CastleKnight Management LP Buys Shares of 295,500 American Vanguard Co. (NYSE:AVD)

CastleKnight Management LP acquired a new stake in shares of American Vanguard Co. (NYSE:AVD - Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The firm acquired 295,500 shares of the basic materials company's stock, valued at approximately $1,368,000. CastleKnight Management LP owned approximately 1.03% of American Vanguard at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the stock. Bayesian Capital Management LP bought a new position in American Vanguard during the fourth quarter valued at approximately $54,000. Bank of America Corp DE boosted its position in shares of American Vanguard by 232.9% during the 4th quarter. Bank of America Corp DE now owns 73,149 shares of the basic materials company's stock valued at $339,000 after acquiring an additional 51,174 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in shares of American Vanguard by 27.2% in the fourth quarter. Ameriprise Financial Inc. now owns 163,251 shares of the basic materials company's stock valued at $756,000 after purchasing an additional 34,943 shares in the last quarter. Northern Trust Corp increased its position in American Vanguard by 3.3% in the fourth quarter. Northern Trust Corp now owns 224,507 shares of the basic materials company's stock worth $1,039,000 after purchasing an additional 7,251 shares during the last quarter. Finally, Oxford Asset Management LLP purchased a new stake in American Vanguard during the fourth quarter valued at $163,000. 79.04% of the stock is owned by hedge funds and other institutional investors.

American Vanguard Trading Up 1.6 %

Shares of American Vanguard stock traded up $0.07 on Friday, reaching $4.46. The company had a trading volume of 154,049 shares, compared to its average volume of 279,500. The firm has a market cap of $128.39 million, a price-to-earnings ratio of -4.33 and a beta of 1.24. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.89 and a quick ratio of 0.79. The firm's 50-day moving average price is $4.24 and its two-hundred day moving average price is $4.99. American Vanguard Co. has a 1 year low of $3.28 and a 1 year high of $12.15.

Analysts Set New Price Targets

Separately, Lake Street Capital set a $14.00 target price on shares of American Vanguard in a report 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.