroFresh Solutions from $7.50 to $7.00 and set a “neutral” rating on the stock in a report on Thursday, August 16th.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Rhumbline Advisers lifted its holdings in AgroFresh Solutions by 49.0% during the second quarter. Rhumbline Advisers now owns 30,499 shares of the basic materials company’s stock valued at $214,000 after purchasing an additional 10,034 shares in the last quarter. Schwab Charles Investment Management Inc. lifted its holdings in AgroFresh Solutions by 22.9% during the second quarter. Schwab Charles Investment Management Inc. now owns 59,500 shares of the basic materials company’s stock valued at $418,000 after purchasing an additional 11,100 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in AgroFresh Solutions by 10.6% during the second quarter. Bank of New York Mellon Corp now owns 120,152 shares of the basic materials company’s stock valued at $842,000 after purchasing an additional 11,536 shares in the last quarter. Renaissance Technologies LLC lifted its holdings in AgroFresh Solutions by 55.5% during the second quarter. Renaissance Technologies LLC now owns 39,650 shares of the basic materials company’s stock valued at $278,000 after purchasing an additional 14,150 shares in the last quarter. Finally, Citadel Advisors LLC lifted its holdings in AgroFresh Solutions by 21.7% during the second quarter. Citadel Advisors LLC now owns 84,983 shares of the basic materials company’s stock valued at $596,000 after purchasing an additional 15,147 shares in the last quarter. 80.16% of the stock is currently owned by institutional investors and hedge funds.

About AgroFresh Solutions

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.

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

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