Steven D. Macicek Buys 12,000 Shares of American Vanguard Co. (NYSE:AVD) Stock

American Vanguard Co. (NYSE:AVD) Director Steven D. Macicek purchased 12,000 shares of the business’s stock in a transaction dated Friday, November 15th. The shares were acquired at an average price of $5.97 per share, for a total transaction of $71,640.00. Following the acquisition, the director now directly owns 31,218 shares in the company, valued at $186,371.46. This represents a 62.44 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

American Vanguard Stock Performance

AVD traded up $0.08 during trading on Monday, hitting $6.15. The stock had a trading volume of 281,859 shares, compared to its average volume of 260,141. The firm has a market cap of $176.91 million, a PE ratio of -5.97 and a beta of 0.88. American Vanguard Co. has a 12 month low of $4.95 and a 12 month high of $14.28. The company has a current ratio of 1.89, a quick ratio of 1.08 and a debt-to-equity ratio of 0.55. The company has a 50 day simple moving average of $5.52 and a 200-day simple moving average of $7.29.

Wall Street Analyst Weigh In

AVD has been the topic of a number of recent research reports. Lake Street Capital initiated coverage on shares of American Vanguard in a report on Monday, July 22nd. They set a “buy” rating and a $14.00 price target on the stock. StockNews.com upgraded shares of American Vanguard from a “sell” rating to a “hold” rating in a report on Wednesday, September 25th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $16.67.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Gladius Capital Management LP bought a new position in American Vanguard in the 2nd quarter worth $32,000. Nisa Investment Advisors LLC raised its holdings in American Vanguard by 7,554.5% in the 2nd quarter. Nisa Investment Advisors LLC now owns 4,210 shares of the basic materials company’s stock worth $36,000 after acquiring an additional 4,155 shares during the period. Point72 DIFC Ltd raised its holdings in American Vanguard by 195.7% in the 2nd quarter. Point72 DIFC Ltd now owns 5,080 shares of the basic materials company’s stock worth $44,000 after acquiring an additional 3,362 shares during the period. SG Americas Securities LLC bought a new position in American Vanguard in the 3rd quarter worth $56,000. Finally, Quantbot Technologies LP raised its holdings in American Vanguard by 64.5% in the 3rd quarter. Quantbot Technologies LP now owns 11,291 shares of the basic materials company’s stock worth $60,000 after acquiring an additional 4,429 shares during the period. Institutional investors own 79.04% 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. It manufactures and formulates chemicals, including insecticides, fungicides, herbicides, soil health, plant nutrition, molluscicides, growth regulators, soil fumigants, and biorationals in liquid, powder, and granular forms for crops, turf and ornamental plants, and human and animal health protection.