AgroFresh Solutions Inc (NASDAQ:AGFS) major shareholder Dowdupont Inc. purchased 67,600 shares of the company’s stock in a transaction on Friday, August 31st. The shares were bought at an average cost of $6.70 per share, with a total value of $452,920.00. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Major shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

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

  • On Wednesday, August 29th, Dowdupont Inc. purchased 67,202 shares of AgroFresh Solutions stock. The shares were bought at an average cost of $6.65 per share, with a total value of $446,893.30.
  • On Monday, August 27th, Dowdupont Inc. purchased 59,912 shares of AgroFresh Solutions stock. The shares were bought at an average cost of $6.48 per share, with a total value of $388,229.76.
  • On Thursday, August 23rd, Dowdupont Inc. purchased 54,202 shares of AgroFresh Solutions stock. The shares were bought at an average cost of $6.36 per share, with a total value of $344,724.72.
  • On Tuesday, August 21st, Dowdupont Inc. purchased 53,865 shares of AgroFresh Solutions stock. The shares were bought at an average cost of $5.77 per share, with a total value of $310,801.05.
  • On Friday, August 17th, Dowdupont Inc. purchased 38,730 shares of AgroFresh Solutions stock. The shares were bought at an average cost of $5.72 per share, with a total value of $221,535.60.
  • On Wednesday, August 15th, Dowdupont Inc. purchased 38,106 shares of AgroFresh Solutions stock. The shares were bought at an average cost of $6.04 per share, with a total value of $230,160.24.
  • On Monday, August 13th, Dowdupont Inc. purchased 38,929 shares of AgroFresh Solutions stock. The shares were bought at an average cost of $6.47 per share, with a total value of $251,870.63.
  • On Thursday, August 9th, Dowdupont Inc. purchased 38,377 shares of AgroFresh Solutions stock. The shares were bought at an average cost of $6.98 per share, with a total value of $267,871.46.
  • On Tuesday, August 7th, Dowdupont Inc. purchased 3,369 shares of AgroFresh Solutions stock. The shares were bought at an average cost of $6.99 per share, with a total value of $23,549.31.
  • On Friday, August 3rd, Dowdupont Inc. purchased 19,608 shares of AgroFresh Solutions stock. The shares were bought at an average cost of $7.00 per share, with a total value of $137,256.00.

AGFS stock opened at $6.20 on Wednesday. AgroFresh Solutions Inc has a 52-week low of $4.94 and a 52-week high of $8.75. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.53 and a current ratio of 1.93.

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 consensus estimate of ($0.26) by ($0.18). AgroFresh Solutions had a negative return on equity of 6.57% and a negative net margin of 1.17%. The business had revenue of $18.84 million for the quarter.

Hedge funds have recently bought and sold shares of the company. Sowell Financial Services LLC acquired a new stake in shares of AgroFresh Solutions during the first quarter worth $124,000. Private Advisor Group LLC acquired a new stake in shares of AgroFresh Solutions during the second quarter worth $125,000. Element Capital Management LLC acquired a new stake in shares of AgroFresh Solutions during the first quarter worth $132,000. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp acquired a new stake in shares of AgroFresh Solutions during the first quarter worth $143,000. Finally, Rhumbline Advisers boosted its holdings in shares of AgroFresh Solutions by 49.0% during the second quarter. Rhumbline Advisers now owns 30,499 shares of the basic materials company’s stock worth $214,000 after purchasing an additional 10,034 shares during the last quarter. Institutional investors and hedge funds own 80.16% of the company’s stock.

Several equities analysts have weighed in on the company. BidaskClub raised AgroFresh Solutions from a “strong sell” rating to a “sell” rating in a research report on Friday, August 24th. Citigroup dropped their price target on AgroFresh Solutions from $7.50 to $7.00 and set a “neutral” rating for the company in a research report on Thursday, August 16th.

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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