Dowdupont Inc. Buys 59,057 Shares of AgroFresh Solutions Inc (AGFS) Stock

AgroFresh Solutions Inc (NASDAQ:AGFS) major shareholder Dowdupont Inc. purchased 59,057 shares of the business’s stock in a transaction that occurred on Thursday, November 1st. The shares were bought at an average price of $5.79 per share, for a total transaction of $341,940.03. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

Dowdupont Inc. also recently made the following trade(s):

  • On Tuesday, October 30th, Dowdupont Inc. acquired 58,922 shares of AgroFresh Solutions stock. The stock was acquired at an average price of $5.78 per share, for a total transaction of $340,569.16.
  • On Friday, October 26th, Dowdupont Inc. acquired 56,933 shares of AgroFresh Solutions stock. The stock was acquired at an average price of $5.70 per share, for a total transaction of $324,518.10.
  • On Wednesday, October 24th, Dowdupont Inc. acquired 57,069 shares of AgroFresh Solutions stock. The stock was acquired at an average price of $5.65 per share, for a total transaction of $322,439.85.
  • On Saturday, October 20th, Dowdupont Inc. acquired 61,332 shares of AgroFresh Solutions stock. The stock was acquired at an average price of $5.67 per share, for a total transaction of $347,752.44.
  • On Thursday, October 18th, Dowdupont Inc. acquired 64,659 shares of AgroFresh Solutions stock. The stock was acquired at an average price of $5.91 per share, for a total transaction of $382,134.69.
  • On Tuesday, October 16th, Dowdupont Inc. acquired 62,370 shares of AgroFresh Solutions stock. The stock was acquired at an average price of $5.88 per share, for a total transaction of $366,735.60.
  • On Friday, October 12th, Dowdupont Inc. acquired 68,606 shares of AgroFresh Solutions stock. The stock was acquired at an average price of $5.96 per share, for a total transaction of $408,891.76.
  • On Wednesday, October 10th, Dowdupont Inc. acquired 68,814 shares of AgroFresh Solutions stock. The stock was acquired at an average price of $6.28 per share, for a total transaction of $432,151.92.
  • On Friday, October 5th, Dowdupont Inc. purchased 34,942 shares of AgroFresh Solutions stock. The shares were purchased at an average price of $6.29 per share, for a total transaction of $219,785.18.
  • On Monday, October 8th, Dowdupont Inc. purchased 103,670 shares of AgroFresh Solutions stock. The shares were purchased at an average price of $6.34 per share, for a total transaction of $657,267.80.

Shares of AgroFresh Solutions stock remained flat at $$5.76 on Friday. 118,630 shares of the stock were exchanged, compared to its average volume of 127,771. AgroFresh Solutions Inc has a twelve month low of $4.94 and a twelve month high of $8.75. The company has a current ratio of 1.93, a quick ratio of 1.53 and a debt-to-equity ratio of 1.07.

AgroFresh Solutions (NASDAQ:AGFS) last issued its quarterly earnings results on Thursday, August 9th. The basic materials company reported ($0.44) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.26) by ($0.18). The firm had revenue of $18.84 million for the quarter. AgroFresh Solutions had a negative return on equity of 6.57% and a negative net margin of 1.17%.

A number of research analysts have recently issued reports on the stock. BidaskClub lowered shares of AgroFresh Solutions from a “hold” rating to a “sell” rating in a research note on Tuesday, September 25th. Citigroup dropped their price target on shares of AgroFresh Solutions from $7.50 to $7.00 and set a “neutral” rating on the stock in a research note on Thursday, August 16th.

A number of hedge funds have recently added to or reduced their stakes in AGFS. Levin Capital Strategies L.P. purchased a new stake in AgroFresh Solutions during the third quarter worth about $125,000. Private Advisor Group LLC purchased a new stake in AgroFresh Solutions during the second quarter worth about $125,000. Rhumbline Advisers boosted its holdings in AgroFresh Solutions by 49.0% during the second quarter. Rhumbline Advisers now owns 30,499 shares of the basic materials company’s stock worth $214,000 after buying an additional 10,034 shares in the last quarter. Renaissance Technologies LLC boosted its holdings in AgroFresh Solutions by 55.5% during the second quarter. Renaissance Technologies LLC now owns 39,650 shares of the basic materials company’s stock worth $278,000 after buying an additional 14,150 shares in the last quarter. Finally, Hartford Investment Management Co. purchased a new stake in AgroFresh Solutions during the second quarter worth about $297,000. 80.17% of the stock is currently owned by hedge funds and other institutional investors.

AgroFresh Solutions Company Profile

AgroFresh Solutions, Inc provides data-driven specialty solutions worldwide. The company uses 1-Methylcyclopropene technology, an ethylene action inhibitor to maintain freshness and extend the shelf life of various fresh produce. Its solutions enable growers and packers of fresh produce to preserve and enhance the freshness, quality, and value of fresh produce, including apples, pears, kiwifruit, avocados, and bananas, as well as flowers.

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Insider Buying and Selling by Quarter for AgroFresh Solutions (NASDAQ:AGFS)

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