Kennedy Capital Management Inc. decreased its stake in shares of S&w Seed (NASDAQ:SANW) by 20.8% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 559,852 shares of the company’s stock after selling 147,071 shares during the quarter. Kennedy Capital Management Inc. owned about 2.30% of S&w Seed worth $2,183,000 at the end of the most recent reporting period.
A number of other institutional investors also recently made changes to their positions in SANW. Teton Advisors Inc. purchased a new stake in S&w Seed in the fourth quarter valued at $208,000. Old West Investment Management LLC purchased a new stake in S&w Seed in the third quarter valued at $824,000. B. Riley Financial Inc. raised its position in S&w Seed by 151.9% in the third quarter. B. Riley Financial Inc. now owns 398,190 shares of the company’s stock valued at $1,272,000 after purchasing an additional 240,136 shares during the period. Finally, Price Michael F raised its holdings in shares of S&w Seed by 51.2% in the 4th quarter. Price Michael F now owns 6,814,339 shares of the company’s stock valued at $26,576,000 after buying an additional 2,306,501 shares during the period. Hedge funds and other institutional investors own 65.02% of the company’s stock.
SANW stock opened at $3.50 on Friday. The company has a current ratio of 1.61, a quick ratio of 0.51 and a debt-to-equity ratio of 0.16. The firm has a market capitalization of $86.40, a P/E ratio of -35.00 and a beta of -0.70. S&w Seed has a 12-month low of $2.90 and a 12-month high of $5.20.
SANW has been the topic of several research analyst reports. ValuEngine downgraded S&w Seed from a “hold” rating to a “sell” rating in a report on Wednesday, February 28th. Noble Financial reiterated a “buy” rating on shares of S&w Seed in a report on Friday. Finally, B. Riley reiterated a “buy” rating and issued a $6.50 price objective on shares of S&w Seed in a report on Monday, December 11th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the company. The company has an average rating of “Hold” and an average price target of $5.30.
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S&w Seed Profile
S&W Seed Company, an agricultural company, engages in breeding, growing, processing, and selling alfalfa seeds. The company sells its seeds to distributors and dealers in approximately 30 countries worldwide. S&W Seed Company was founded in 1980 and is headquartered in Sacramento, California.
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