Jane Street Group LLC Sells 13,009 Shares of American Vanguard Co. (NYSE:AVD)

Jane Street Group LLC trimmed its stake in shares of American Vanguard Co. (NYSE:AVD) by 24.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 40,965 shares of the basic materials company’s stock after selling 13,009 shares during the period. Jane Street Group LLC’s holdings in American Vanguard were worth $217,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in AVD. First Eagle Investment Management LLC raised its stake in shares of 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 period. Barington Capital Group L.P. grew its holdings in shares of American Vanguard by 11.8% during the second quarter. Barington Capital Group L.P. now owns 475,000 shares of the basic materials company’s stock worth $4,085,000 after buying an additional 50,000 shares in the last quarter. Hotchkis & Wiley Capital Management LLC bought a new position in shares of American Vanguard during the third quarter worth about $2,351,000. Jacobs Levy Equity Management Inc. raised its position in American Vanguard by 4.5% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 271,225 shares of the basic materials company’s stock valued at $1,437,000 after buying an additional 11,751 shares during the last quarter. Finally, FMR LLC lifted its stake in American Vanguard by 28.0% in the 3rd quarter. FMR LLC now owns 156,691 shares of the basic materials company’s stock valued at $830,000 after acquiring an additional 34,297 shares in the last quarter. 79.04% of the stock is owned by institutional investors.

Insider Activity at American Vanguard

In other news, Director Steven D. Macicek purchased 12,000 shares of the company’s stock in a transaction on Friday, November 15th. The shares were purchased at an average cost of $5.97 per share, with a total value of $71,640.00. Following the completion of the transaction, the director now owns 31,218 shares of the company’s stock, valued at $186,371.46. The trade was a 62.44 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 10.10% 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 note on Wednesday, September 25th. One analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $16.67.

American Vanguard Price Performance

Shares of NYSE AVD opened at $4.57 on Monday. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.89 and a quick ratio of 0.79. The business has a 50-day moving average of $5.35 and a 200-day moving average of $6.19. The stock has a market capitalization of $131.56 million, a price-to-earnings ratio of -4.44 and a beta of 0.91. American Vanguard Co. has a fifty-two week low of $4.26 and a fifty-two week high of $14.28.

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.