16,839 Shares in American Vanguard Co. (NYSE:AVD) Acquired by Quantinno Capital Management LP

Quantinno Capital Management LP purchased a new position in shares of American Vanguard Co. (NYSE:AVD) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 16,839 shares of the basic materials company’s stock, valued at approximately $89,000. Quantinno Capital Management LP owned 0.06% of American Vanguard as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Pullen Investment Management LLC grew its holdings in shares of American Vanguard by 2.4% during the 2nd quarter. Pullen Investment Management LLC now owns 70,089 shares of the basic materials company’s stock worth $603,000 after purchasing an additional 1,628 shares during the period. Empowered Funds LLC grew its stake in American Vanguard by 5.2% during the third quarter. Empowered Funds LLC now owns 64,915 shares of the basic materials company’s stock worth $344,000 after buying an additional 3,216 shares during the period. Point72 DIFC Ltd grew its stake in American Vanguard by 195.7% during the second quarter. Point72 DIFC Ltd now owns 5,080 shares of the basic materials company’s stock worth $44,000 after buying an additional 3,362 shares during the period. Nisa Investment Advisors LLC increased its position in shares of American Vanguard by 7,554.5% in the second 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 in the last quarter. Finally, Quantbot Technologies LP raised its stake in shares of American Vanguard by 64.5% in the 3rd quarter. Quantbot Technologies LP now owns 11,291 shares of the basic materials company’s stock valued at $60,000 after acquiring an additional 4,429 shares during the period. Institutional investors and hedge funds own 79.04% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of American Vanguard from a “sell” rating to a “hold” rating in a research report on Wednesday, September 25th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $16.67.

American Vanguard Stock Down 6.9 %

Shares of NYSE:AVD opened at $4.59 on Wednesday. American Vanguard Co. has a 52-week low of $4.57 and a 52-week high of $14.28. The company has a market capitalization of $132.14 million, a price-to-earnings ratio of -4.46 and a beta of 0.89. The company has a quick ratio of 0.79, a current ratio of 1.89 and a debt-to-equity ratio of 0.55. The company has a 50 day moving average of $5.62 and a two-hundred day moving average of $6.71.

Insider Transactions at American Vanguard

In related news, Director Steven D. Macicek purchased 12,000 shares of the company’s stock in a transaction that occurred on Friday, November 15th. The stock was acquired at an average price of $5.97 per share, for a total transaction of $71,640.00. Following the completion of the purchase, the director now owns 31,218 shares in the company, valued at approximately $186,371.46. This represents a 62.44 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 10.10% 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.