American Vanguard Corp. (NYSE:AVD) CEO Eric G. Wintemute purchased 5,000 shares of the company’s stock in a transaction on Thursday, August 29th. The stock was purchased at an average price of $14.08 per share, for a total transaction of $70,400.00. Following the purchase, the chief executive officer now directly owns 955,060 shares of the company’s stock, valued at approximately $13,447,244.80. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Shares of American Vanguard stock traded up $0.23 on Friday, hitting $15.41. The company had a trading volume of 71,282 shares, compared to its average volume of 81,806. The business has a 50-day simple moving average of $13.89 and a 200-day simple moving average of $15.51. The company has a debt-to-equity ratio of 0.52, a current ratio of 2.65 and a quick ratio of 1.16. The company has a market cap of $458.43 million, a PE ratio of 21.38 and a beta of 1.37. American Vanguard Corp. has a 52 week low of $12.69 and a 52 week high of $21.19.

American Vanguard (NYSE:AVD) last posted its quarterly earnings data on Tuesday, August 6th. The basic materials company reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.02. The business had revenue of $113.10 million during the quarter, compared to analysts’ expectations of $109.83 million. American Vanguard had a net margin of 4.60% and a return on equity of 6.34%. The business’s revenue was up 5.7% on a year-over-year basis. During the same period last year, the firm posted $0.19 earnings per share. On average, equities research analysts predict that American Vanguard Corp. will post 0.68 earnings per share for the current fiscal year.

Separately, Zacks Investment Research cut shares of American Vanguard from a “hold” rating to a “strong sell” rating in a report on Thursday, July 25th.

Large investors have recently modified their holdings of the stock. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in American Vanguard by 65.5% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,943 shares of the basic materials company’s stock worth $45,000 after buying an additional 1,165 shares in the last quarter. Aperio Group LLC bought a new stake in American Vanguard during the second quarter worth approximately $116,000. BNP Paribas Arbitrage SA boosted its holdings in American Vanguard by 218.1% during the first quarter. BNP Paribas Arbitrage SA now owns 7,325 shares of the basic materials company’s stock worth $126,000 after buying an additional 5,022 shares in the last quarter. Cubist Systematic Strategies LLC bought a new stake in American Vanguard during the second quarter worth approximately $150,000. Finally, JPMorgan Chase & Co. boosted its holdings in American Vanguard by 16.3% during the second quarter. JPMorgan Chase & Co. now owns 10,913 shares of the basic materials company’s stock worth $164,000 after buying an additional 1,529 shares in the last quarter. Hedge funds and other institutional investors own 74.89% of the company’s stock.

About American Vanguard

American Vanguard Corporation, through its subsidiaries, develops, manufactures, and markets specialty chemicals for agricultural, commercial, and consumer uses in the United States and internationally. The company manufactures and formulates chemicals, including insecticides, fungicides, herbicides, molluscicides, growth regulators, and soil fumigants in liquid, powder, and granular forms for crops, turf and ornamental plants, and human and animal health protection.

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