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

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

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Point72 DIFC Ltd raised its position in shares of 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 purchasing an additional 3,362 shares during the period. SG Americas Securities LLC acquired a new position in American Vanguard during the third quarter worth $56,000. Quantbot Technologies LP raised its holdings in American Vanguard by 64.5% during the third quarter. Quantbot Technologies LP now owns 11,291 shares of the basic materials company’s stock worth $60,000 after buying an additional 4,429 shares during the last quarter. Quantinno Capital Management LP bought a new position in shares of American Vanguard in the third quarter valued at $89,000. Finally, XTX Topco Ltd acquired a new position in shares of American Vanguard during the third quarter valued at about $104,000. Institutional investors own 79.04% of the company’s stock.

American Vanguard Price Performance

Shares of NYSE:AVD opened at $5.08 on Friday. American Vanguard Co. has a 1-year low of $4.26 and a 1-year high of $14.28. The company has a current ratio of 1.89, a quick ratio of 0.79 and a debt-to-equity ratio of 0.55. The stock has a market cap of $146.17 million, a PE ratio of -4.93 and a beta of 0.91. The stock’s fifty day simple moving average is $5.28 and its two-hundred day simple moving average is $6.08.

Analyst Ratings Changes

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 equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $16.67.

Insiders Place Their Bets

In other American Vanguard news, Director Steven D. Macicek acquired 12,000 shares of American Vanguard stock in a transaction on Friday, November 15th. The stock was purchased at an average price of $5.97 per share, for a total transaction of $71,640.00. Following the purchase, the director now directly owns 31,218 shares of the company’s stock, valued at $186,371.46. This trade represents a 62.44 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 10.10% of the company’s stock.

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.