Jacobs Levy Equity Management Inc. Boosts Position in American Vanguard Co. (NYSE:AVD)

Jacobs Levy Equity Management Inc. boosted its stake in shares of American Vanguard Co. (NYSE:AVD - Free Report) by 63.9% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 444,574 shares of the basic materials company's stock after acquiring an additional 173,349 shares during the period. Jacobs Levy Equity Management Inc. owned 1.54% of American Vanguard worth $2,058,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. PNC Financial Services Group Inc. raised its stake in American Vanguard by 133.0% during the fourth quarter. PNC Financial Services Group Inc. now owns 6,575 shares of the basic materials company's stock valued at $30,000 after purchasing an additional 3,753 shares in the last quarter. Intech Investment Management LLC bought a new stake in shares of American Vanguard in the 4th quarter worth about $50,000. Ieq Capital LLC bought a new stake in shares of American Vanguard in the 4th quarter worth about $54,000. Bayesian Capital Management LP purchased a new stake in shares of American Vanguard during the 4th quarter valued at about $54,000. Finally, Susquehanna Fundamental Investments LLC bought a new position in shares of American Vanguard in the 4th quarter valued at about $68,000. 79.04% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

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

American Vanguard Trading Up 4.9%

AVD traded up $0.20 during trading on Monday, reaching $4.29. The company had a trading volume of 116,793 shares, compared to its average volume of 271,113. 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 has a 50 day simple moving average of $4.20 and a 200-day simple moving average of $4.95. The stock has a market cap of $123.50 million, a P/E ratio of -4.17 and a beta of 1.24. American Vanguard Co. has a 52 week low of $3.28 and a 52 week high of $9.84.

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.