Barclays PLC Buys 27,229 Shares of American Vanguard Co. (NYSE:AVD)

Barclays PLC boosted its position in American Vanguard Co. (NYSE:AVD) by 59.3% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 73,112 shares of the basic materials company’s stock after purchasing an additional 27,229 shares during the quarter. Barclays PLC owned approximately 0.25% of American Vanguard worth $388,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC bought a new position in shares of American Vanguard during the 2nd quarter worth approximately $118,000. Los Angeles Capital Management LLC grew its holdings in American Vanguard by 535.7% in the second quarter. Los Angeles Capital Management LLC now owns 135,165 shares of the basic materials company’s stock worth $1,162,000 after purchasing an additional 113,901 shares during the last quarter. American Century Companies Inc. increased its position in shares of American Vanguard by 12.9% during the second quarter. American Century Companies Inc. now owns 45,206 shares of the basic materials company’s stock worth $389,000 after purchasing an additional 5,170 shares in the last quarter. Perritt Capital Management Inc purchased a new stake in shares of American Vanguard during the 2nd quarter valued at $172,000. Finally, Oppenheimer Asset Management Inc. boosted its position in shares of American Vanguard by 40.0% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 44,189 shares of the basic materials company’s stock worth $380,000 after purchasing an additional 12,625 shares in the last quarter. 79.04% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Separately, StockNews.com upgraded 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.com, American Vanguard has a consensus rating of “Moderate Buy” and a consensus price target of $16.67.

Insider Activity at American Vanguard

In other American Vanguard news, Director Steven D. Macicek bought 12,000 shares of American Vanguard stock in a transaction that occurred on Friday, November 15th. The stock was purchased at an average price of $5.97 per share, with a total value of $71,640.00. Following the completion of the acquisition, the director now directly owns 31,218 shares in the company, valued at approximately $186,371.46. This trade represents a 62.44 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 10.10% of the stock is owned by insiders.

American Vanguard Stock Up 2.7 %

Shares of AVD stock opened at $4.64 on Friday. American Vanguard Co. has a fifty-two week low of $4.26 and a fifty-two week high of $14.28. The firm has a market capitalization of $133.58 million, a PE ratio of -4.50 and a beta of 0.91. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.79 and a current ratio of 1.89. The stock’s 50-day simple moving average is $5.41 and its 200-day simple moving average is $6.36.

American Vanguard 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.