Insider Selling: American Vanguard Co. (NYSE:AVD) Insider Sells $16,050.00 in Stock

American Vanguard Co. (NYSE:AVD) insider Peter Eilers sold 3,000 shares of the stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $5.35, for a total transaction of $16,050.00. Following the sale, the insider now owns 38,177 shares of the company’s stock, valued at approximately $204,246.95. This represents a 7.29 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

American Vanguard Price Performance

Shares of AVD opened at $4.41 on Friday. The company has a 50 day moving average price of $5.59 and a 200-day moving average price of $6.68. American Vanguard Co. has a fifty-two week low of $4.40 and a fifty-two week high of $14.28. The stock has a market capitalization of $126.96 million, a PE ratio of -4.28 and a beta of 0.89. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.79 and a current ratio of 1.89.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of American Vanguard from a “sell” rating to a “hold” rating in a report on Wednesday, September 25th. One 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.com, the company has an average rating of “Moderate Buy” and an average target price of $16.67.

Hedge Funds Weigh In On American Vanguard

Several hedge funds and other institutional investors have recently added to or reduced their stakes in AVD. Hotchkis & Wiley Capital Management LLC acquired a new position in American Vanguard during the 3rd quarter worth approximately $2,351,000. First Eagle Investment Management LLC raised its position in American Vanguard by 67.5% in the 2nd quarter. First Eagle Investment Management LLC now owns 520,398 shares of the basic materials company’s stock valued at $4,475,000 after purchasing an additional 209,800 shares during the last quarter. Assenagon Asset Management S.A. purchased a new position in American Vanguard during the 2nd quarter worth $1,677,000. AQR Capital Management LLC purchased a new position in American Vanguard during the 2nd quarter worth $1,006,000. Finally, Los Angeles Capital Management LLC raised its position in American Vanguard by 535.7% during the 2nd quarter. Los Angeles Capital Management LLC now owns 135,165 shares of the basic materials company’s stock worth $1,162,000 after buying an additional 113,901 shares during the last quarter. 79.04% of the stock is owned by hedge funds and other institutional investors.

American Vanguard Company Profile

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.