Mark S. Grewal Sells 76,181 Shares of S&W Seed Co. (SANW) Stock
S&W Seed Co. (NASDAQ:SANW) insider Mark S. Grewal sold 76,181 shares of the firm’s stock in a transaction dated Monday, October 3rd. The stock was sold at an average price of $5.07, for a total value of $386,237.67. Following the transaction, the insider now directly owns 108,213 shares in the company, valued at approximately $548,639.91. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
S&W Seed Co. (NASDAQ:SANW) opened at 4.95 on Friday. The stock has a market cap of $84.98 million, a price-to-earnings ratio of 247.50 and a beta of -0.47. The company’s 50 day moving average price is $4.88 and its 200-day moving average price is $4.54. S&W Seed Co. has a 12-month low of $3.90 and a 12-month high of $5.16.
S&W Seed Co. (NASDAQ:SANW) last posted its earnings results on Thursday, September 15th. The company reported $0.08 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.06 by $0.02. The business had revenue of $34.60 million for the quarter. S&W Seed Co. had a net margin of 0.38% and a return on equity of 0.67%. The business’s revenue was up 20.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.05 EPS. On average, analysts forecast that S&W Seed Co. will post $0.12 EPS for the current year.
A number of institutional investors have recently modified their holdings of the company. Algert Global LLC raised its position in shares of S&W Seed Co. by 159.4% in the second quarter. Algert Global LLC now owns 32,465 shares of the company’s stock worth $142,000 after buying an additional 19,951 shares in the last quarter. Carnick & Kubik Group LLC purchased a new position in shares of S&W Seed Co. during the second quarter worth approximately $173,000. Geode Capital Management LLC raised its position in shares of S&W Seed Co. by 11.5% in the first quarter. Geode Capital Management LLC now owns 47,087 shares of the company’s stock worth $196,000 after buying an additional 4,843 shares in the last quarter. BlackRock Fund Advisors raised its position in shares of S&W Seed Co. by 53.3% in the second quarter. BlackRock Fund Advisors now owns 56,966 shares of the company’s stock worth $248,000 after buying an additional 19,812 shares in the last quarter. Finally, Renaissance Technologies LLC raised its position in shares of S&W Seed Co. by 9.6% in the first quarter. Renaissance Technologies LLC now owns 74,500 shares of the company’s stock worth $311,000 after buying an additional 6,500 shares in the last quarter. Hedge funds and other institutional investors own 60.03% of the company’s stock.
Separately, Roth Capital set a $8.00 price target on S&W Seed Co. and gave the stock a “buy” rating in a report on Wednesday, September 14th.
S&W Seed Co. Company Profile
S&W Seed Company is a producer and distributor of alfalfa seed around the world. The Company’s alfalfa seed business encompasses the production, breeding and sale of non-dormant and dormant conventional varieties, and the potential for production and sale of genetically modified organism (GMO) varieties.
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