Renaissance Technologies LLC Sells 114,637 Shares of American Vanguard Co. (NYSE:AVD)

Renaissance Technologies LLC lowered its stake in shares of American Vanguard Co. (NYSE:AVD - Free Report) by 55.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 91,615 shares of the basic materials company's stock after selling 114,637 shares during the period. Renaissance Technologies LLC owned 0.32% of American Vanguard worth $424,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in AVD. Dynamic Technology Lab Private Ltd purchased a new position in American Vanguard during the 4th quarter valued at about $198,000. Wells Fargo & Company MN increased its holdings in American Vanguard by 23.8% during the 4th quarter. Wells Fargo & Company MN now owns 14,952 shares of the basic materials company's stock worth $69,000 after acquiring an additional 2,875 shares during the period. Geode Capital Management LLC lifted its stake in American Vanguard by 2.4% in the 4th quarter. Geode Capital Management LLC now owns 595,771 shares of the basic materials company's stock worth $2,759,000 after purchasing an additional 13,798 shares in the last quarter. Wellington Management Group LLP boosted its holdings in 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 valued at $6,936,000 after purchasing an additional 29,713 shares during the period. Finally, Arrowstreet Capital Limited Partnership purchased a new position in shares of American Vanguard during the 4th quarter valued at $107,000. 79.04% of the stock is owned by institutional investors.

American Vanguard Stock Up 1.4 %

Shares of NYSE AVD traded up $0.06 during midday trading on Friday, hitting $4.45. The stock had a trading volume of 37,692 shares, compared to its average volume of 278,596. The company has a market cap of $128.11 million, a P/E ratio of -4.32 and a beta of 1.24. American Vanguard Co. has a 52 week low of $3.28 and a 52 week high of $12.67. The company has a quick ratio of 0.79, a current ratio of 1.89 and a debt-to-equity ratio of 0.55. The business's 50 day moving average is $4.25 and its 200-day moving average is $5.00.

Analyst Upgrades and Downgrades

Separately, Lake Street Capital set a $14.00 price objective on American Vanguard in a research note on Tuesday, January 21st.

About American Vanguard

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.