Patrick Gottschalk Acquires 20,000 Shares of American Vanguard (NYSE:AVD) Stock

American Vanguard Corporation (NYSE:AVD) Director Patrick Gottschalk purchased 20,000 shares of American Vanguard stock in a transaction that occurred on Tuesday, May 12th. The stock was purchased at an average price of $2.92 per share, with a total value of $58,400.00. Following the completion of the purchase, the director directly owned 146,705 shares in the company, valued at $428,378.60. This trade represents a 15.78% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

American Vanguard Price Performance

Shares of AVD stock traded down $0.04 during trading on Tuesday, hitting $2.67. The company had a trading volume of 159,627 shares, compared to its average volume of 291,930. The company has a debt-to-equity ratio of 1.39, a quick ratio of 1.41 and a current ratio of 2.32. The firm has a market capitalization of $76.29 million, a P/E ratio of -1.68 and a beta of 1.48. The stock’s 50-day moving average price is $2.89 and its 200 day moving average price is $3.97. American Vanguard Corporation has a one year low of $2.05 and a one year high of $5.92.

American Vanguard (NYSE:AVD) last issued its quarterly earnings results on Wednesday, May 6th. The basic materials company reported ($0.14) earnings per share for the quarter, missing analysts’ consensus estimates 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 firm had revenue of $123.57 million for the quarter, compared to the consensus estimate of $120.00 million.

Analyst Ratings Changes

Separately, Weiss Ratings raised shares of American Vanguard from a “sell (e+)” rating to a “sell (d-)” rating in a report on Monday, May 4th. One analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $12.00.

Institutional Trading of American Vanguard

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. R Squared Ltd acquired a new position in American Vanguard in the first quarter valued at $28,000. Strs Ohio acquired a new position in shares of American Vanguard during the 1st quarter valued at $28,000. nVerses Capital LLC acquired a new stake in shares of American Vanguard in the 4th quarter valued at about $42,000. Virtu Financial LLC acquired a new stake in shares of American Vanguard in the 4th quarter valued at about $52,000. Finally, Jain Global LLC acquired a new stake in shares of American Vanguard in the 4th quarter valued at about $53,000. Institutional investors and hedge funds own 79.00% of the company’s stock.

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.