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

Jane Street Group LLC reduced its stake in shares of American Vanguard Co. (NYSE:AVD) by 24.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 40,965 shares of the basic materials company’s stock after selling 13,009 shares during the quarter. Jane Street Group LLC owned about 0.14% of American Vanguard worth $217,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of AVD. Empowered Funds LLC boosted its stake in shares of American Vanguard by 5.2% in the 3rd quarter. Empowered Funds LLC now owns 64,915 shares of the basic materials company’s stock valued at $344,000 after purchasing an additional 3,216 shares during the last quarter. Point72 DIFC Ltd boosted its stake in American Vanguard by 195.7% in the second quarter. Point72 DIFC Ltd now owns 5,080 shares of the basic materials company’s stock valued at $44,000 after acquiring an additional 3,362 shares during the last quarter. Quantbot Technologies LP boosted its stake in American Vanguard by 64.5% in the third 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 last quarter. American Century Companies Inc. grew its holdings in American Vanguard by 12.9% during the 2nd quarter. American Century Companies Inc. now owns 45,206 shares of the basic materials company’s stock worth $389,000 after acquiring an additional 5,170 shares during the period. Finally, SG Americas Securities LLC bought a new stake in shares of American Vanguard during the 3rd quarter valued at $56,000. Institutional investors and hedge funds own 79.04% of the company’s stock.

American Vanguard Stock Down 3.8 %

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

Insider Transactions at American Vanguard

In other American Vanguard news, Director Steven D. Macicek purchased 12,000 shares of the stock in a transaction on Friday, November 15th. The stock was bought at an average cost of $5.97 per share, for a total transaction of $71,640.00. Following the completion of the acquisition, the director now directly owns 31,218 shares of the company’s stock, valued at $186,371.46. The trade was a 62.44 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 10.10% of the company’s stock.

Wall Street Analyst Weigh In

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

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.