American Vanguard Corporation (NYSE:AVD) Shares Bought by Cwm LLC

Cwm LLC lifted its holdings in shares of American Vanguard Corporation (NYSE:AVD) by 134.7% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 9,425 shares of the basic materials company’s stock after acquiring an additional 5,410 shares during the quarter. Cwm LLC’s holdings in American Vanguard were worth $41,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of AVD. Cerity Partners LLC acquired a new stake in American Vanguard in the first quarter valued at $48,000. Pullen Investment Management LLC increased its position in shares of American Vanguard by 36.4% in the 1st quarter. Pullen Investment Management LLC now owns 243,143 shares of the basic materials company’s stock worth $1,070,000 after purchasing an additional 64,901 shares during the last quarter. Wellington Management Group LLP increased its position in shares of American Vanguard by 2.0% in the 4th quarter. Wellington Management Group LLP now owns 1,498,061 shares of the basic materials company’s stock worth $6,936,000 after purchasing an additional 29,713 shares during the last quarter. Mackenzie Financial Corp bought a new stake in shares of American Vanguard in the 4th quarter worth about $474,000. Finally, Public Employees Retirement System of Ohio bought a new stake in shares of American Vanguard in the 4th quarter worth about $144,000. Institutional investors and hedge funds own 79.04% of the company’s stock.

American Vanguard Price Performance

AVD opened at $4.23 on Monday. The company has a 50-day moving average of $4.04 and a 200-day moving average of $4.47. The company has a market capitalization of $120.26 million, a P/E ratio of -0.95 and a beta of 1.23. American Vanguard Corporation has a 1-year low of $3.28 and a 1-year high of $8.91. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.00 and a current ratio of 1.91.

American Vanguard (NYSE:AVD) last announced its quarterly earnings data on Thursday, July 31st. The basic materials company reported ($0.03) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.11) by $0.08. American Vanguard had a negative net margin of 23.72% and a negative return on equity of 26.21%. The business had revenue of $129.31 million during the quarter, compared to the consensus estimate of $130.00 million.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on AVD. Lake Street Capital dropped their target price on shares of American Vanguard from $14.00 to $12.00 and set a “buy” rating for the company in a research report on Monday, June 9th. Wall Street Zen raised shares of American Vanguard from a “hold” rating to a “buy” rating in a research report on Saturday.

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.