Insider Trading at American Vanguard Co.: Peter Eilers Sells Shares

On December 13th, 2023, Peter Eilers, an insider at American Vanguard Co. (NYSE:AVD), sold a total of 3,000 shares of the company's stock. The shares were sold at an average price of $5.35, which amounted to $16,050 for the entire transaction. After this sale, Eilers now holds 38,177 shares of American Vanguard, bringing the total value of his holdings to approximately $204,246.95. This transaction reflects a decrease of 7.29% in his shareholding.

Overview of American Vanguard's Stock Performance

As of Wednesday, American Vanguard stock opened at $4.59. The company has a market capitalization of $132.14 million and a price-to-earnings (PE) ratio of -4.46, along with a beta of 0.89. The stock has a 50-day moving average price of $5.62 and a 200-day moving average of $6.71. Over the past year, the stock has reached a low of $4.57 and a high of $14.28. American Vanguard has a debt-to-equity ratio of 0.55, a current ratio of 1.89, and a quick ratio of 0.79.

Recent Analyst Ratings

Recently, StockNews.com upgraded American Vanguard from a "sell" rating to a "hold" rating in their report dated September 25th. Currently, one investment analyst has given the stock a hold rating, while four analysts have assigned a buy rating. According to MarketBeat.com, American Vanguard holds a consensus rating of "Moderate Buy" with a price target of $16.67.

Institutional Investment Activity

Institutional investors and hedge funds have been actively trading shares of American Vanguard. For instance, Pullen Investment Management LLC increased its holdings by 2.4% in the second quarter, now owning 70,089 shares worth approximately $603,000 after acquiring an additional 1,628 shares. Empowered Funds LLC raised its position by 5.2% in the third quarter, now holding 64,915 shares valued at $344,000. Additionally, Point72 DIFC Ltd saw a significant 195.7% increase in its holdings, now possessing 5,080 shares after buying an extra 3,362 shares in the second quarter. Nisa Investment Advisors LLC raised their stake dramatically by 7,554.5%, now owning 4,210 shares, alongside Quantbot Technologies LP which lifted its stake by 64.5%, now holding 11,291 shares. Currently, institutional investors own 79.04% of American Vanguard's stock.

Company Overview

American Vanguard Corporation, through its subsidiaries, specializes in developing, manufacturing, and marketing specialty chemicals for agricultural, commercial, and consumer applications both domestically and internationally. Their product line includes insecticides, fungicides, herbicides, growth regulators, soil fumigants, and more, available in various forms like liquid, powder, and granular for diverse uses including crops and human and animal health protection.

American, Vanguard, insider